Romania: Non-Rolled Bitumen Products Market 2024

Non-Rolled Bitumen Products Market Size in Romania

The Romanian non-rolled bitumen products market skyrocketed to $X in 2022, growing by X% against the previous year. Overall, consumption recorded a deep contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Non-Rolled Bitumen Products Production in Romania

In value terms, non-rolled bitumen products production surged to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt shrinkage. Non-rolled bitumen products production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Non-Rolled Bitumen Products Exports

Exports from Romania

In 2022, after two years of growth, there was significant decline in overseas shipments of non-rolled bitumen products, when their volume decreased by X% to X tons. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then declined remarkably in the following year.

In value terms, non-rolled bitumen products exports declined sharply to $X in 2022. In general, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2021, and then plummeted in the following year.

Exports by Country

France (X tons), Moldova (X tons) and Ukraine (X tons) were the main destinations of non-rolled bitumen products exports from Romania, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Moldova ($X) remains the key foreign market for non-rolled bitumen products exports from Romania, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Moldova totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2022, the average non-rolled bitumen products export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price saw a perceptible descent. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

Non-Rolled Bitumen Products Imports

Imports into Romania

In 2022, supplies from abroad of non-rolled bitumen products decreased by X% to X tons, falling for the second year in a row after five years of growth. In general, imports continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-rolled bitumen products imports declined significantly to $X in 2022. Over the period under review, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Slovakia (X tons) constituted the largest supplier of non-rolled bitumen products to Romania, with a X% share of total imports. Moreover, non-rolled bitumen products imports from Slovakia exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Austria (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Slovakia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Austria (X% per year).

In value terms, Slovakia ($X), Italy ($X) and Poland ($X) were the largest non-rolled bitumen products suppliers to Romania, with a combined X% share of total imports. Turkey, France, Austria, Russia and Lithuania lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, France, 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 non-rolled bitumen products import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price, however, saw a perceptible shrinkage. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Poland ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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