Price for Mineral Substances Not Elsewhere Specified or Included in Romania - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Romania (CIF) - 2023
- Price for Mineral Substances Not Elsewhere Specified or Included in Romania (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Romania
- Exports of Mineral Substances Not Elsewhere Specified or Included in Romania
Price for Mineral Substances Not Elsewhere Specified or Included in Romania (CIF) - 2023
The average import price for mineral substances not elsewhere specified or includeds stood at $181 per ton in October 2023, dropping by -75.8% against the previous month. In general, the import price faced a abrupt decrease. The most prominent rate of growth was recorded in August 2023 an increase of 304% month-to-month. Over the period under review, average import prices attained the maximum at $1,193 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From October 2022 to October 2023, the rate of growth in terms of prices for the Czech Republic amounted to +1.6% per month.
Price for Mineral Substances Not Elsewhere Specified or Included in Romania (FOB) - 2022
In 2022, the average export price for mineral substances not elsewhere specified or includeds amounted to $116 per ton, surging by 36% against the previous year. In general, the export price enjoyed modest growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($109 per ton) and Bulgaria ($108 per ton), while the average price for exports to Serbia ($81 per ton) and Australia ($93 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Mineral Substances Not Elsewhere Specified or Included in Romania
For the third consecutive year, Romania recorded decline in overseas purchases of mineral substances not elsewhere specified or includeds, which decreased by -21.5% to 18K tons in 2022. Over the period under review, imports recorded a abrupt contraction. The smallest decline of -1% was in 2021.
In value terms, imports of mineral substances not elsewhere specified or includeds contracted to $6.2M in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. As a result, imports reached the peak of $7.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Mineral Substances Not Elsewhere Specified or Included in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,832 | 2,449 | 2,437 | 3,407 | 6.4% |
| Austria | 57.2 | 1,616 | 1,197 | 514 | 107.9% |
| Russia | 1,587 | 1,945 | 1,823 | 484 | -32.7% |
| Poland | 9.8 | 143 | 134 | 449 | 257.8% |
| Hungary | 1,044 | 583 | 439 | 317 | -32.8% |
| Italy | 139 | 95.4 | 149 | 241 | 20.1% |
| Georgia | 41.0 | 40.6 | 54.6 | 39.1 | -1.6% |
| Turkey | 60.8 | 68.2 | 51.5 | 34.7 | -17.1% |
| Others | 471 | 687 | 662 | 679 | 13.0% |
| Total | 6,242 | 7,628 | 6,947 | 6,165 | -0.4% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Romania in 2022:
- Germany (7.2K tons)
- Russia (4.6K tons)
- Hungary (1.8K tons)
- Austria (1.1K tons)
- Italy (0.7K tons)
- Georgia (0.4K tons)
- Poland (0.4K tons)
- Turkey (0.3K tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Romania
For the fourth year in a row, Romania recorded growth in shipments abroad of mineral substances not elsewhere specified or includeds, which increased by 11% to 11K tons in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 219%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of mineral substances not elsewhere specified or includeds surged to $1.2M in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 169% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Mineral Substances Not Elsewhere Specified or Included in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 89.0 | 168 | 673 | 968 | 121.6% |
| United States | N/A | N/A | N/A | 70.4 | 0% |
| Australia | N/A | N/A | N/A | 30.1 | 0% |
| Serbia | 87.3 | 58.6 | 32.3 | 27.7 | -31.8% |
| Others | 62.3 | 79.2 | 118 | 142 | 31.6% |
| Total | 238 | 306 | 823 | 1,239 | 73.3% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Romania in 2022:
- Bulgaria (9.0K tons)
- United States (0.6K tons)
- Australia (0.3K tons)
- Serbia (0.3K tons)
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