Romania: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Romania

The Romanian oxygen-function amino-compound market skyrocketed to $X in 2021, increasing by 24% 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). Overall, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +9.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +90.7% against 2015 indices. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in years to come.

Oxygen-Function Amino-Compound Exports

Exports from Romania

In 2021, overseas shipments of oxygen-function amino-compounds increased by 112% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports posted a notable increase. The growth pace was the most rapid in 2017 when exports increased by 168%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, oxygen-function amino-compound exports skyrocketed to $X in 2021. Overall, exports recorded a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 154%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons), Serbia (X tons) and Turkey (X tons) were the main destinations of oxygen-function amino-compound exports from Romania, together accounting for 73% of total exports. These countries were followed by Moldova, Hong Kong SAR, Germany, Algeria, Ukraine, Bulgaria, Hungary, the Netherlands, Slovenia and Belarus, which together accounted for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Algeria (with a CAGR of +204.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for oxygen-function amino-compound exported from Romania were Hong Kong SAR ($X), Turkey ($X) and Germany ($X), together accounting for 68% of total exports. France, Serbia, Moldova, Algeria, Ukraine, Bulgaria, Hungary, the Netherlands, Slovenia and Belarus lagged somewhat behind, together accounting for a further 29%.

France, with a CAGR of +86.9%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 oxygen-function amino-compound export price amounted to $X per ton, rising by 15% against the previous year. Overall, the export price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2018 an increase of 72%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Serbia ($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 Slovenia (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports into Romania

For the sixth year in a row, Romania recorded growth in overseas purchases of oxygen-function amino-compounds, which increased by 7.1% to X tons in 2021. Over the period under review, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 32%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, oxygen-function amino-compound imports surged to $X in 2021. In general, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +90.1% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of oxygen-function amino-compound imports to Romania, with a combined 63% 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 Belgium (with a CAGR of +27.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Hungary ($X) constituted the largest oxygen-function amino-compound suppliers to Romania, with a combined 53% share of total imports.

Belgium, with a CAGR of +31.3%, 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 more modest paces of growth.

Import Prices by Country

In 2021, the average oxygen-function amino-compound import price amounted to $X per ton, rising by 21% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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