Romania - Potassic Fertilizers (Mineral And Chemical) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Romania - Potassic Fertilizers (Mineral And Chemical) - Market Analysis, Forecast, Size, Trends and Insights

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Potassic Fertilizer Price in Romania - 2023

Contents:

  1. Potassic Fertilizer Price in Romania (CIF) - 2022
  2. Potassic Fertilizer Price in Romania (FOB) - 2022
  3. Potassic Fertilizer Imports in Romania
  4. Potassic Fertilizer Exports in Romania

Potassic Fertilizer Price in Romania (CIF) - 2022

The average potassic fertilizer import price stood at $460 per ton in 2022, rising by 24% against the previous year. In general, the import price, however, recorded a slight decrease. Over the period under review, average import prices reached the peak figure at $547 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uzbekistan ($849 per ton), while the price for Germany ($363 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Potassic Fertilizer Price in Romania (FOB) - 2022

In 2022, the average potassic fertilizer export price amounted to $444 per ton, with an increase of 48% against the previous year. In general, the export price, however, recorded a deep contraction. The export price peaked at $1,145 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($667 per ton), while the average price for exports to Croatia ($242 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+13.1%), while the prices for the other major destinations experienced a decline.

Potassic Fertilizer Imports in Romania

In 2022, overseas purchases of potassic fertilizers decreased by -82.7% to 15K tons, falling for the second consecutive year after two years of growth. Overall, imports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 2.5% against the previous year. As a result, imports reached the peak of 95K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, potassic fertilizer imports fell significantly to $7M in 2022. Over the period under review, imports continue to indicate a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 5.6% against the previous year. As a result, imports attained the peak of $33M, and then dropped rapidly in the following year.

Import of Potassic Fertilizer in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany23.923.524.84.1-44.4%
UzbekistanN/AN/AN/A0.70%
Austria0.10.20.70.571.0%
Italy0.10.1N/A0.226.0%
Poland0.30.20.30.2-12.6%
Belarus1.82.13.10.1-61.8%
Hungary0.10.60.90.10.0%
Russia2.82.00.5N/A-57.7%
Others0.92.22.41.03.6%
Total30.030.932.77.0-38.4%

Top Suppliers of Potassic Fertilizer to Romania in 2022:

  1. Germany (11.4K tons)
  2. Austria (1.0K tons)
  3. Uzbekistan (0.9K tons)
  4. Belarus (0.3K tons)
  5. Italy (0.3K tons)
  6. Poland (0.3K tons)
  7. Hungary (0.3K tons)

Potassic Fertilizer Exports in Romania

In 2022, potassic fertilizer exports from Romania contracted notably to 2.4K tons, falling by -66.6% against 2021 figures. Over the period under review, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 187% against the previous year. As a result, the exports attained the peak of 7.3K tons, and then fell rapidly in the following year.

In value terms, potassic fertilizer exports reduced remarkably to $1.1M in 2022. In general, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 220%. As a result, the exports reached the peak of $2.2M, and then shrank rapidly in the following year.

Export of Potassic Fertilizer in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece4.5N/AN/A542393.9%
Hungary879273618225-36.5%
CroatiaN/AN/A778212-72.8%
Bulgaria96140139423.1-71.1%
AustriaN/AN/A2396.5-97.3%
AlbaniaN/AN/A135N/A0%
Others12.79.425.275.481.1%
Total1,8576842,1901,084-16.4%

Top Export Markets for Potassic Fertilizer from Romania in 2022:

  1. Croatia (873.5 tons)
  2. Greece (813.2 tons)
  3. Hungary (564.2 tons)
  4. Bulgaria (95.2 tons)
  5. Austria (24.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the potassic fertilizer market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 4016 - Potassium chloride (muriate of potash) (MOP)
  • FCL 4017 - Potassium sulphate (sulphate of potash) (SOP)

Country coverage:

  • Romania

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Romania
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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