Romania: Market for Compounds With Other Nitrogen Function (Excluding Isocyanates) 2024

Market Size for Compounds With Other Nitrogen Function (Excluding Isocyanates) in Romania

The Romanian market for compounds with other nitrogen function (excluding isocyanates) contracted to $X in 2022, dropping by X% against the previous year. Over the period under review, the total consumption indicated temperate 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, consumption decreased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Compounds With Other Nitrogen Function (Excluding Isocyanates) in Romania

In value terms, compounds with other nitrogen function production shrank modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated resilient 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

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Exports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Exports from Romania

Compounds with other nitrogen function exports from Romania dropped dramatically to X kg in 2022, reducing by X% against 2021. Over the period under review, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, compounds with other nitrogen function exports fell significantly to $X in 2022. Overall, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for compounds with other nitrogen function exports from Romania, with a X% share of total exports. It was followed by Germany (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands was relatively modest.

Export Prices by Country

The average export price for compounds with other nitrogen function (excluding isocyanates) stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price saw a noticeable decline. The growth pace was the most rapid in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then fell remarkably in the following year.

Average prices varied noticeably for the major external 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 the Netherlands stood at $X per ton.

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

Imports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Imports into Romania

In 2022, approx. X tons of compounds with other nitrogen function (excluding isocyanates) were imported into Romania; falling by X% compared with the year before. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, compounds with other nitrogen function imports contracted dramatically to $X in 2022. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of compounds with other nitrogen function to Romania, with a X% share of total imports. Moreover, compounds with other nitrogen function imports from Italy exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the largest compounds with other nitrogen function suppliers to Romania were Italy ($X), Germany ($X) and Greece ($X), with a combined X% share of total imports. Slovakia, Austria, France, Bulgaria and Poland lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The average import price for compounds with other nitrogen function (excluding isocyanates) stood at $X per ton in 2022, which is down by X% against the previous year. Overall, import price indicated a modest expansion 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, compounds with other nitrogen function import price decreased by X% against 2017 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2017; however, from 2018 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 Austria ($X per ton), while the price for Bulgaria ($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 Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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