Romania: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Romania

The Romanian hypochlorites, chlorites and hypobromites market totaled $X in 2022, leveling off at the previous year. Overall, the total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +52.4% against 2014 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the immediate term.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Romania

In value terms, hypochlorites, chlorites and hypobromites production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 20% against the previous year. Hypochlorites, chlorites and hypobromites production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports from Romania

In 2022, shipments abroad of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites decreased by -3.1% to X tons, falling for the fourth year in a row after two years of growth. Overall, total exports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -33.1% against 2018 indices. The pace of growth was the most pronounced in 2014 when exports increased by 34% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, hypochlorites, chlorites and hypobromites exports skyrocketed to $X in 2022. In general, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 26%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Bulgaria (X tons), Poland (X tons) and Ukraine (X tons) were the main destinations of hypochlorites, chlorites and hypobromites exports from Romania, together comprising 57% of total exports. Moldova, Lithuania, Hungary and Serbia lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +55.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hypochlorites, chlorites and hypobromites exported from Romania were Poland ($X), Bulgaria ($X) and Lithuania ($X), with a combined 65% share of total exports.

In terms of the main countries of destination, Lithuania, with a CAGR of +63.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average hypochlorites, chlorites and hypobromites export price amounted to $X per ton, rising by 20% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 24%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Serbia ($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 Serbia (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports into Romania

In 2022, after two years of growth, there was significant decline in overseas purchases of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites, when their volume decreased by -5.2% to X tons. In general, imports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2015 when imports increased by 77%. Over the period under review, imports attained the maximum at X tons in 2021, and then dropped in the following year.

In value terms, hypochlorites, chlorites and hypobromites imports contracted to $X in 2022. Over the period under review, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2016 when imports increased by 57%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Italy (X tons) constituted the largest hypochlorites, chlorites and hypobromites supplier to Romania, accounting for a 67% share of total imports. Moreover, hypochlorites, chlorites and hypobromites imports from Italy exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fivefold. The third position in this ranking was held by Hungary (X tons), with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +49.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+108.6% per year) and Hungary (-5.3% per year).

In value terms, Italy ($X) constituted the largest supplier of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites to Romania, comprising 70% of total imports. The second position in the ranking was taken by Turkey ($X), with an 8.6% share of total imports. It was followed by Germany, with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +47.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+99.7% per year) and Germany (+3.4% per year).

Import Prices by Country

The average hypochlorites, chlorites and hypobromites import price stood at $X per ton in 2022, which is down by -7.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 20% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+37.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :