Romania - Nitric Acid And Sulphonitric Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Nitric and Sulphonitric Acids in Romania - 2023
Contents:
- Price for Nitric and Sulphonitric Acids in Romania (CIF) - 2023
- Price for Nitric and Sulphonitric Acids in Romania (FOB) - 2022
- Imports of Nitric and Sulphonitric Acids in Romania
- Exports of Nitric and Sulphonitric Acids in Romania
Price for Nitric and Sulphonitric Acids in Romania (CIF) - 2023
The average nitric and sulphonitric acids import price stood at $54.9 per ton in July 2023, falling by -89.7% against the previous month. Overall, the import price showed a abrupt curtailment. The growth pace was the most rapid in January 2023 when the average import price increased by 23% month-to-month. As a result, import price attained the peak level of $765 per ton. From February 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($688 per ton), while the price for Italy ($6.4 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Hungary (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nitric and Sulphonitric Acids in Romania (FOB) - 2022
The average nitric and sulphonitric acids export price stood at $991 per ton in 2021, with an increase of 3.4% against the previous year. Overall, the export price posted buoyant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 109%. The export price peaked at $1,456 per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Moldova.
From 2012 to 2021, the rate of growth in terms of prices for Moldova amounted to +18.1% per year.
Imports of Nitric and Sulphonitric Acids in Romania
After three years of growth, overseas purchases of nitric acid and sulphonitric acids decreased by -0.9% to 2.7K tons in 2022. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 23%.
In value terms, nitric and sulphonitric acids imports dropped to $1.1M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of $1.3M, and then fell in the following year.
| Import of Nitric and Sulphonitric Acids in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Slovakia | 309 | 228 | 373 | 9.9% | |
| Bulgaria | 197 | 239 | 316 | 26.7% | |
| Hungary | 22.4 | 186 | 201 | 199.6% | |
| Italy | 93.1 | 105 | 131 | 18.6% | |
| Netherlands | 27.9 | 48.8 | 101 | 90.3% | |
| Germany | 94.8 | 97.8 | 71.9 | -12.9% | |
| Others | 31.9 | 52.0 | 82.0 | 60.3% | |
| Total | 775 | 955 | 1,275 | 28.3% | |
Top Suppliers of Nitric and Sulphonitric Acids to Romania in 2022:
- Bulgaria (1089.2 tons)
- Slovakia (898.2 tons)
- Hungary (331.0 tons)
- Netherlands (173.7 tons)
- Italy (152.4 tons)
- Germany (63.5 tons)
Exports of Nitric and Sulphonitric Acids in Romania
In 2022, the amount of nitric acid and sulphonitric acids exported from Romania fell rapidly to 8.1 tons, with a decrease of -28.6% on 2021 figures. Overall, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 134%. As a result, the exports attained the peak of 11 tons, and then shrank significantly in the following year.
In value terms, nitric and sulphonitric acids exports declined notably to $7.9K in 2022. In general, exports, however, continue to indicate a perceptible increase. The growth pace was the most rapid in 2021 when exports increased by 142% against the previous year. As a result, the exports attained the peak of $11K, and then contracted significantly in the following year.
| Export of Nitric and Sulphonitric Acids in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Moldova | 7.1 | 4.7 | 11.1 | 25.0% | |
| Others | N/A | N/A | 0.1 | 0% | |
| Total | 7.1 | 4.7 | 11.2 | 25.6% | |
Top Export Markets for Nitric and Sulphonitric Acids from Romania in 2022:
- Moldova (11.2 tons)
This report provides an in-depth analysis of the market for nitric and sulphonitric acids 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:
- Prodcom 20151050 - Nitric acid, sulphonitric acids
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Romania.
763
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
419
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Romania.
763
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
889
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
1414
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
889
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
1414
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
