Report Update: May 1, 2024

Romania - Salicylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Salicylic Acid Price in Romania - 2023

Salicylic Acid Price in Romania (CIF) - 2022

The average salicylic acid import price stood at $6,570 per ton in 2021, almost unchanged from the previous year. Overall, the import price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of 102%. Over the period under review, average import prices reached the peak figure at $6,645 per ton in 2020, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($16,926 per ton), while the price for France ($4,658 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Salicylic Acid Price in Romania (FOB) - 2022

In 2021, the average salicylic acid export price amounted to $7,706 per ton, which is down by -4.4% against the previous year. Overall, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 78% against the previous year. The export price peaked at $8,057 per ton in 2020, and then shrank modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($16,247 per ton), while the average price for exports to the UK ($4,002 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

Salicylic Acid Imports in Romania

In 2022, approx. 139 tons of salicylic acid and its salts were imported into Romania; rising by 34% compared with 2021. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 133% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, salicylic acid imports surged to $1M in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 131% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Import of Salicylic Acid in Romania (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Netherlands	49.6	153	336	160.3%
Poland	57.2	45.6	217	94.8%
Hungary	21.2	28.5	57.0	64.0%
China	1.6	N/A	48.9	452.8%
Germany	33.9	54.1	19.5	-24.2%
France	83.8	0.5	0.2	-95.1%
Others	10.4	15.8	6.6	-20.3%
Total	258	297	685	62.9%

Top Suppliers of Salicylic Acid to Romania in 2022:

France (undefined tons)
Netherlands (63.1 tons)
Poland (12.8 tons)
China (9.0 tons)
Hungary (5.3 tons)
Germany (2.7 tons)

Salicylic Acid Exports in Romania

For the third year in a row, Romania recorded decline in shipments abroad of salicylic acid and its salts, which decreased by -51.5% to 402 kg in 2022. In general, exports continue to indicate a dramatic curtailment. The smallest decline of -26% was in 2021.

In value terms, salicylic acid exports contracted markedly to $1.9K in 2022. Overall, exports continue to indicate a dramatic shrinkage. The smallest decline of -29.3% was in 2021.

Export of Salicylic Acid in Romania (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Bulgaria	1.4	2.4	2.8	41.4%
Greece	1.2	3.0	1.5	11.8%
United Kingdom	0.1	N/A	1.3	260.6%
Moldova	N/A	1.0	0.7	-30.0%
Serbia	28.0	1.7	N/A	-93.9%
Turkey	19.5	N/A	N/A	0%
Others	3.0	0.9	0.1	-81.7%
Total	53.1	9.0	6.4	-65.3%

Top Export Markets for Salicylic Acid from Romania in 2022:

Bulgaria (460.0 kg)
United Kingdom (315.0 kg)
Greece (208.0 kg)
Moldova (50.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the salicylic acid market 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 21101030 - Salicylic acid and its salts

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023