Romania: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Romania

After two years of decline, the Romanian acid and mordant dye market increased by 4.6% to $X in 2021. The market value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports from Romania

In 2021, acid and mordant dye exports from Romania expanded slightly to X tons, growing by 3.4% compared with 2020. In general, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by 197%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, acid and mordant dye exports rose markedly to $X in 2021. Over the period under review, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by 203%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Switzerland (X tons) was the main destination for acid and mordant dye exports from Romania, with a 70% share of total exports. Moreover, acid and mordant dye exports to Switzerland exceeded the volume sent to the second major destination, Moldova (X tons), fourfold. The third position in this ranking was held by Hungary (X tons), with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Switzerland amounted to +333.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+34.7% per year) and Hungary (+22.9% per year).

In value terms, the largest markets for acid and mordant dye exported from Romania were Moldova ($X), Switzerland ($X) and Hungary ($X), together accounting for 96% of total exports.

Switzerland, with a CAGR of +257.6%, saw the highest growth rate of the value of exports, among 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 2021, the average acid and mordant dye export price amounted to $X per ton, picking up by 7.2% against the previous year. In general, the export price, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 179%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, among the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports into Romania

In 2021, approx. X tons of acid and mordant dyes and preparations based thereon were imported into Romania; increasing by 19% against 2020. In general, total imports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -10.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 26% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, acid and mordant dye imports dropped modestly to $X in 2021. The total import value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of 21%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of acid and mordant dye imports to Romania, together comprising 67% of total imports. France, Hungary, Belgium, Spain, India, the Czech Republic, Austria, China and the UK lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +32.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and France ($X) constituted the largest acid and mordant dye suppliers to Romania, together comprising 76% of total imports. Hungary, Spain, India, the Netherlands, Austria, Belgium, the Czech Republic, China and the UK lagged somewhat behind, together comprising a further 17%.

In terms of the main suppliers, Spain, with a CAGR of +26.5%, saw 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 acid and mordant dye import price stood at $X per ton in 2021, shrinking by -16.2% against the previous year. Over the period under review, the import price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2020 when the average import price increased by 26% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: among the top importers, the country with the highest price was the UK ($X per ton), while the price for the Czech Republic ($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 (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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