Report Update Jan 1, 2025

Romania - Industrial Oleic Acid - Market Analysis, Forecast, Size, Trends and Insights

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Romania: Industrial Oleic Acid Market 2025

Industrial Oleic Acid Market Size in Romania

In 2021, after five years of growth, there was significant decline in the Romanian industrial oleic acid market, when its value decreased by -5.7% to $X. Over the period under review, consumption, however, posted resilient growth. Over the period under review, the market reached the peak level at $X in 2020, and then contracted in the following year.

Industrial Oleic Acid Production in Romania

In value terms, industrial oleic acid production contracted to $X in 2021 estimated in export price. In general, production, however, showed a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of 51% against the previous year. Industrial oleic acid production peaked at $X in 2020, and then contracted in the following year.

Industrial Oleic Acid Exports

Exports from Romania

In 2021, shipments abroad of industrial oleic acid decreased by -49% to X tons, falling for the second year in a row after three years of growth. Overall, exports recorded a dramatic descent. The growth pace was the most rapid in 2018 when exports increased by 239% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, industrial oleic acid exports declined dramatically to $X in 2021. Over the period under review, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 541% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Ukraine (X tons) was the main destination for industrial oleic acid exports from Romania, accounting for a 97% share of total exports. It was followed by the Netherlands (X kg), with a 3.1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Ukraine was relatively modest.

In value terms, Ukraine ($X) emerged as the key foreign market for industrial oleic acid exports from Romania, comprising 98% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 2.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Ukraine was relatively modest.

Export Prices by Country

The average industrial oleic acid export price stood at $X per ton in 2021, surging by 30% against the previous year. Over the period under review, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2016 an increase of 363% against the previous year. The export price peaked in 2021 and is likely to continue growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2021, the country with the highest price was Ukraine ($X per ton), while the average price for exports to the Netherlands amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+42.2%).

Industrial Oleic Acid Imports

Imports into Romania

In 2021, overseas purchases of industrial oleic acid decreased by -10.1% to X tons, falling for the second year in a row after three years of growth. Overall, imports showed a sharp curtailment. The growth pace was the most rapid in 2015 when imports increased by 205% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, industrial oleic acid imports surged to $X in 2021. In general, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 191%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), the Czech Republic (X tons) and France (X tons) were the main suppliers of industrial oleic acid imports to Romania, with a combined 94% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +44.8%), while imports for the other leaders experienced a decline.

In value terms, Italy ($X), the Czech Republic ($X) and France ($X) appeared to be the largest industrial oleic acid suppliers to Romania, with a combined 92% share of total imports.

France, with a CAGR of +45.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average industrial oleic acid import price amounted to $X per ton, picking up by 44% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +11.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by 57%. The import price peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Greece ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+40.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial oleic acid in the world?

China constituted the country with the largest volume of industrial oleic acid consumption, accounting for 21% of total volume. Moreover, industrial oleic acid consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.3% share.

What are the largest producers of industrial oleic acid in the world?

The countries with the highest volumes of industrial oleic acid production in 2020 were China, Indonesia and the United States, together accounting for 37% of global production.

What are the leading suppliers of industrial oleic acid to Romania?

In value terms, the largest industrial oleic acid suppliers to Romania were Italy, the Czech Republic and Greece, with a combined 74% share of total imports. France, Malaysia and the UK lagged somewhat behind, together accounting for a further 24%.

What is the average export price for industrial oleic acid in Romania?

In 2020, the average industrial oleic acid export price amounted to $3,307 per ton, picking up by 19% against the previous year.

What is the average import price for industrial oleic acid in Romania?

The average industrial oleic acid import price stood at $1,444 per ton in 2020, which is down by -41.2% against the previous year.

This report provides an in-depth analysis of the industrial oleic acid market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20143130 - Industrial oleic acid

Country coverage:

Romania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Romania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024