Romania: Ferro-Manganese Market 2024

Ferro-Manganese Market Size in Romania

The Romanian ferro-manganese market fell markedly to $X in 2023, reducing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a deep downturn. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market failed to regain momentum.

Ferro-Manganese Exports

Exports from Romania

In 2023, overseas shipments of ferro-manganese decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a pronounced decrease. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, ferro-manganese exports soared to $X in 2023. Overall, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Slovakia (X tons) was the main destination for ferro-manganese exports from Romania, with a X% share of total exports. Moreover, ferro-manganese exports to Slovakia exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold. The third position in this ranking was taken by Bulgaria (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Bulgaria (X% per year).

In value terms, Slovakia ($X) emerged as the key foreign market for ferro-manganese exports from Romania, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Bulgaria (X% per year).

Export Prices by Country

In 2023, the average ferro-manganese export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price recorded a significant expansion. The growth pace was the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2023, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (X%), while the prices for the other major destinations experienced a decline.

Ferro-Manganese Imports

Imports into Romania

In 2023, approx. X tons of ferro-manganese were imported into Romania; waning by X% against 2022. Over the period under review, imports saw a deep setback. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2023, the growth of imports remained at a lower figure.

In value terms, ferro-manganese imports declined significantly to $X in 2023. In general, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Italy (X tons), the Netherlands (X tons) and Poland (X tons) were the main suppliers of ferro-manganese imports to Romania, together accounting for X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ferro-manganese suppliers to Romania were Italy ($X), the Netherlands ($X) and Poland ($X), with a combined X% share of total imports.

Among the main suppliers, Italy, 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 2023, the average ferro-manganese import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2023, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform