Report Update Nov 1, 2024

Romania - Phosphates of Mono- or Di-Sodium - Market Analysis, Forecast, Size, Trends and Insights

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Romania: Sodium Phosphates Market 2024

Sodium Phosphates Market Size in Romania

In 2021, after four years of decline, there was significant growth in the Romanian sodium phosphates market, when its value increased by 128% to $X. Overall, consumption, however, showed a pronounced slump. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Sodium Phosphates Exports

Exports from Romania

In 2021, sodium phosphates exports from Romania declined dramatically to X tons, dropping by -22.3% compared with the previous year. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 2,818%. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, sodium phosphates exports shrank dramatically to $X in 2021. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 2,574%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Moldova (X tons) was the main destination for sodium phosphates exports from Romania, accounting for a 99% share of total exports. It was followed by Bulgaria (X kg), with a 1.4% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Moldova totaled +92.5%.

In value terms, Moldova ($X) remains the key foreign market for phosphates of mono- or di-sodium exports from Romania, comprising 98% of total exports. The second position in the ranking was held by Bulgaria ($X), with a 1.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Moldova amounted to +53.6%.

Export Prices by Country

The average sodium phosphates export price stood at $X per ton in 2021, surging by 2.8% against the previous year. Overall, the export price, however, saw a slight decline. The pace of growth was the most pronounced in 2020 an increase of 12% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Moldova totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+1.2%), while the prices for the other major destinations experienced a decline.

Sodium Phosphates Imports

Imports into Romania

In 2021, supplies from abroad of phosphates of mono- or di-sodium increased by 131% to X tons for the first time since 2016, thus ending a four-year declining trend. Overall, imports, however, continue to indicate a noticeable decrease. The growth pace was the most rapid in 2015 with an increase of 190%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, sodium phosphates imports skyrocketed to $X in 2021. In general, imports, however, saw a slight contraction. The pace of growth was the most pronounced in 2015 when imports increased by 132% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Poland (X tons) constituted the largest sodium phosphates supplier to Romania, accounting for a 56% share of total imports. Moreover, sodium phosphates imports from Poland exceeded the figures recorded by the second-largest supplier, Hungary (X tons), fourfold. The third position in this ranking was held by Belgium (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Poland amounted to +114.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-5.2% per year) and Belgium (+65.3% per year).

In value terms, Poland ($X) constituted the largest supplier of phosphates of mono- or di-sodium to Romania, comprising 39% of total imports. The second position in the ranking was held by Hungary ($X), with a 19% share of total imports. It was followed by Belgium, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland totaled +86.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+10.6% per year) and Belgium (+43.0% per year).

Import Prices by Country

The average sodium phosphates import price stood at $X per ton in 2021, dropping by -6.5% against the previous year. Overall, the import price, however, posted a moderate expansion. The pace of growth appeared the most rapid in 2017 an increase of 38%. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then contracted in the following year.

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 Germany ($X per ton), while the price for Poland ($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 (+16.6%), 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 phosphates of mono- or di-sodium in the world?

The countries with the highest volumes of sodium phosphates consumption in 2021 were Sweden, the United States and Kenya, with a combined 33% share of global consumption.

What are the largest producers of phosphates of mono- or di-sodium in the world?

China constituted the country with the largest volume of sodium phosphates production, accounting for 52% of total volume. Moreover, sodium phosphates production in China exceeded the figures recorded by the second-largest producer, Sweden, threefold. Germany ranked third in terms of total production with a 15% share.

What are the leading suppliers of phosphates of mono- or di-sodium to Romania?

In value terms, Poland constituted the largest supplier of sodium phosphates to Romania, comprising 39% of total imports. The second position in the ranking was occupied by Hungary, with a 19% share of total imports. It was followed by Belgium, with a 17% share.

What are the leading importers of phosphates of mono- or di-sodium from Romania?

In value terms, Moldova remains the key foreign market for sodium phosphates exports from Romania.

What is the average export price for phosphates of mono- or di-sodium in Romania?

In 2021, the average sodium phosphates export price amounted to $2,314 per ton, declining by -3.7% against the previous year.

What is the average import price for phosphates of mono- or di-sodium in Romania?

The average sodium phosphates import price stood at $2,594 per ton in 2021, which is down by -6.6% against the previous year.

This report provides an in-depth analysis of the sodium phosphates 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 20134230 - Phosphates of mono- or di-sodium

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