Romania: Market for Gypsum, Anhydrite And Limestone 2024

Market Size for Gypsum, Anhydrite And Limestone in Romania

The Romanian gypsum, anhydrite and limestone market rose sharply to $X in 2021, growing by 6.3% against the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Gypsum, anhydrite and limestone consumption peaked in 2021 and is expected to retain growth in the immediate term.

Production of Gypsum, Anhydrite And Limestone in Romania

In value terms, gypsum, anhydrite and limestone production rose remarkably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Gypsum, Anhydrite And Limestone

Exports from Romania

In 2021, overseas shipments of gypsum, anhydrite and limestone decreased by -36.1% to X tons, falling for the fourth consecutive year after three years of growth. Overall, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2015 when exports increased by 87,049,257% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, gypsum, anhydrite and limestone exports dropped significantly to $X in 2021. Over the period under review, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by 2,792,831% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Ukraine (X tons) was the main destination for gypsum, anhydrite and limestone exports from Romania, accounting for a 88% share of total exports. Moreover, gypsum, anhydrite and limestone exports to Ukraine exceeded the volume sent to the second major destination, Moldova (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ukraine totaled -38.9%.

In value terms, Ukraine ($X) remains the key foreign market for gypsum, anhydrite and limestone exports from Romania, comprising 77% of total exports. The second position in the ranking was held by Moldova ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Ukraine amounted to -32.0%.

Export Prices by Country

In 2021, the average gypsum, anhydrite and limestone export price amounted to $X per ton, rising by 9.8% against the previous year. In general, the export price, however, continues to indicate a deep reduction. The pace of growth was the most pronounced in 2014 an increase of 102%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average 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 Moldova ($X per ton), while the average price for exports to Ukraine amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+11.6%).

Imports of Gypsum, Anhydrite And Limestone

Imports into Romania

In 2021, after three years of growth, there was significant decline in overseas purchases of gypsum, anhydrite and limestone, when their volume decreased by -32.4% to X tons. In general, imports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2018 with an increase of 114% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then contracted remarkably in the following year.

In value terms, gypsum, anhydrite and limestone imports fell rapidly to $X in 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 40%. Over the period under review, imports attained the peak figure at $X in 2020, and then contracted remarkably in the following year.

Imports by Country

In 2021, Greece (X tons) constituted the largest gypsum, anhydrite and limestone supplier to Romania, with a 87% share of total imports. Moreover, gypsum, anhydrite and limestone imports from Greece exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), eightfold.

From 2012 to 2021, the average annual growth rate of volume from Greece amounted to -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+28.5% per year) and Hungary (-2.2% per year).

In value terms, Greece ($X) constituted the largest supplier of gypsum, anhydrite and limestone to Romania, comprising 63% of total imports. The second position in the ranking was taken by Bulgaria ($X), with a 21% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Greece stood at -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+22.5% per year) and Hungary (+1.9% per year).

Import Prices by Country

In 2021, the average gypsum, anhydrite and limestone import price amounted to $X per ton, surging by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2013 an increase of 32% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

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 Hungary ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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