Romania - Sodium Carbonate - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRomania: Sodium Carbonate Market 2024
Sodium Carbonate Market Size in Romania
The Romanian sodium carbonate market shrank to $X in 2022, waning by -6.1% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then declined in the following year.
Sodium Carbonate Production in Romania
In value terms, sodium carbonate production reduced to $X in 2022 estimated in export price. Overall, production recorded a deep slump. The growth pace was the most rapid in 2021 when the production volume increased by 23%. Sodium carbonate production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
Sodium Carbonate Exports
Exports from Romania
In 2022, after four years of decline, there was significant growth in shipments abroad of sodium carbonate, when their volume increased by 1,630% to X tons. Overall, exports, however, recorded a dramatic downturn. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.
In value terms, sodium carbonate exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a significant curtailment. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.
Exports by Country
Ukraine (X tons), Moldova (X tons) and Bulgaria (X tons) were the main destinations of sodium carbonate exports from Romania, together accounting for 99% of total exports.
From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of +3.3%), while shipments for the other leaders experienced a decline.
In value terms, the largest markets for sodium carbonate exported from Romania were Ukraine ($X), Moldova ($X) and Bulgaria ($X), with a combined 99% share of total exports.
Ukraine, with a CAGR of +15.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.
Export Prices by Country
In 2022, the average sodium carbonate export price amounted to $X per ton, picking up by 16% against the previous year. Over the period under review, the export price recorded a resilient increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 43% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+31.9%), while the prices for the other major destinations experienced more modest paces of growth.
Sodium Carbonate Imports
Imports into Romania
In 2022, the amount of sodium carbonate imported into Romania was estimated at X tons, standing approx. at 2021 figures. In general, imports posted strong growth. The pace of growth was the most pronounced in 2013 with an increase of 123% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, sodium carbonate imports surged to $X in 2022. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 121% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Imports by Country
In 2022, Turkey (X tons) constituted the largest sodium carbonate supplier to Romania, accounting for a 57% share of total imports. Moreover, sodium carbonate imports from Turkey exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), threefold. Belgium (X tons) ranked third in terms of total imports with a 15% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey stood at +191.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+21.5% per year) and Belgium (+16.8% per year).
In value terms, Turkey ($X) constituted the largest supplier of sodium carbonate to Romania, comprising 57% of total imports. The second position in the ranking was taken by Bulgaria ($X), with a 21% share of total imports. It was followed by Belgium, with a 14% share.
From 2012 to 2022, the average annual growth rate of value from Turkey totaled +198.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+25.5% per year) and Belgium (+17.7% per year).
Import Prices by Country
The average sodium carbonate import price stood at $X per ton in 2022, surging by 37% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Bosnia and Herzegovina ($X per ton) and Turkey ($X per ton), while the price for Belgium ($X per ton) and Bulgaria ($X per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the sodium carbonate 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 20134310 - Disodium carbonate
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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