Report Update Nov 1, 2024

Romania - Prepared Binders for Foundry Moulds or Cores - Market Analysis, Forecast, Size, Trends and Insights

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Romania: Prepared Binders Market 2024

Prepared Binders Market Size in Romania

The Romanian prepared binders market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, showed a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Prepared Binders Exports

Exports from Romania

In 2021, shipments abroad of prepared binders for foundry moulds or cores increased by 50% to X tons, rising for the second consecutive year after two years of decline. Overall, exports posted buoyant growth. The growth pace was the most rapid in 2015 when exports increased by 523%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, prepared binders exports skyrocketed to $X in 2021. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 358%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Italy (X tons) was the main destination for prepared binders exports from Romania, accounting for a 93% share of total exports. Moreover, prepared binders exports to Italy exceeded the volume sent to the second major destination, Hungary (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Italy stood at +72.4%.

In value terms, Italy ($X) remains the key foreign market for prepared binders for foundry moulds or cores exports from Romania, comprising 93% of total exports. The second position in the ranking was held by Hungary ($X), with a 6.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Italy stood at +112.6%.

Export Prices by Country

In 2021, the average prepared binders export price amounted to $X per ton, surging by 17% against the previous year. In general, the export price posted a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 73% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in years to come.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was Hungary ($X per ton), while the average price for exports to Italy amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+23.3%).

Prepared Binders Imports

Imports into Romania

In 2021, after three years of decline, there was significant growth in purchases abroad of prepared binders for foundry moulds or cores, when their volume increased by 64% to X tons. Over the period under review, imports, however, showed a abrupt slump. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, prepared binders imports skyrocketed to $X in 2021. Overall, imports, however, showed a noticeable decline. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), the Czech Republic (X tons) and Italy (X tons) were the main suppliers of prepared binders imports to Romania, with a combined 67% share of total imports. These countries were followed by Slovenia, Poland and Austria, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +90.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Italy ($X) appeared to be the largest prepared binders suppliers to Romania, with a combined 65% share of total imports. Slovenia, Poland and Austria lagged somewhat behind, together comprising a further 33%.

In terms of the main suppliers, Poland, with a CAGR of +75.8%, saw the highest growth rate of the value of imports, 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 prepared binders import price amounted to $X per ton, with an increase of 17% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 22%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+7.4%), 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 prepared binders for foundry moulds or cores in the world?

China remains the largest prepared binders consuming country worldwide, comprising approx. 23% of total volume. Moreover, prepared binders consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.8% share.

What are the largest producers of prepared binders for foundry moulds or cores in the world?

The country with the largest volume of prepared binders production was China, comprising approx. 24% of total volume. Moreover, prepared binders production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Germany, with a 9.9% share.

What are the leading suppliers of prepared binders for foundry moulds or cores to Romania?

In value terms, Germany, Italy and Austria appeared to be the largest prepared binders suppliers to Romania, together comprising 63% of total imports. These countries were followed by the Czech Republic, Slovenia, Bulgaria and Hungary, which together accounted for a further 35%.

What are the leading importers of prepared binders for foundry moulds or cores from Romania?

In value terms, Italy remains the key foreign market for prepared binders exports from Romania, comprising 90% of total exports. The second position in the ranking was occupied by Hungary, with a 7.7% share of total exports.

What is the average export price for prepared binders for foundry moulds or cores in Romania?

The average prepared binders export price stood at $9,813 per ton in 2020, surging by 63% against the previous year.

What is the average import price for prepared binders for foundry moulds or cores in Romania?

In 2020, the average prepared binders import price amounted to $2,039 per ton, flattening at the previous year.

This report provides an in-depth analysis of the prepared binders 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 20595720 - Prepared binders for foundry moulds or cores

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