Romania: Market for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates 2024

Market Size for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Romania

The Romanian chlorates, bromates and iodates market soared to $X in 2021, picking up by 22% against the previous year. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -15.1% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Romania

In value terms, chlorates, bromates and iodates production soared to $X in 2021 estimated in export price. In general, production recorded a strong increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 40%. Chlorates, bromates and iodates production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Exports from Romania

For the ninth consecutive year, Romania recorded decline in shipments abroad of chlorates and perchlorates, bromates and perbromates, iodates and periodates, which decreased by -97.4% to X kg in 2021. Overall, exports saw a precipitous shrinkage. The smallest decline of -4.1% was in 2019. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, chlorates, bromates and iodates exports fell notably to $X in 2021. In general, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 45%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X kg) was the main destination for chlorates, bromates and iodates exports from Romania, with a 80% share of total exports. Moreover, chlorates, bromates and iodates exports to Italy exceeded the volume sent to the second major destination, Belgium (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Italy stood at -56.5%.

In value terms, Italy ($X) emerged as the key foreign market for chlorates and perchlorates, bromates and perbromates, iodates and periodates exports from Romania, comprising 91% of total exports. The second position in the ranking was taken by Belgium ($X), with a 9.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy amounted to -71.9%.

Export Prices by Country

In 2021, the average chlorates, bromates and iodates export price amounted to $X per ton, with a decrease of -30.8% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 111% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+99.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Imports into Romania

In 2021, chlorates, bromates and iodates imports into Romania declined rapidly to X tons, shrinking by -22.5% on 2020. Over the period under review, imports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 267%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, chlorates, bromates and iodates imports shrank slightly to $X in 2021. Overall, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of chlorates, bromates and iodates to Romania, with a 70% share of total imports. Moreover, chlorates, bromates and iodates imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The Netherlands (X tons) ranked third in terms of total imports with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to +30.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.0% per year) and the Netherlands (+31.0% per year).

In value terms, the largest chlorates, bromates and iodates suppliers to Romania were the Netherlands ($X), Germany ($X) and Italy ($X), with a combined 84% share of total imports.

The Netherlands, with a CAGR of +39.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chlorates, bromates and iodates import price stood at $X per ton in 2021, surging by 24% against the previous year. In general, the import price, however, saw a mild decrease. The pace of growth was the most pronounced in 2019 an increase of 116%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+27.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :