Romania: Market for Oils And Other Products Of The Distillation Of High Temperature Coal Tar 2024

Market Size for Oils And Other Products Of The Distillation Of High Temperature Coal Tar in Romania

In 2023, the Romanian oils from coal tar market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. Overall, consumption, however, showed significant growth. Over the period under review, the market attained the peak level at $X in 2022, and then declined in the following year.

Production of Oils And Other Products Of The Distillation Of High Temperature Coal Tar in Romania

In value terms, oils from coal tar production rose rapidly to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Oils from coal tar production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Exports of Oils And Other Products Of The Distillation Of High Temperature Coal Tar

Exports from Romania

In 2023, oils from coal tar exports from Romania soared to X tons, with an increase of X% compared with 2022. Over the period under review, exports, however, recorded a abrupt descent. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, oils from coal tar exports surged to $X in 2023. Overall, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for oils from coal tar exports from Romania, accounting for a X% share of total exports. Moreover, oils from coal tar exports to Turkey exceeded the volume sent to the second major destination, Bulgaria (X tons), threefold. The third position in this ranking was held by Malta (X tons), with a X% share.

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

In value terms, Turkey ($X) emerged as the key foreign market for oils and other products of the distillation of high temperature coal tar exports from Romania, comprising X% of total exports. The second position in the ranking was held by Bulgaria ($X), with an X% share of total exports. It was followed by Malta, with a X% share.

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

Export Prices by Country

The average oils from coal tar export price stood at $X per ton in 2023, waning by X% against the previous year. Overall, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Gibraltar ($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 the Netherlands (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Oils And Other Products Of The Distillation Of High Temperature Coal Tar

Imports into Romania

In 2023, the amount of oils and other products of the distillation of high temperature coal tar imported into Romania skyrocketed to X tons, growing by X% against 2022 figures. Overall, imports recorded significant growth. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2023 and are likely to see gradual growth in the near future.

In value terms, oils from coal tar imports stood at $X in 2023. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. Imports peaked in 2023 and are expected to retain growth in years to come.

Imports by Country

In 2023, Bulgaria (X tons) constituted the largest supplier of oils from coal tar to Romania, accounting for a X% share of total imports. Moreover, oils from coal tar imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. Slovakia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Bulgaria stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Slovakia (X% per year).

In value terms, Bulgaria ($X) constituted the largest supplier of oils and other products of the distillation of high temperature coal tar to Romania, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by Slovakia, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Bulgaria stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Slovakia (X% per year).

Import Prices by Country

In 2023, the average oils from coal tar import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2023, 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 Belgium ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2023, 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 mixed trend patterns.

Source: IndexBox Platform