Romania: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Romania

For the fourth year in a row, the Romanian cyclanes, cyclenes and cycloterpenes market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption, however, saw a relatively flat trend pattern. Cyclanes, cyclenes and cycloterpenes consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Romania

In value terms, cyclanes, cyclenes and cycloterpenes production declined to $X in 2022 estimated in export price. Over the period under review, production recorded a deep contraction. The growth pace was the most rapid in 2021 when the production volume increased by less than X% against the previous year. Cyclanes, cyclenes and cycloterpenes production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports from Romania

In 2022, approx. X tons of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) were exported from Romania; waning by X% against the previous year. In general, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes exports fell significantly to $X in 2022. Over the period under review, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Italy (X tons), Hungary (X tons) and Poland (X kg) were the main destinations of cyclanes, cyclenes and cycloterpenes exports from Romania, with a combined X% share of total exports. Belarus, Spain and Germany lagged somewhat behind, together comprising a further X%.

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

In value terms, Hungary ($X), Italy ($X) and Spain ($X) were the largest markets for cyclanes, cyclenes and cycloterpenes exported from Romania worldwide, together accounting for X% of total exports. Poland, Belarus and Germany lagged somewhat behind, together comprising a further X%.

Belarus, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cyclanes, cyclenes and cycloterpenes export price stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price showed a prominent expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Belarus ($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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports into Romania

In 2022, the amount of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) imported into Romania shrank to X tons, declining by X% compared with 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes imports rose slightly to $X in 2022. Overall, total imports indicated a strong 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, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

France (X tons), Germany (X tons) and South Korea (X tons) were the main suppliers of cyclanes, cyclenes and cycloterpenes imports to Romania, with a combined X% share of total imports. China, Italy and Spain lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X), France ($X) and South Korea ($X) constituted the largest cyclanes, cyclenes and cycloterpenes suppliers to Romania, with a combined X% share of total imports. China, Italy and Spain lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Spain, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average cyclanes, cyclenes and cycloterpenes import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 Spain ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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