Romania - Sodium Carbonate - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Romania - Sodium Carbonate - Market Analysis, Forecast, Size, Trends And Insights

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Sodium Carbonate Price in Romania - 2023

Contents:

  1. Sodium Carbonate Price in Romania (CIF) - 2023
  2. Sodium Carbonate Price in Romania (FOB) - 2023
  3. Sodium Carbonate Imports in Romania
  4. Sodium Carbonate Exports in Romania

Sodium Carbonate Price in Romania (CIF) - 2023

The average sodium carbonate import price stood at $343 per ton in July 2023, dropping by -15.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.0%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 12% m-o-m. Over the period under review, average import prices attained the peak figure at $426 per ton in February 2023; however, from March 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Bosnia and Herzegovina ($472 per ton), while the price for Turkey ($310 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 Belgium (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Sodium Carbonate Price in Romania (FOB) - 2023

In July 2023, the average sodium carbonate export price amounted to $448 per ton, shrinking by -7.8% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 8.6% m-o-m. As a result, the export price reached the peak level of $514 per ton. From February 2023 to July 2023, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In July 2023, the country with the highest price was Ukraine ($553 per ton), while the average price for exports to Hungary ($419 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Carbonate Imports in Romania

In 2022, the amount of sodium carbonate imported into Romania totaled 114K tons, leveling off at the year before. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +26.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 72%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, sodium carbonate imports soared to $34M in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 70%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Sodium Carbonate in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey0.17.810.919.4478.9%
Bulgaria3.22.93.67.130.4%
Belgium7.28.87.84.8-12.6%
Bosnia and Herzegovina1.62.21.92.414.5%
Others1.10.90.40.2-43.3%
Total13.322.624.533.936.6%

Top Suppliers of Sodium Carbonate to Romania in 2022:

  1. Turkey (65.3K tons)
  2. Bulgaria (24.4K tons)
  3. Belgium (17.6K tons)
  4. Bosnia and Herzegovina (7.0K tons)

Sodium Carbonate Exports in Romania

In 2022, overseas shipments of sodium carbonate increased by 1,630% to 4K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a dramatic descent.

In value terms, sodium carbonate exports surged to $1.8M in 2022. Over the period under review, exports, however, showed a dramatic decline.

Export of Sodium Carbonate in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine1.9N/AN/A979701.7%
Moldova212N/A1.666846.6%
Bulgaria1.1N/A0.2188455.0%
Nigeria1,486N/AN/AN/A0%
Armenia282N/AN/AN/A0%
Jordan297N/AN/AN/A0%
Qatar238N/AN/AN/A0%
Oman395N/AN/AN/A0%
Egypt158N/AN/AN/A0%
United Arab Emirates1,6433.3N/AN/A-99.8%
Myanmar485N/AN/AN/A0%
Bangladesh2,963N/AN/AN/A0%
Saudi Arabia248N/AN/AN/A0%
Others92321190.014.6-74.9%
Total9,33221491.81,850-41.7%

Top Export Markets for Sodium Carbonate from Romania in 2022:

  1. Ukraine (1840.3 tons)
  2. Moldova (1641.1 tons)
  3. Bulgaria (484.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sodium carbonate 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 20134310 - Disodium carbonate

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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