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Romania - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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Romania: Silicone Market Overview 2021

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Silicone Market Size in Romania

The Romanian silicone market fell to $X in 2020, with a decrease of -X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the market value increased by X% year-to-year. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Silicone Production in Romania

In value terms, silicone production surged to $X in 2020 estimated in export prices. In general, production, however, continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Silicone production peaked at $X in 2008; however, from 2009 to 2020, production failed to regain the momentum.

Silicone Exports

Exports from Romania

In 2020, after six years of growth, there was significant decline in overseas shipments of silicones (in primary forms), when their volume decreased by -X% to X tonnes. In general, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at X tonnes in 2019, and then declined rapidly in the following year.

In value terms, silicone exports dropped significantly to $X in 2020. Overall, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Exports peaked at $X in 2019, and then contracted significantly in the following year.

Exports by Country

Germany (X tonnes) was the main destination for silicone exports from Romania, accounting for a X% share of total exports. Moreover, silicone exports to Germany exceeded the volume sent to the second major destination, France (X tonnes), twofold. The third position in this ranking was occupied by Turkey (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Turkey (+X% per year).

In value terms, the largest markets for silicone exported from Romania were Germany ($X), Turkey ($X) and France ($X), with a combined X% share of total exports. These countries were followed by South Africa, Greece, Serbia, Portugal, Moldova, Bulgaria, India and Croatia, which together accounted for a further X (+X% per year) saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 silicone export price amounted to $X per tonne, waning by -X% against the previous year. Overall, export price indicated a mild expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2019, and then declined significantly in the following year.

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

Silicone Imports

Imports into Romania

After four years of growth, purchases abroad of silicones (in primary forms) decreased by -X% to X tonnes in 2020. In general, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at X tonnes in 2019, and then dropped markedly in the following year.

In value terms, silicone imports contracted notably to $X in 2020. Overall, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest supplier of silicone to Romania, with a X% share of total imports. Moreover, silicone imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), twofold. The Netherlands (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 amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and the Netherlands (+X% per year).

In value terms, Germany ($X), Belgium ($X) and the UK ($X) constituted the largest silicone suppliers to Romania, with a combined X% share of total imports. These countries were followed by Japan, the Netherlands, Italy and Spain, which together accounted for a further X saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average silicone import price stood at $X per tonne in 2020, which is down by -X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, 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 silicones (in primary forms) in the world?
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The countries with the highest volumes of silicone consumption in 2020 were China (619K tonnes), Germany (379K tonnes) and the U.S. (251K tonnes), together accounting for 44% of global consumption. India, Japan, Turkey, Indonesia, Belgium, the UK, Brazil, South Korea, France and Italy lagged somewhat behind, together accounting for a further 36%.
What are the largest producers of silicones (in primary forms) in the world?
+
The countries with the highest volumes of silicone production in 2020 were China (725K tonnes), Germany (520K tonnes) and the U.S. (308K tonnes), with a combined 56% share of global production. These countries were followed by Japan, India, the UK, Turkey, Indonesia, France, Thailand and Brazil, which together accounted for a further 35%.
What are the leading suppliers of silicones (in primary forms) to Romania?
+
In value terms, the largest silicone suppliers to Romania were Germany ($17M), Belgium ($13M) and the UK ($4M), with a combined 69% share of total imports. Japan, the Netherlands, Italy and Spain lagged somewhat behind, together comprising a further 22%.
What are the leading importers of silicones (in primary forms) from Romania?
+
In value terms, Germany ($464K), Turkey ($250K) and France ($66K) were the largest markets for silicone exported from Romania worldwide, with a combined 66% share of total exports. South Africa, Greece, Serbia, Portugal, Moldova, Bulgaria, India and Croatia lagged somewhat behind, together comprising a further 20%.
What is the average export price for silicones (in primary forms) in Romania?
+
The average silicone export price stood at $13,674 per tonne in 2020, which is down by -40.2% against the previous year.
What is the average import price for silicones (in primary forms) in Romania?
+
In 2020, the average silicone import price amounted to $7,588 per tonne, shrinking by -3.3% against the previous year.

Product coverage:
• Prodcom 20165700 - Silicones, in primary forms

This report provides an in-depth analysis of the silicone 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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