Romania - Toluene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingToluene Price in Romania - 2023
Contents:
- Toluene Price in Romania (FOB) - 2022
- Toluene Price in Romania (CIF) - 2023
- Toluene Exports in Romania
- Toluene Imports in Romania
Toluene Price in Romania (FOB) - 2022
The average toluene export price stood at $1,164 per ton in 2022, picking up by 61% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $1,200 per ton in 2012; afterwards, it flattened through to 2022.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($1,176 per ton), while the average price for exports to Hungary totaled $721 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+5.2%).
Toluene Price in Romania (CIF) - 2023
The average toluene import price stood at $1,217 per ton in May 2023, remaining relatively unchanged against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in June 2022 an increase of 34% month-to-month. The import price peaked at $1,631 per ton in July 2022; however, from August 2022 to May 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was Slovakia ($1,219 per ton), while the price for the Czech Republic stood at $1,204 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Toluene Exports in Romania
Toluene exports from Romania dropped markedly to 4.3K tons in 2022, waning by -51.5% on the previous year's figure. Over the period under review, exports faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year.
In value terms, toluene exports dropped significantly to $5M in 2022. In general, exports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 80% against the previous year.
Export of Toluene in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 4.2 | 3.5 | 4.2 | 4.9 | 5.3% |
Hungary | 6.1 | 0.1 | 2.2 | 0.1 | -74.6% |
Lebanon | 0.7 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 11.0 | 3.6 | 6.4 | 5.0 | -23.1% |
Top Export Markets for Toluene from Romania in 2022:
- Turkey (4.2K tons)
- Hungary (0.1K tons)
Toluene Imports in Romania
After three years of growth, overseas purchases of toluene decreased by -33.9% to 4.9K tons in 2022. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 27%.
In value terms, toluene imports expanded slightly to $6.2M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.1% 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 +72.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
Import of Toluene in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Serbia | 2,313 | 2,121 | 3,760 | 2,151 | -2.4% |
Slovakia | 792 | 847 | 1,170 | 1,762 | 30.5% |
Czech Republic | 994 | 539 | 825 | 985 | -0.3% |
Hungary | 0.1 | N/A | N/A | 504 | 1614.5% |
Poland | 100 | 19.6 | 25.1 | 335 | 49.6% |
Netherlands | 144 | 38.6 | 120 | 317 | 30.1% |
Others | 64.8 | 38.3 | 71.2 | 155 | 33.7% |
Total | 4,410 | 3,603 | 5,971 | 6,210 | 12.1% |
Top Suppliers of Toluene to Romania in 2022:
- Serbia (1770.1 tons)
- Slovakia (1415.4 tons)
- Czech Republic (885.3 tons)
- Hungary (400.3 tons)
- Poland (211.6 tons)
- Netherlands (195.2 tons)
This report provides an in-depth analysis of the toluene 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 20141225 - Toluene
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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