Romania: Complex Fluorine Salts Market 2024

Complex Fluorine Salts Market Size in Romania

The Romanian complex fluorine salts market declined dramatically to $X in 2021, reducing by -15.6% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2020, and then dropped significantly in the following year.

Complex Fluorine Salts Production in Romania

In value terms, complex fluorine salts production contracted significantly to $X in 2021 estimated in export price. In general, production, however, saw prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 179%. Complex fluorine salts production peaked at $X in 2020, and then fell markedly in the following year.

Complex Fluorine Salts Exports

Exports from Romania

In 2021, the amount of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts exported from Romania soared to X tons, growing by 90% against the previous year's figure. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 556%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, complex fluorine salts exports soared to $X in 2021. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2014 when exports increased by 458% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Turkey (X tons) was the main destination for complex fluorine salts exports from Romania, with a 71% share of total exports. Moreover, complex fluorine salts exports to Turkey exceeded the volume sent to the second major destination, Russia (X tons), sixfold. The third position in this ranking was taken by Germany (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey totaled +476.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+63.1% per year) and Germany (+17.1% per year).

In value terms, Turkey ($X) emerged as the key foreign market for fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts exports from Romania, comprising 57% of total exports. The second position in the ranking was held by Russia ($X), with a 16% share of total exports. It was followed by Germany, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey totaled +565.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+50.3% per year) and Germany (+17.1% per year).

Export Prices by Country

In 2021, the average complex fluorine salts export price amounted to $X per ton, jumping by 30% against the previous year. Over the period under review, the export price saw a strong increase. The pace of growth appeared the most rapid in 2014 an increase of 140% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Slovakia ($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 India (+36.1%), while the prices for the other major destinations experienced more modest paces of growth.

Complex Fluorine Salts Imports

Imports into Romania

Complex fluorine salts imports into Romania skyrocketed to X tons in 2021, surging by 55% on 2020 figures. Over the period under review, total imports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +64.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, complex fluorine salts imports surged to $X in 2021. Overall, imports, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 32%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X tons), Lithuania (X tons) and Germany (X tons) were the main suppliers of complex fluorine salts imports to Romania, with a combined 85% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +53.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest complex fluorine salts suppliers to Romania were Italy ($X), Lithuania ($X) and Germany ($X), together accounting for 81% of total imports.

Italy, with a CAGR of +47.0%, saw the highest rates of growth with regard to the value of imports, among 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 complex fluorine salts import price stood at $X per ton in 2021, shrinking by -20.4% against the previous year. In general, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2019 an increase of 19% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (-3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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