Romania: Market for Benzoyl Peroxide And Benzoyl Chloride 2024

Market Size for Benzoyl Peroxide And Benzoyl Chloride in Romania

In 2022, the Romanian benzoyl peroxide and chloride market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption posted a resilient increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports from Romania

In 2022, overseas shipments of benzoyl peroxide and benzoyl chloride were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, benzoyl peroxide and chloride exports surged to $X in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Bulgaria (X tons) was the main destination for benzoyl peroxide and chloride exports from Romania, accounting for a X% share of total exports. Moreover, benzoyl peroxide and chloride exports to Bulgaria exceeded the volume sent to the second major destination, Austria (X kg), ninefold. Germany (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Germany (X% per year).

In value terms, Bulgaria ($X) emerged as the key foreign market for benzoyl peroxide and benzoyl chloride exports from Romania, comprising X% of total exports. The second position in the ranking was taken by Austria ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Bulgaria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Germany (X% per year).

Export Prices by Country

The average benzoyl peroxide and chloride export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were France ($X per ton) and Germany ($X per ton), while the average price for exports to Bulgaria ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Benzoyl Peroxide And Benzoyl Chloride

Imports into Romania

In 2022, supplies from abroad of benzoyl peroxide and benzoyl chloride increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports posted a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, benzoyl peroxide and chloride imports surged to $X in 2022. Overall, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Italy (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of benzoyl peroxide and chloride imports to Romania, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the UK ($X) constituted the largest benzoyl peroxide and chloride suppliers to Romania, together comprising X% of total imports. Poland and Austria lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, recorded 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 benzoyl peroxide and chloride import price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price 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, benzoyl peroxide and chloride import price increased by X% against 2019 indices. The growth pace was the most rapid in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Germany ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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