Report Update Nov 1, 2024

Romania - O-Acetylsalicylic Acid, Its Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights

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Romania: O-Acetylsalicylic Acid Market 2024

O-Acetylsalicylic Acid Market Size in Romania

After two years of growth, the Romanian o-acetylsalicylic acid market decreased by -24.1% to $X in 2021. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2020, and then dropped dramatically in the following year.

O-Acetylsalicylic Acid Exports

Exports from Romania

O-acetylsalicylic acid exports from Romania fell rapidly to X kg in 2021, declining by -91.3% on 2020. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 985%. As a result, the exports reached the peak of X tons, and then fell significantly in the following year.

In value terms, o-acetylsalicylic acid exports contracted notably to $X in 2021. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 1,309%. As a result, the exports attained the peak of $X, and then plummeted in the following year.

Exports by Country

Bulgaria (X kg), Germany (X kg) and Italy (X kg) were the main destinations of o-acetylsalicylic acid exports from Romania, together accounting for 99% of total exports.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +43.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for o-acetylsalicylic acid exported from Romania were Germany ($X), Bulgaria ($X) and Italy ($X), with a combined 99% share of total exports.

Germany, with a CAGR of +39.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average o-acetylsalicylic acid export price amounted to $X per ton, shrinking by -32.1% against the previous year. Overall, the export price, however, recorded a modest expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 78% against the previous year. The export price peaked at $X per ton in 2020, and then shrank remarkably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($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 Germany (+8.9%), while the prices for the other major destinations experienced a decline.

O-Acetylsalicylic Acid Imports

Imports into Romania

In 2021, after two years of growth, there was significant decline in overseas purchases of o-acetylsalicylic acid, its salts and esters, when their volume decreased by -28.1% to X tons. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 41%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, o-acetylsalicylic acid imports dropped notably to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 32% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020, and then fell significantly in the following year.

Imports by Country

France (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of o-acetylsalicylic acid imports to Romania, together accounting for 89% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +36.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), China ($X) and Thailand ($X) appeared to be the largest o-acetylsalicylic acid suppliers to Romania, together comprising 87% of total imports. These countries were followed by the Netherlands, Germany and Belgium, which together accounted for a further 12%.

In terms of the main suppliers, the Netherlands, with a CAGR of +28.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average o-acetylsalicylic acid import price amounted to $X per ton, approximately reflecting the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 26%. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 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 Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+14.0%), 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 o-acetylsalicylic acid, its salts and esters in the world?

The countries with the highest volumes of o-acetylsalicylic acid consumption in 2020 were the United States, China and Russia, with a combined 36% share of global consumption. Thailand, Italy, Germany, South Africa, Kenya, Mexico, Ukraine, Brazil, Argentina and Belarus lagged somewhat behind, together accounting for a further 35%.

What are the largest producers of o-acetylsalicylic acid, its salts and esters in the world?

The countries with the highest volumes of o-acetylsalicylic acid production in 2020 were China, Spain and Thailand, with a combined 96% share of global production. Ecuador lagged somewhat behind, comprising a further 1.6%.

What are the leading suppliers of o-acetylsalicylic acid, its salts and esters to Romania?

In value terms, the largest o-acetylsalicylic acid suppliers to Romania were China, France and Germany, together accounting for 84% of total imports. The Netherlands and Thailand lagged somewhat behind, together comprising a further 14%.

What is the average export price for o-acetylsalicylic acid, its salts and esters in Romania?

The average o-acetylsalicylic acid export price stood at $44,706 per ton in 2020, remaining relatively unchanged against the previous year.

What is the average import price for o-acetylsalicylic acid, its salts and esters in Romania?

The average o-acetylsalicylic acid import price stood at $5,430 per ton in 2020, increasing by 29% against the previous year.

This report provides an in-depth analysis of the o-acetylsalicylic 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 21101050 - O-acetylsalicylic acid, its salts and esters

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023