Romania: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in Romania

After two years of growth, the Romanian metal pickling preparations market decreased by -19.7% to $X in 2021. Overall, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +20.8% against 2018 indices. As a result, consumption reached the peak level of $X, and then dropped sharply in the following year.

Metal Pickling Preparations Production in Romania

In value terms, metal pickling preparations production declined sharply to $X in 2021 estimated in export price. Over the period under review, the total production indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +27.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by 56%. As a result, production reached the peak level of $X, and then dropped notably in the following year.

Metal Pickling Preparations Exports

Exports from Romania

In 2021, overseas shipments of pickling preparations for metal surfaces decreased by -0.4% to X tons, falling for the third consecutive year after five years of growth. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 471%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal pickling preparations exports surged to $X in 2021. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 574% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Hungary (X tons) was the main destination for metal pickling preparations exports from Romania, with a 39% share of total exports. Moreover, metal pickling preparations exports to Hungary exceeded the volume sent to the second major destination, Germany (X tons), twofold. Serbia (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hungary totaled +81.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+107.2% per year) and Serbia (+37.1% per year).

In value terms, Hungary ($X) remains the key foreign market for pickling preparations for metal surfaces exports from Romania, comprising 48% of total exports. The second position in the ranking was taken by Germany ($X), with a 22% share of total exports. It was followed by Italy, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Hungary stood at +112.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+134.3% per year) and Italy (+65.9% per year).

Export Prices by Country

The average metal pickling preparations export price stood at $X per ton in 2021, growing by 25% against the previous year. In general, the export price recorded a remarkable increase. The pace of growth was the most pronounced in 2015 an increase of 237%. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Italy ($X per ton), while the average price for exports to Serbia ($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 Thailand (+43.1%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Pickling Preparations Imports

Imports into Romania

In 2021, the amount of pickling preparations for metal surfaces imported into Romania declined rapidly to X tons, with a decrease of -23.2% on the year before. Over the period under review, total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +3.4% 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 decreased by -25.1% against 2018 indices. The growth pace was the most rapid in 2014 when imports increased by 55% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, metal pickling preparations imports soared to $X in 2021. In general, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +10.2% 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 +51.8% against 2017 indices. The pace of growth was the most pronounced in 2013 when imports increased by 58%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Germany (X tons) constituted the largest metal pickling preparations supplier to Romania, with a 38% share of total imports. Moreover, metal pickling preparations imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. The third position in this ranking was held by Hungary (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+30.0% per year) and Hungary (+16.1% per year).

In value terms, the largest metal pickling preparations suppliers to Romania were Germany ($X), Hungary ($X) and the Czech Republic ($X), with a combined 62% share of total imports.

The Czech Republic, with a CAGR of +33.1%, 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

The average metal pickling preparations import price stood at $X per ton in 2021, surging by 52% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal pickling preparations import price increased by +73.9% against 2018 indices. 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 2021, the country with the highest price was the UK ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+30.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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