Romania: Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds 2024

Market Size for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Romania

For the fifth consecutive year, the Romanian market for organo-sulphur compounds and other organo-inorganic compounds recorded growth in sales value, which increased by 14% to $X in 2022. The market value increased at an average annual rate of +5.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Exports from Romania

In 2022, approx. X tons of organo-sulphur compounds and other organo-inorganic compounds were exported from Romania; picking up by 30% on 2021. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 828% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds surged to $X in 2022. In general, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2015 with an increase of 292% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Bulgaria (X tons), the Netherlands (X tons) and Slovenia (X tons) were the main destinations of exports of organo-sulphur compounds and other organo-inorganic compounds from Romania, with a combined 93% share of total exports. Moldova and Portugal lagged somewhat behind, together comprising a further 4.5%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Moldova (with a CAGR of +47.6%), while the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X) remains the key foreign market for organo-sulphur compounds and other organo-inorganic compounds exports from Romania, comprising 65% of total exports. The second position in the ranking was taken by Slovenia ($X), with a 9.8% share of total exports. It was followed by the Netherlands, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value to Bulgaria stood at +10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+21.4% per year) and the Netherlands (0.0% per year).

Export Prices by Country

In 2022, the average export price for organo-sulphur compounds and other organo-inorganic compounds amounted to $X per ton, which is down by -9.4% against the previous year. Over the period under review, the export price recorded a deep contraction. The growth pace was the most rapid in 2013 when the average export price increased by 41%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to the Netherlands ($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 Portugal (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Imports into Romania

After two years of decline, supplies from abroad of organo-sulphur compounds and other organo-inorganic compounds increased by 8.4% to X tons in 2022. Overall, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 24% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of organo-sulphur compounds and other organo-inorganic compounds soared to $X in 2022. The total import value increased at an average annual rate of +5.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of imports of organo-sulphur compounds and other organo-inorganic compounds to Romania, together comprising 63% of total imports. The Netherlands, India, Spain, Italy, Japan, Hungary, Austria and China lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +36.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of organo-sulphur compounds and other organo-inorganic compounds to Romania, comprising 38% of total imports. The second position in the ranking was held by France ($X), with a 16% share of total imports. It was followed by Belgium, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+7.0% per year) and Belgium (+16.8% per year).

Import Prices by Country

The average import price for organo-sulphur compounds and other organo-inorganic compounds stood at $X per ton in 2022, with an increase of 7.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 12%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Austria ($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 (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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