Report Update Nov 1, 2024

Romania - Acrylonitrile - Market Analysis, Forecast, Size, Trends and Insights

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Romania: Acrylonitrile Market 2024

Acrylonitrile Market Size in Romania

The Romanian acrylonitrile market expanded significantly to $X in 2021, increasing by 7.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Acrylonitrile Exports

Exports from Romania

In 2019, shipments abroad of acrylonitrile increased by 30% to X tons, rising for the third year in a row after four years of decline. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 30% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

In value terms, acrylonitrile exports surged to $X in 2019. Overall, exports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2017 when exports increased by 20% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for acrylonitrile exports from Romania, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to the Netherlands amounted to -10.2%.

In value terms, the Netherlands ($X) also remains the key foreign market for acrylonitrile exports from Romania.

From 2012 to 2019, the average annual growth rate of value to the Netherlands stood at -8.2%.

Export Prices by Country

In 2019, the average acrylonitrile export price amounted to $X per ton, falling by -7.4% against the previous year. Over the period from 2012 to 2019, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2015 when the average export price increased by 21% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2019, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2019, the rate of growth in terms of prices for the Netherlands amounted to +2.2% per year.

Acrylonitrile Imports

Imports into Romania

Acrylonitrile imports into Romania totaled X tons in 2021, standing approx. at 2020 figures. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 86,405%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, acrylonitrile imports totaled $X in 2021. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 59,378% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons) constituted the largest acrylonitrile supplier to Romania, with a 68% share of total imports. Moreover, acrylonitrile imports from Turkey exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey stood at +23.1%.

In value terms, the largest acrylonitrile suppliers to Romania were Turkey ($X) and the Netherlands ($X).

In terms of the main suppliers, Turkey, with a CAGR of +24.0%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average acrylonitrile import price stood at $X per ton in 2021, surging by 8.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 50% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Turkey totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acrylonitrile in the world?

The countries with the highest volumes of acrylonitrile consumption in 2020 were the United States, Turkey and the UK, together accounting for 39% of global consumption. These countries were followed by China, the Netherlands, Japan, Malaysia, India, Taiwan Chinese), France, Mexico, the United Arab Emirates and Belgium, which together accounted for a further 50%.

What are the largest producers of acrylonitrile in the world?

The United States constituted the country with the largest volume of acrylonitrile production, comprising approx. 43% of total volume. Moreover, acrylonitrile production in the United States exceeded the figures recorded by the second-largest producer, Japan, fourfold. The third position in this ranking was occupied by the UK, with a 10% share.

What are the leading suppliers of acrylonitrile to Romania?

In value terms, the Netherlands constituted the largest supplier of acrylonitrile to Romania, comprising 65% of total imports. The second position in the ranking was occupied by Turkey, with a 28% share of total imports.

What are the leading importers of acrylonitrile from Romania?

In value terms, the Netherlands remains the key foreign market for acrylonitrile exports from Romania.

What is the average export price for acrylonitrile in Romania?

In 2016, the average acrylonitrile export price amounted to $2,113 per ton, remaining stable against the previous year.

What is the average import price for acrylonitrile in Romania?

The average acrylonitrile import price stood at $2,363 per ton in 2020, with an increase of 22% against the previous year.

This report provides an in-depth analysis of the acrylonitrile 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 2030.

Product coverage:

Prodcom 20144350 - Acrylonitrile

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023