Romania: Market for Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) 2024

Market Size for Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) in Romania

The Romanian benzol, toluol and xylol market shrank to $X in 2022, which is down by X% against the previous year. In general, consumption saw a deep contraction. Benzol, toluol and xylol consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) in Romania

In value terms, benzol, toluol and xylol production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a deep slump. The growth pace was the most rapid in 2017 with an increase of X%. Benzol, toluol and xylol production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes)

Exports from Romania

Benzol, toluol and xylol exports from Romania skyrocketed to X kg in 2022, growing by X% on the previous year's figure. Over the period under review, exports, however, showed a deep downturn. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, benzol, toluol and xylol exports soared to $X in 2022. In general, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X kg) was the main destination for benzol, toluol and xylol exports from Romania, with a X% share of total exports. Moreover, benzol, toluol and xylol exports to Germany exceeded the volume sent to the second major destination, Moldova (X kg), tenfold.

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

In value terms, Germany ($X) emerged as the key foreign market for benzol (benzene), toluol (toluene) and xylol (xylenes) exports from Romania, comprising X% of total exports. The second position in the ranking was held by Moldova ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (X% per year) and France (X% per year).

Export Prices by Country

The average benzol, toluol and xylol export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then declined notably in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Moldova ($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 Germany (X%).

Imports of Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes)

Imports into Romania

In 2022, purchases abroad of benzol (benzene), toluol (toluene) and xylol (xylenes) decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, benzol, toluol and xylol imports surged to $X in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Slovakia (X tons), the Netherlands (X tons) and the Czech Republic (X tons) were the main suppliers of benzol, toluol and xylol imports to Romania, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest benzol, toluol and xylol suppliers to Romania were the Netherlands ($X), Slovakia ($X) and the Czech Republic ($X), with a combined X% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average benzol, toluol and xylol import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, recorded a mild shrinkage. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 the Netherlands ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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