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Romania - Vegetable Waxes - Market Analysis, Forecast, Size, Trends And Insights
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Romania: Vegetable Waxes Market Overview 2021

Vegetable Waxes Market Size in Romania

In 2019, after three years of growth, there was significant decline in the Romanian vegetable waxes market, when its value decreased by -X% to $X. In general, consumption saw a deep slump. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2011 to 2019, the growth of the market remained at a somewhat lower figure.

Vegetable Waxes Exports

Exports from Romania

In 2019, the amount of vegetable waxes exported from Romania surged to X kg, jumping by X% against 2018 figures. Over the period under review, exports saw strong growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, vegetable waxes exports surged to $X in 2019. In general, exports saw a perceptible expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Moldova (X kg) was the main destination for vegetable waxes exports from Romania, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Moldova was relatively modest.

From 2007 to 2019, the average annual growth rate of value to Moldova was relatively modest.

Export Prices by Country

In 2019, the average vegetable waxes export price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the export price showed a deep slump. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2016 to 2019, the growth in terms of the average export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Moldova.

From 2007 to 2019, the rate of growth in terms of prices for Moldova amounted to X% per year.

Vegetable Waxes Imports

Imports into Romania

After three years of growth, supplies from abroad of vegetable waxes decreased by -X% to X tonnes in 2019. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes. From 2011 to 2019, the growth imports remained at a lower figure.

In value terms, vegetable waxes imports shrank to $X in 2019. Over the period under review, imports recorded a abrupt decline. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. From 2011 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

Moldova (X tonnes), Poland (X tonnes) and Indonesia (X tonnes) were the main suppliers of vegetable waxes imports to Romania, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Moldova (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the UK ($X) and Indonesia ($X) constituted the largest vegetable waxes suppliers to Romania, together accounting for X% of total imports.

The UK saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average vegetable waxes import price amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Indonesia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vegetable waxes in the world?
+
Indonesia (27K tonnes) remains the largest vegetable waxes consuming country worldwide, comprising approx. 51% of total volume. Moreover, vegetable waxes consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Brazil (4.2K tonnes), sixfold. China (3.8K tonnes) ranked third in terms of total consumption with a 7.2% share.
What are the largest producers of vegetable waxes in the world?
+
The countries with the highest volumes of vegetable waxes production in 2019 were Indonesia (27K tonnes), Brazil (20K tonnes) and Malaysia (1.6K tonnes), together accounting for 95% of global production. Mexico and Belgium lagged somewhat behind, together comprising a further 3.5%.
What are the leading suppliers of vegetable waxes to Romania?
+
In value terms, the largest vegetable waxes suppliers to Romania were Poland ($24K), the UK ($12K) and Indonesia ($9.1K), with a combined 71% share of total imports.
What is the average export price for vegetable waxes in Romania?
+
The average vegetable waxes export price stood at $2,093 per tonne in 2019, falling by -53.4% against the previous year.
What is the average import price for vegetable waxes in Romania?
+
The average vegetable waxes import price stood at $2,136 per tonne in 2019, shrinking by -6.8% against the previous year.

Product coverage:
• Prodcom 10417100 - Vegetable waxes (including refined) (excluding triglycerides)

This report provides an in-depth analysis of the vegetable waxes 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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