Price for Iron Oxides and Hydroxides in Romania - 2023
Contents:
- Price for Iron Oxides and Hydroxides in Romania (CIF) - 2022
- Price for Iron Oxides and Hydroxides in Romania (FOB) - 2022
- Imports of Iron Oxides and Hydroxides in Romania
- Exports of Iron Oxides and Hydroxides in Romania
Price for Iron Oxides and Hydroxides in Romania (CIF) - 2022
The average iron oxides and hydroxides import price stood at $2,073 per ton in 2022, growing by 37% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron oxides and hydroxides import price increased by +86.2% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Italy ($6,039 per ton), while the price for Iran ($458 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron Oxides and Hydroxides in Romania (FOB) - 2022
In 2022, the average iron oxides and hydroxides export price amounted to $1,036 per ton, surging by 35% against the previous year. In general, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 410%. The export price peaked at $2,366 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($3,680 per ton), while the average price for exports to Serbia ($368 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 Italy (+62.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron Oxides and Hydroxides in Romania
In 2022, approx. 2.7K tons of iron oxides and hydroxideses were imported into Romania; with an increase of 24% on 2021. The total import volume increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, iron oxides and hydroxides imports skyrocketed to $5.6M in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron Oxides and Hydroxides in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,111 | 1,164 | 1,468 | 2,247 | 26.5% |
| China | 315 | 401 | 651 | 1,163 | 54.6% |
| Austria | 30.9 | 22.9 | 15.6 | 846 | 201.4% |
| Italy | 136 | 159 | 216 | 375 | 40.2% |
| Spain | 306 | 292 | 325 | 271 | -4.0% |
| Czech Republic | 95.6 | 36.6 | 60.0 | 128 | 10.2% |
| Denmark | 366 | 337 | 142 | 87.7 | -37.9% |
| Iran | 33.9 | 36.4 | 19.5 | 31.7 | -2.2% |
| Others | 300 | 303 | 403 | 460 | 15.3% |
| Total | 2,694 | 2,752 | 3,301 | 5,610 | 27.7% |
Top Suppliers of Iron Oxides and Hydroxides to Romania in 2022:
- Germany (1063.2 tons)
- China (647.7 tons)
- Austria (353.5 tons)
- Spain (197.3 tons)
- Czech Republic (92.6 tons)
- Iran (69.2 tons)
- Italy (62.0 tons)
- Denmark (50.9 tons)
Exports of Iron Oxides and Hydroxides in Romania
In 2022, exports of iron oxides and hydroxideses from Romania skyrocketed to 597 tons, increasing by 18% against 2021 figures. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 32%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, iron oxides and hydroxides exports surged to $619K in 2022. Over the period under review, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Iron Oxides and Hydroxides in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 37.1 | 47.4 | 70.7 | 149 | 59.0% |
| Germany | 12.7 | 1.6 | 1.2 | 121 | 112.0% |
| Bulgaria | 134 | 73.7 | 57.6 | 79.8 | -15.9% |
| Greece | N/A | N/A | 22.7 | 74.5 | 228.2% |
| Turkey | 17.8 | N/A | N/A | 54.5 | 45.2% |
| Moldova | 134 | 95.7 | 89.0 | 52.0 | -27.1% |
| Italy | N/A | 13.2 | 27.1 | 40.6 | 75.4% |
| Others | 50.2 | 60.6 | 119 | 47.5 | -1.8% |
| Total | 386 | 292 | 387 | 619 | 17.0% |
Top Export Markets for Iron Oxides and Hydroxides from Romania in 2022:
- Serbia (403.8 tons)
- Germany (43.0 tons)
- Greece (39.7 tons)
- Bulgaria (33.2 tons)
- Moldova (30.1 tons)
- Turkey (14.8 tons)
- Italy (12.2 tons)
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