Romania: Amine-Function Compounds Market 2024

Amine-Function Compounds Market Size in Romania

The Romanian amine-function compounds market skyrocketed to $X in 2021, jumping by 189% against the previous year. Over the period under review, consumption, however, saw a abrupt contraction. Amine-function compounds consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Amine-Function Compounds Production in Romania

In value terms, amine-function compounds production surged to $X in 2021 estimated in export price. Overall, production, however, posted significant growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Amine-Function Compounds Exports

Exports from Romania

In 2021, exports of amine-function compounds from Romania contracted sharply to X tons, reducing by -17.5% on the year before. Over the period under review, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2015 when exports increased by 127% against the previous year. The exports peaked at X tons in 2020, and then reduced markedly in the following year.

In value terms, amine-function compounds exports totaled $X in 2021. In general, exports, however, recorded a strong increase. The growth pace was the most rapid in 2015 with an increase of 55%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Poland (X tons) was the main destination for amine-function compounds exports from Romania, with a 51% share of total exports. Moreover, amine-function compounds exports to Poland exceeded the volume sent to the second major destination, Slovenia (X tons), fourfold. Spain (X tons) ranked third in terms of total exports with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Poland amounted to +42.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+103.4% per year) and Spain (+18.5% per year).

In value terms, the largest markets for amine-function compounds exported from Romania were Poland ($X), Slovenia ($X) and Spain ($X), together comprising 74% of total exports.

In terms of the main countries of destination, Slovenia, with a CAGR of +119.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average amine-function compounds export price stood at $X per ton in 2021, with an increase of 33% against the previous year. Overall, export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, amine-function compounds export price increased by +53.7% against 2016 indices. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Bulgaria ($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 France (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.

Amine-Function Compounds Imports

Imports into Romania

In 2021, approx. X tons of amine-function compounds were imported into Romania; surging by 17% against 2020. Overall, total imports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by 21%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, amine-function compounds imports surged to $X in 2021. In general, total imports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of amine-function compounds imports to Romania, with a combined 86% share of total imports. These countries were followed by Hungary, Moldova, Sweden, China and Slovakia, which together accounted for a further 10%.

From 2012 to 2021, the biggest increases were recorded for Moldova (with a CAGR of +357.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest amine-function compounds suppliers to Romania were Belgium ($X), the Netherlands ($X) and Germany ($X), together accounting for 83% of total imports. Hungary, Moldova, Sweden, China and Slovakia lagged somewhat behind, together accounting for a further 9.1%.

In terms of the main suppliers, Moldova, with a CAGR of +329.4%, 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

In 2021, the average amine-function compounds import price amounted to $X per ton, rising by 15% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 18%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($X per ton), while the price for Moldova ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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