Romania: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in Romania

The Romanian scouring pastes and powders market declined notably to $X in 2021, waning by -41.8% against the previous year. Over the period under review, consumption showed a noticeable setback. Over the period under review, the market hit record highs at $X in 2020, and then contracted sharply in the following year.

Production of Scouring Pastes And Powders in Romania

In value terms, scouring pastes and powders production contracted significantly to $X in 2021 estimated in export price. Over the period under review, production saw a deep downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by 75% against the previous year. Scouring pastes and powders production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Scouring Pastes And Powders

Exports from Romania

In 2021, overseas shipments of scouring pastes and powders decreased by -3% to X tons, falling for the fifth year in a row after two years of growth. In general, exports saw a abrupt setback. The pace of growth was the most pronounced in 2016 when exports increased by 10% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, scouring pastes and powders exports surged to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Serbia (X tons), Bulgaria (X tons) and Moldova (X tons) were the main destinations of scouring pastes and powders exports from Romania, with a combined 87% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Moldova (with a CAGR of +13.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Serbia ($X) remains the key foreign market for scouring pastes and powders exports from Romania, comprising 61% of total exports. The second position in the ranking was held by Bulgaria ($X), with a 15% share of total exports. It was followed by Moldova, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Serbia totaled +1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (-8.9% per year) and Moldova (+11.0% per year).

Export Prices by Country

The average scouring pastes and powders export price stood at $X per ton in 2021, rising by 37% against the previous year. In general, export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +9.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, scouring pastes and powders export price increased by +68.5% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Bulgaria ($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 Serbia (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Scouring Pastes And Powders

Imports into Romania

In 2021, the amount of scouring pastes and powders imported into Romania declined to X tons, dropping by -10.7% against the year before. In general, imports showed a pronounced contraction. The pace of growth appeared the most rapid in 2015 when imports increased by 23%. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, scouring pastes and powders imports declined to $X in 2021. Overall, imports showed a pronounced setback. The pace of growth was the most pronounced in 2015 with an increase of 11%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Hungary (X tons) constituted the largest supplier of scouring pastes and powders to Romania, with a 73% share of total imports. Moreover, scouring pastes and powders imports from Hungary exceeded the figures recorded by the second-largest supplier, Poland (X tons), eightfold. Italy (X tons) ranked third in terms of total imports with a 3.2% share.

From 2012 to 2021, the average annual growth rate of volume from Hungary totaled -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+4.8% per year) and Italy (+2.4% per year).

In value terms, Hungary ($X) constituted the largest supplier of scouring pastes and powders to Romania, comprising 51% of total imports. The second position in the ranking was held by Poland ($X), with an 8.5% share of total imports. It was followed by Italy, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value from Hungary stood at -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+8.8% per year) and Italy (+4.2% per year).

Import Prices by Country

The average scouring pastes and powders import price stood at $X per ton in 2021, with an increase of 8.2% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 10%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

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 ($X per ton), while the price for Hungary ($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 (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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