Romania: Bismuth Market 2024

Bismuth Market Size in Romania

The Romanian bismuth market shrank rapidly to $X in 2022, which is down by X% against the previous year. Over the period under review, the total consumption indicated a temperate expansion 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, consumption increased by X% against 2017 indices. As a result, consumption reached the peak level of $X, and then reduced sharply in the following year.

Bismuth Production in Romania

In value terms, bismuth production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production showed a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Bismuth Exports

Exports from Romania

For the third consecutive year, Romania recorded growth in shipments abroad of bismuth, which increased by X% to X kg in 2022. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, bismuth exports soared to $X in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Switzerland (X kg) was the main destination for bismuth exports from Romania, with a X% share of total exports. Moreover, bismuth exports to Switzerland exceeded the volume sent to the second major destination, the UK (X kg), sevenfold.

From 2013 to 2022, the average annual growth rate of volume to Switzerland totaled X%.

In value terms, Switzerland ($X) remains the key foreign market for bismuth exports from Romania, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Switzerland stood at X%.

Export Prices by Country

The average bismuth export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Switzerland amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (X%), while the prices for the other major destinations experienced a decline.

Bismuth Imports

Imports into Romania

In 2022, approx. X tons of bismuth were imported into Romania; which is down by X% on the previous year's figure. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then shrank sharply in the following year.

In value terms, bismuth imports declined notably to $X in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then contracted significantly in the following year.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of bismuth to Romania, with a X% share of total imports. Moreover, bismuth imports from France exceeded the figures recorded by the second-largest supplier, Germany (X kg), more than tenfold. Italy (X kg) ranked third in terms of total imports with a X% share.

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

In value terms, France ($X) constituted the largest supplier of bismuth to Romania, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the UK (X% per year).

Import Prices by Country

The average bismuth import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, showed a noticeable curtailment. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 UK ($X per ton), while the price for Italy ($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 a decline.

Source: IndexBox Platform

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