Romania: Ferro-Chromium Market 2025

Ferro-Chromium Market Size in Romania

In 2022, the Romanian ferro-chromium market increased by 152% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw notable growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Ferro-Chromium Exports

Exports from Romania

In 2022, exports of ferro-chromium from Romania skyrocketed to X tons, growing by 60% on 2021 figures. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 17,093% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, ferro-chromium exports surged to $X in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 3,147% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for ferro-chromium exports from Romania, with a 89% share of total exports. Moreover, ferro-chromium exports to the Netherlands exceeded the volume sent to the second major destination, Sweden (X tons), more than tenfold. Italy (X tons) ranked third in terms of total exports with a 2.8% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands amounted to -4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-37.9% per year) and Italy (+122.1% per year).

In value terms, the Netherlands ($X) remains the key foreign market for ferro-chromium exports from Romania, comprising 84% of total exports. The second position in the ranking was taken by Austria ($X), with a 4.5% share of total exports. It was followed by Poland, with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (0.0% per year) and Poland (-8.1% per year).

Export Prices by Country

In 2022, the average ferro-chromium export price amounted to $X per ton, picking up by 114% against the previous year. In general, the export price, however, recorded a abrupt setback. The growth pace was the most rapid in 2013 an increase of 3,236%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Sweden ($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 the Netherlands (+7.2%), while the prices for the other major destinations experienced a decline.

Ferro-Chromium Imports

Imports into Romania

In 2022, purchases abroad of ferro-chromium increased by 69% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +133.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ferro-chromium imports skyrocketed to $X in 2022. In general, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Slovenia (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of ferro-chromium imports to Romania, with a combined 62% share of total imports. India, Hungary, Poland, Italy and Albania lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +1,364.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), the Netherlands ($X) and Germany ($X) appeared to be the largest ferro-chromium suppliers to Romania, together comprising 63% of total imports. Hungary, Poland, India, Italy and Albania lagged somewhat behind, together accounting for a further 27%.

Hungary, with a CAGR of +557.8%, saw 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 ferro-chromium import price stood at $X per ton in 2022, increasing by 91% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-chromium import price increased by +99.0% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Albania (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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