Romania: Market for Organic Derivatives Of Hydrazine Or Of Hydroxylamine 2024

Market Size for Organic Derivatives Of Hydrazine Or Of Hydroxylamine in Romania

The Romanian hydrazine and hydroxylamine derivatives market declined notably to $X in 2022, shrinking by -50.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a deep downturn. As a result, consumption reached the peak level of $X, and then fell notably in the following year.

Exports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Exports from Romania

In 2022, overseas shipments of organic derivatives of hydrazine or of hydroxylamine increased by 77% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 348% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, hydrazine and hydroxylamine derivatives exports surged to $X in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 282%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

Bulgaria (X tons) was the main destination for hydrazine and hydroxylamine derivatives exports from Romania, accounting for a 76% share of total exports. Moreover, hydrazine and hydroxylamine derivatives exports to Bulgaria exceeded the volume sent to the second major destination, Moldova (X tons), sevenfold. The third position in this ranking was taken by Hungary (X tons), with a 9.8% share.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria totaled +64.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+15.4% per year) and Hungary (-2.3% per year).

In value terms, Bulgaria ($X) emerged as the key foreign market for organic derivatives of hydrazine or of hydroxylamine exports from Romania, comprising 80% of total exports. The second position in the ranking was taken by Moldova ($X), with an 11% share of total exports. It was followed by Hungary, with a 5.8% share.

From 2012 to 2022, the average annual growth rate of value to Bulgaria stood at +57.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+11.6% per year) and Hungary (-2.8% per year).

Export Prices by Country

The average hydrazine and hydroxylamine derivatives export price stood at $X per ton in 2022, declining by -6.3% against the previous year. Over the period under review, the export price recorded a perceptible slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 23%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Hungary ($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 France (+3.1%), while the prices for the other major destinations experienced a decline.

Imports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Imports into Romania

In 2022, imports of organic derivatives of hydrazine or of hydroxylamine into Romania contracted notably to X tons, reducing by -45.2% on the year before. Overall, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 51%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, hydrazine and hydroxylamine derivatives imports reduced dramatically to $X in 2022. Over the period under review, imports, however, recorded a modest expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 98% against the previous year. As a result, imports attained the peak of $X, and then reduced sharply in the following year.

Imports by Country

The Netherlands (X tons), Spain (X tons) and Italy (X tons) were the main suppliers of hydrazine and hydroxylamine derivatives imports to Romania, together comprising 71% of total imports. Germany, the Czech Republic, Bulgaria, China and Slovenia lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +56.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hydrazine and hydroxylamine derivatives suppliers to Romania were the Netherlands ($X), Spain ($X) and China ($X), together comprising 85% of total imports. Germany, the Czech Republic, Italy, Bulgaria and Slovenia lagged somewhat behind, together accounting for a further 13%.

The Czech Republic, with a CAGR of +71.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hydrazine and hydroxylamine derivatives import price stood at $X per ton in 2022, rising by 39% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 China ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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