Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Romania - 2023

Contents:

  1. Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Romania (CIF) - 2022
  2. Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Romania

Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Romania (CIF) - 2022

The average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $31,000 per ton in 2022, increasing by 37% against the previous year. Over the period under review, the import price posted a strong expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 54% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +5.1% per year.

Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Romania

In 2022, the amount of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses imported into Romania surged to 5 kg, jumping by 67% on 2021 figures. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 200% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses surged to $155 in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 353% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Romania (USD)
COUNTRY202020212022CAGR,
2020-2022
Germany15.068.0155221.5%
OthersN/AN/AN/A0%
Total15.068.0155221.5%

Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Romania in 2022:

  1. Germany (5.0 kg)

Source: IndexBox Market Intelligence Platform

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