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Romania - Iron Oxides And Hydroxides - Market Analysis, Forecast, Size, Trends and Insights
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Romania: Iron Oxide Pigments Market Overview 2021

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Iron Oxide Pigments Market Size in Romania

The Romanian iron oxide pigments market dropped to $X in 2020, declining 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 continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Iron Oxide Pigments Exports

Exports from Romania

In 2020, the amount of iron oxides and hydroxides exported from Romania soared to X tonnes, jumping by X% on the previous year. In general, exports showed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. From 2016 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, iron oxide pigments exports skyrocketed to $X in 2020. Over the period under review, exports continue to indicate a temperate increase. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. Exports peaked at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

Serbia (X tonnes) was the main destination for iron oxide pigments exports from Romania, accounting for a X% share of total exports. Moreover, iron oxide pigments exports to Serbia exceeded the volume sent to the second major destination, Moldova (X tonnes), threefold. The third position in this ranking was occupied by Bulgaria (X tonnes), with a X% share.

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

In value terms, the largest markets for iron oxide pigments exported from Romania were Moldova ($X), Bulgaria ($X) and Serbia ($X), together comprising X% of total exports. These countries were followed by Ukraine and Italy, which together accounted for a further X terms of the main countries of destination, Italy recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average iron oxide pigments export price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2015 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Ukraine ($X per tonne), while the average price for exports to Serbia ($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 Ukraine, while the prices for the other major destinations experienced more modest paces of growth.

Iron Oxide Pigments Imports

Imports into Romania

In 2020, supplies from abroad of iron oxides and hydroxides increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, iron oxide pigments imports totaled $X in 2020. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest iron oxide pigments supplier to Romania, with a X% share of total imports. Moreover, iron oxide pigments imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tonnes), threefold. Spain (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Spain (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of iron oxide pigments to Romania, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Spain (+X% per year).

Import Prices by Country

The average iron oxide pigments import price stood at $X per tonne in 2020, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. The import price peaked at $X per tonne in 2011; afterwards, it flattened through to 2020.

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

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron oxides and hydroxides in the world?
+
The countries with the highest volumes of iron oxide pigments consumption in 2020 were China (409K tonnes), the U.S. (230K tonnes) and India (158K tonnes), together comprising 42% of global consumption. Germany, Japan, Russia, Brazil, Taiwan (Chinese), France, Italy, South Korea, Canada and Poland lagged somewhat behind, together comprising a further 33%.
What are the largest producers of iron oxides and hydroxides in the world?
+
China (566K tonnes) remains the largest iron oxide pigments producing country worldwide, accounting for 31% of total volume. Moreover, iron oxide pigments production in China exceeded the figures recorded by the second-largest producer, Germany (252K tonnes), twofold. The third position in this ranking was occupied by India (150K tonnes), with a 8.1% share.
What are the leading suppliers of iron oxides and hydroxides to Romania?
+
In value terms, Germany ($1.2M) constituted the largest supplier of iron oxide pigments to Romania, comprising 41% of total imports. The second position in the ranking was occupied by China ($398K), with a 14% share of total imports. It was followed by Spain, with a 13% share.
What are the leading importers of iron oxides and hydroxides from Romania?
+
In value terms, Moldova ($96K), Bulgaria ($75K) and Serbia ($47K) appeared to be the largest markets for iron oxide pigments exported from Romania worldwide, with a combined 73% share of total exports. Ukraine and Italy lagged somewhat behind, together comprising a further 21%.
What is the average export price for iron oxides and hydroxides in Romania?
+
In 2020, the average iron oxide pigments export price amounted to $736 per tonne, reducing by -6.5% against the previous year.
What is the average import price for iron oxides and hydroxides in Romania?
+
The average iron oxide pigments import price stood at $1,254 per tonne in 2020, rising by 2.2% against the previous year.

Product coverage:
• Prodcom 20121910 - Iron oxides and hydroxides, earth colours containing .70 % or more by weight of combined iron evaluated as Fe2O3

This report provides an in-depth analysis of the iron oxide pigments market 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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