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Romania - Iron Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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Romania: Overview of the Market for Iron Ores And Concentrates 2021

Market Size for Iron Ores And Concentrates in Romania

After four years of growth, the Romanian iron ore and concentrate market decreased by -X% to $X in 2020. Over the period under review, consumption recorded a perceptible decline. The pace of growth was the most pronounced in 2017 when the market value increased by X% against the previous year. Iron ore and concentrate consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Production of Iron Ores And Concentrates in Romania

In value terms, iron ore and concentrate production surged to $X in 2020 estimated in export prices. Over the period under review, production, however, saw a pronounced downturn. Iron ore and concentrate production peaked at $X in 2008; however, from 2009 to 2020, production failed to regain the momentum.

Exports of Iron Ores And Concentrates

Exports from Romania

In 2020, approx. X tonnes of iron ores and concentrates were exported from Romania; growing by X% on the previous year. Over the period under review, exports posted a resilient expansion. The pace of growth appeared the most rapid in 2011 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at X tonnes in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, iron ore and concentrate exports expanded significantly to $X in 2020. Overall, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

China (X tonnes) was the main destination for iron ore and concentrate exports from Romania, with a X% share of total exports. Moreover, iron ore and concentrate exports to China exceeded the volume sent to the second major destination, Canada (X tonnes), eightfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the Netherlands (+X% per year).

In value terms, China ($X) remains the key foreign market for iron ore and concentrate exports from Romania, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Canada (X% per year).

Export Prices by Country

In 2020, the average iron ore and concentrate export price amounted to $X per tonne, approximately mirroring the previous year. In general, the export price continues to indicate a slight reduction. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Canada ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron Ores And Concentrates

Imports into Romania

In 2020, after three years of growth, there was significant decline in overseas purchases of iron ores and concentrates, when their volume decreased by -X% to X tonnes. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, iron ore and concentrate imports contracted rapidly to $X in 2020. In general, imports showed a perceptible downturn. The pace of growth appeared the most rapid in 2019 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tonnes), Ukraine (X tonnes) and Canada (X tonnes) were the main suppliers of iron ore and concentrate imports to Romania, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in Turkey, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron ore and concentrate suppliers to Romania were Turkey ($X), Ukraine ($X) and Canada ($X), with a combined X% share of total imports.

In terms of the main suppliers, Turkey saw 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

In 2020, the average iron ore and concentrate import price amounted to $X per tonne, picking up by X% against the previous year. In general, the import price showed noticeable growth. The pace of growth was the most pronounced in 2011 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Russia ($X per tonne), while the price for Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron ores and concentrates in the world?
+
China (1,493M tonnes) remains the largest iron ore and concentrate consuming country worldwide, comprising approx. 61% of total volume. Moreover, iron ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, India (178M tonnes), eightfold. The third position in this ranking was occupied by Brazil (106M tonnes), with a 4.4% share.
What are the largest producers of iron ores and concentrates in the world?
+
The country with the largest volume of iron ore and concentrate production was Australia (900M tonnes), accounting for 37% of total volume. Moreover, iron ore and concentrate production in Australia exceeded the figures recorded by the second-largest producer, Brazil (400M tonnes), twofold. China (340M tonnes) ranked third in terms of total production with a 14% share.
What are the leading suppliers of iron ores and concentrates to Romania?
+
In value terms, the largest iron ore and concentrate suppliers to Romania were Turkey ($90M), Ukraine ($82M) and Canada ($35M), with a combined 85% share of total imports.
What are the leading importers of iron ores and concentrates from Romania?
+
In value terms, China ($21M) remains the key foreign market for iron ore and concentrate exports from Romania, comprising 85% of total exports. The second position in the ranking was occupied by the Netherlands ($2.6M), with a 11% share of total exports.
What is the average export price for iron ores and concentrates in Romania?
+
The average iron ore and concentrate export price stood at $74 per tonne in 2020, almost unchanged from the previous year.
What is the average import price for iron ores and concentrates in Romania?
+
The average iron ore and concentrate import price stood at $109 per tonne in 2020, surging by 21% against the previous year.

Product coverage:

This report provides an in-depth analysis of the market for iron ore and concentrate in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Romania

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Romania
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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