Romania - Salt - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSalt Price in Romania - 2023
Contents:
- Salt Price in Romania (FOB) - 2023
- Salt Price in Romania (CIF) - 2022
- Salt Exports in Romania
- Salt Imports in Romania
Salt Price in Romania (FOB) - 2023
The average salt export price stood at $99.3 per ton in August 2023, declining by -16.9% against the previous month. Overall, export price indicated a perceptible expansion from August 2022 to August 2023: its price increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, salt export price increased by +30.8% against June 2023 indices. The growth pace was the most rapid in July 2023 an increase of 57% against the previous month. As a result, the export price attained the peak level of $120 per ton, and then fell rapidly in the following month.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Moldova ($178 per ton), while the average price for exports to Hungary ($66.0 per ton) was amongst the lowest.
From August 2022 to August 2023, 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 more modest paces of growth.
Salt Price in Romania (CIF) - 2022
The average salt import price stood at $139 per ton in 2022, which is down by -4.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 18% against the previous year. Over the period under review, average import prices hit record highs at $146 per ton in 2021, and then fell in the following year.
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 Greece ($604 per ton), while the price for Egypt ($39 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+23.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Salt Exports in Romania
In 2022, the amount of salt and pure sodium chloride exported from Romania soared to 797K tons, with an increase of 63% compared with the year before. Overall, exports continue to indicate a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, salt exports skyrocketed to $59M in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Salt in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 16.8 | 17.9 | 21.0 | 29.5 | 20.6% |
| Ukraine | N/A | 0.1 | N/A | 16.8 | 1196.1% |
| Slovakia | 1.6 | 1.2 | 2.9 | 6.7 | 61.2% |
| Moldova | 0.4 | 0.4 | 0.6 | 3.7 | 109.9% |
| Bulgaria | 1.4 | 1.2 | 1.4 | 1.2 | -5.0% |
| Others | 0.7 | 0.7 | 0.8 | 1.0 | 12.6% |
| Total | 20.9 | 21.4 | 26.7 | 58.9 | 41.3% |
Top Export Markets for Salt from Romania in 2022:
- Hungary (552.3K tons)
- Ukraine (115.8K tons)
- Slovakia (90.8K tons)
- Moldova (24.1K tons)
- Bulgaria (9.3K tons)
Salt Imports in Romania
In 2022, after two years of decline, there was significant growth in purchases abroad of salt and pure sodium chloride, when their volume increased by 38% to 178K tons. Over the period under review, imports, however, showed a deep slump.
In value terms, salt imports surged to $25M in 2022. In general, imports, however, continue to indicate a noticeable slump.
| Import of Salt in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3.3 | 3.3 | 4.0 | 11.3 | 50.7% |
| Austria | 4.7 | 4.1 | 5.0 | 4.9 | 1.4% |
| Greece | 8.0 | 8.1 | 3.1 | 3.0 | -27.9% |
| Egypt | 1.2 | 0.9 | N/A | 0.9 | -9.1% |
| Bosnia and Herzegovina | 0.3 | 0.3 | 0.4 | 0.5 | 18.6% |
| Ukraine | 3.2 | 2.1 | 2.0 | 0.2 | -60.3% |
| Tunisia | 0.6 | 0.5 | 0.3 | N/A | -29.3% |
| Others | 6.0 | 5.0 | 4.2 | 4.1 | -11.9% |
| Total | 27.3 | 24.5 | 18.8 | 24.8 | -3.2% |
Top Suppliers of Salt to Romania in 2022:
- Turkey (107.2K tons)
- Austria (29.1K tons)
- Egypt (22.4K tons)
- Greece (5.0K tons)
- Ukraine (3.8K tons)
- Bosnia and Herzegovina (3.8K tons)
This report provides an in-depth analysis of the salt 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 08931000 - Salt (including denatured salt but excluding salt suitable for human consumption) and pure sodium chloride, whether or not in aqueous solution or containing added anti-caking or free-flowing agents
- Prodcom 10843000 - Salt suitable for human consumption
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 salt market in Romania.
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This report provides an in-depth analysis of the global salt market.
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This report provides an in-depth analysis of the salt market in Romania.
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This report provides an in-depth analysis of the global salt market.
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In 2020, the global salt market experienced a decline, following a drop in output in the consumer industries. Despite this, a stable growth in the demand for salt is expected in the future from the chemical and food sectors; the increasing use of salt in alternative energy is also a factor.
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The global salt market revenue amounted to $27.4B in 2018, growing by 11% against the previous year. This figure reflects ...
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From 2007 to 2015, global salt exports exhibited a pronounced growth trend, with the exception of minor declines in 2012 and 2015. Exports amounted to X million USD in 2015. There was an annual increase of +X% throughout the analyzed period.
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In value terms, salts of oxometallic and peroxometallic acids imports totaled $X in 2016. Overall, it indicated a moderate increase from 2007 to 2016: the total imports value decreased at an averag...
750
In value terms, salts of inorganic acids and peroxoacids imports stood at $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average ...
1448
In value terms, salts of oxometallic and peroxometallic acids exports amounted to $X in 2016. Overall, it indicated a temperate expansion from 2007 to 2016: the total exports value decreased at an ...
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In value terms, salts of inorganic acids and peroxoacids exports totaled $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annu...
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In 2016, approx. X tons of salt were imported worldwide- remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- ...
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In 2016, approx. X tons of salt were imported worldwide- remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- ...
1878
In 2013, the average Mexico's export price for salt and pure sodium chloride stood at X USD per ton. Export prices varied considerably by country of destination. Belize (X USD/tonne), El Salvador (X USD/tonne) and Guatemala (X USD/
