Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Romania - 2023

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Romania (CIF) - 2022
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Romania (FOB) - 2022
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Romania
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Romania

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Romania (CIF) - 2022

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $2,293 per ton, increasing by 9.1% against the previous year. Over the period under review, the import price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 110%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($3,035 per ton), while the price for China ($1,944 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+58.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Romania (FOB) - 2022

The average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $2,367 per ton in 2022, falling by -22.6% against the previous year. In general, the export price, however, saw a resilient increase. The growth pace was the most rapid in 2015 an increase of 165%. As a result, the export price attained the peak level of $4,884 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Bulgaria.

From 2013 to 2022, the rate of growth in terms of prices for Moldova amounted to +30.2% per year.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Romania

Imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates into Romania shrank to 281 tons in 2022, which is down by -9.1% compared with 2021. Over the period under review, imports faced a significant contraction.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates fell slightly to $645K in 2022. In general, imports saw a mild shrinkage. The growth pace was the most rapid in 2021 with an increase of 48%.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/AN/A1810%
TurkeyN/AN/A50.4174245.2%
South KoreaN/A59.527463.83.6%
Bulgaria0.828.947.662.5327.5%
Poland16624.810756.1-30.3%
Belgium12362.253.754.9-23.6%
China324241N/A42.8-49.1%
Germany21.923.260.09.6-24.0%
Austria31.1N/AN/AN/A0%
OthersN/AN/A58.2N/A0%
Total667439650645-1.1%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Romania in 2022:

  1. Saudi Arabia (86.8 tons)
  2. Turkey (72.0 tons)
  3. Belgium (25.1 tons)
  4. Poland (24.3 tons)
  5. South Korea (24.0 tons)
  6. Bulgaria (23.9 tons)
  7. China (22.0 tons)
  8. Germany (3.2 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Romania

In 2022, after two years of decline, there was significant growth in overseas shipments of acids; saturated acyclic monocarboxylic acids; vinyl acetates, when their volume increased by 72% to 1.5 tons. In general, exports, however, faced a dramatic setback.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates skyrocketed to $3.7K in 2022. Over the period under review, exports, however, recorded a precipitous descent.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria14.84.60.93.7-37.0%
Moldova23.0N/A1.9N/A-71.3%
OthersN/AN/AN/AN/A0%
Total37.74.62.83.7-53.9%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate from Romania in 2022:

  1. Bulgaria (1.5 tons)

Source: IndexBox Market Intelligence Platform

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