Romania: Ammonia Market 2024

Ammonia Market Size in Romania

In 2022, the Romanian ammonia market decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. Overall, consumption, however, recorded a prominent expansion. As a result, consumption reached the peak level of $X, and then fell markedly in the following year.

Ammonia Production in Romania

In value terms, ammonia production shrank significantly to $X in 2022 estimated in export price. Overall, production, however, recorded buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, production attained the peak level of $X, and then shrank significantly in the following year.

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Ammonia Exports

Exports from Romania

In 2022, ammonia exports from Romania dropped notably to X tons, with a decrease of X% compared with the previous year's figure. Overall, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, ammonia exports dropped notably to $X in 2022. In general, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland (X tons) was the main destination for ammonia exports from Romania, accounting for a X% share of total exports. Moreover, ammonia exports to Poland exceeded the volume sent to the second major destination, Moldova (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (X% per year) and the Czech Republic (X% per year).

In value terms, Moldova ($X) emerged as the key foreign market for anhydrous ammonia exports from Romania, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Moldova amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The average ammonia export price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a deep contraction. The growth pace was the most rapid in 2021 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 the Czech Republic ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced a decline.

Ammonia Imports

Imports into Romania

In 2022, purchases abroad of anhydrous ammonia decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then declined rapidly in the following year.

In value terms, ammonia imports contracted significantly to $X in 2022. In general, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank sharply in the following year.

Imports by Country

In 2022, Bulgaria (X tons) constituted the largest ammonia supplier to Romania, accounting for a X% share of total imports. Moreover, ammonia imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Hungary (X tons), fourfold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Bulgaria stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Germany (X% per year).

In value terms, Bulgaria ($X) constituted the largest supplier of anhydrous ammonia to Romania, comprising X% of total imports. The second position in the ranking was taken by Hungary ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Bulgaria amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Belgium (X% per year).

Import Prices by Country

The average ammonia import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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