Romania: Hydraulic Lime Market 2024

Hydraulic Lime Market Size in Romania

The Romanian hydraulic lime market dropped to $X in 2022, leveling off at the previous year. Over the period under review, consumption, however, saw a deep reduction. The growth pace was the most rapid in 2018 when the market value increased by 8.2% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Hydraulic Lime Production in Romania

In value terms, hydraulic lime production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 21%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Hydraulic Lime Exports

Exports from Romania

In 2022, shipments abroad of hydraulic lime was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a significant expansion. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, hydraulic lime exports skyrocketed to $X in 2022. Overall, exports recorded a significant increase. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bulgaria (X tons) was the main destination for hydraulic lime exports from Romania, with a 96% share of total exports. Moreover, hydraulic lime exports to Bulgaria exceeded the volume sent to the second major destination, the Netherlands (X tons), more than tenfold.

From 2016 to 2022, the average annual rate of growth in terms of volume to Bulgaria totaled +307.8%.

In value terms, Bulgaria ($X) remains the key foreign market for hydraulic lime exports from Romania, comprising 96% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 3.9% share of total exports.

From 2016 to 2022, the average annual rate of growth in terms of value to Bulgaria totaled +228.1%.

Export Prices by Country

In 2022, the average hydraulic lime export price amounted to $X per ton, increasing by 4.9% against the previous year. Over the period under review, the export price, however, recorded a dramatic descent. Over the period under review, the average export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to the Netherlands stood at $X per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (-19.5%).

Hydraulic Lime Imports

Imports into Romania

In 2022, supplies from abroad of hydraulic lime was finally on the rise to reach X tons after three years of decline. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 2,787% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, hydraulic lime imports expanded sharply to $X in 2022. Over the period under review, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of 1,179% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Denmark (X tons) constituted the largest hydraulic lime supplier to Romania, with a 61% share of total imports. Moreover, hydraulic lime imports from Denmark exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by Austria (X tons), with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Denmark was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+36.4% per year) and Austria (-6.1% per year).

In value terms, Germany ($X) constituted the largest supplier of hydraulic lime to Romania, comprising 61% of total imports. The second position in the ranking was held by Austria ($X), with a 19% share of total imports. It was followed by Denmark, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +30.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-3.7% per year) and Denmark (0.0% per year).

Import Prices by Country

The average hydraulic lime import price stood at $X per ton in 2022, shrinking by -58.6% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 126%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then dropped rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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