Romania: Market for 2,2-Oxydiethanol (Diethylene Glycol, Digol) 2025

Market Size for 2,2-Oxydiethanol (Diethylene Glycol, Digol) in Romania

In 2021, the Romanian diethylene glycol and digol market increased by 75% to $X, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Exports from Romania

After seven years of growth, shipments abroad of X-oxydiethanol (diethylene glycol, digol) decreased by -73.4% to X tons in 2021. In general, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 148%. As a result, the exports reached the peak of X tons, and then reduced sharply in the following year.

In value terms, diethylene glycol and digol exports dropped rapidly to $X in 2021. Overall, exports, however, saw a modest expansion. The pace of growth was the most pronounced in 2019 when exports increased by 40% against the previous year. The exports peaked at $X in 2020, and then declined significantly in the following year.

Exports by Country

Bulgaria (X tons) was the main destination for diethylene glycol and digol exports from Romania, with a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Bulgaria totaled +139.9%.

In value terms, Bulgaria ($X) also remains the key foreign market for X-oxydiethanol (diethylene glycol, digol) exports from Romania.

From 2012 to 2021, the average annual growth rate of value to Bulgaria stood at +137.0%.

Export Prices by Country

In 2021, the average diethylene glycol and digol export price amounted to $X per ton, rising by 27% against the previous year. In general, the export price, however, saw a deep setback. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Bulgaria amounted to -0.1% per year.

Imports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Imports into Romania

In 2021, supplies from abroad of X-oxydiethanol (diethylene glycol, digol) increased by 25% to X tons, rising for the second consecutive year after two years of decline. Overall, imports showed prominent growth. The pace of growth was the most pronounced in 2015 with an increase of 29%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, diethylene glycol and digol imports soared to $X in 2021. In general, imports posted a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Belgium (X tons) constituted the largest diethylene glycol and digol supplier to Romania, with a 66% share of total imports. Moreover, diethylene glycol and digol imports from Belgium exceeded the figures recorded by the second-largest supplier, Italy (X tons), sevenfold. The third position in this ranking was held by the Netherlands (X tons), with a 6.1% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium stood at +44.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.2% per year) and the Netherlands (+67.2% per year).

In value terms, Belgium ($X) constituted the largest supplier of X-oxydiethanol (diethylene glycol, digol) to Romania, comprising 63% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an 8.6% share of total imports. It was followed by Italy, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value from Belgium totaled +42.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+60.7% per year) and Italy (+11.6% per year).

Import Prices by Country

In 2021, the average diethylene glycol and digol import price amounted to $X per ton, growing by 75% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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