Romania: Market for Industrial Monocarboxylic Fatty Acids 2025

Market Size for Industrial Monocarboxylic Fatty Acids in Romania

The Romanian industrial monocarboxylic fatty acids market declined notably to $X in 2021, dropping by -99.8% against the previous year. Overall, consumption continues to indicate a precipitous descent. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Industrial Monocarboxylic Fatty Acids in Romania

In value terms, industrial monocarboxylic fatty acids production plummeted to $X in 2021 estimated in export price. In general, production continues to indicate a sharp downturn. The growth pace was the most rapid in 2016 with an increase of 13%. Industrial monocarboxylic fatty acids production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Industrial Monocarboxylic Fatty Acids

Exports from Romania

In 2021, shipments abroad of industrial monocarboxylic fatty acids increased by 10% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 47%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, industrial monocarboxylic fatty acids exports skyrocketed to $X in 2021. In general, exports, however, saw a perceptible descent. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), Bulgaria (X tons) and the Czech Republic (X tons) were the main destinations of industrial monocarboxylic fatty acids exports from Romania, together accounting for 75% of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +55.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for industrial monocarboxylic fatty acids exported from Romania were Poland ($X), the Czech Republic ($X) and Austria ($X), with a combined 77% share of total exports.

Among the main countries of destination, Poland, with a CAGR of +58.1%, recorded the highest growth rate of 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 2021, the average industrial monocarboxylic fatty acids export price amounted to $X per ton, increasing by 56% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Bulgaria ($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 Turkey (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Monocarboxylic Fatty Acids

Imports into Romania

In 2021, supplies from abroad of industrial monocarboxylic fatty acids increased by 15% to X tons, rising for the sixth consecutive year after three years of decline. Overall, imports showed a strong expansion. The growth pace was the most rapid in 2019 with an increase of 85%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, industrial monocarboxylic fatty acids imports skyrocketed to $X in 2021. In general, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of industrial monocarboxylic fatty acids to Romania, with a 54% share of total imports. Moreover, industrial monocarboxylic fatty acids imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Spain (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium totaled +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.3% per year) and Spain (+26.6% per year).

In value terms, Belgium ($X) constituted the largest supplier of industrial monocarboxylic fatty acids to Romania, comprising 53% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by Spain, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Belgium amounted to +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+18.1% per year) and Spain (+43.9% per year).

Import Prices by Country

In 2021, the average industrial monocarboxylic fatty acids import price amounted to $X per ton, jumping by 45% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+39.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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