Report Update Nov 1, 2024

Romania - Silver Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Romania: Silver Nitrate Market 2024

Silver Nitrate Market Size in Romania

The Romanian silver nitrate market soared to $X in 2021, growing by 40% 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 slight growth from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -25.8% against 2017 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Silver Nitrate Exports

Exports from Romania

In 2021, after three years of decline, there was decline in overseas shipments of silver nitrate, when their volume decreased by 0% to X kg. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 567%. As a result, the exports reached the peak of X kg. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, silver nitrate exports amounted to $X in 2021. Overall, exports saw a noticeable slump. The smallest decline of -82.1% was in 2017. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Hungary (X kg) was the main destination for silver nitrate exports from Romania, with a approx. 100% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to Hungary totaled -52.7%.

From 2013 to 2021, the average annual growth rate of value to Hungary stood at +27.5%.

Export Prices by Country

The average silver nitrate export price stood at $X per ton in 2021, approximately mirroring the previous year. Overall, the export price continues to indicate a remarkable increase. The growth pace was the most rapid in 2018 when the average export price decreased by -78.2% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Hungary.

From 2013 to 2021, the rate of growth in terms of prices for Hungary amounted to +169.6% per year.

Silver Nitrate Imports

Imports into Romania

In 2021, silver nitrate imports into Romania reduced slightly to X kg, leveling off at 2020 figures. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 58% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, silver nitrate imports skyrocketed to $X in 2021. Overall, imports, however, posted a slight increase. The most prominent rate of growth was recorded in 2019 when imports increased by 163%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

Spain (X kg), Switzerland (X kg) and Germany (X kg) were the main suppliers of silver nitrate imports to Romania, together accounting for 71% of total imports. These countries were followed by Austria, Hungary, Poland and the Netherlands, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +39.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) constituted the largest supplier of silver nitrate to Romania, comprising 64% of total imports. The second position in the ranking was taken by Germany ($X), with a 22% share of total imports. It was followed by Spain, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value from Switzerland stood at +44.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.0% per year) and Spain (+18.5% per year).

Import Prices by Country

In 2021, the average silver nitrate import price amounted to $X per ton, picking up by 90% against the previous year. In general, the import price recorded a slight expansion. The pace of growth appeared the most rapid in 2019 an increase of 111%. The import price peaked in 2021 and is expected to retain growth in years to come.

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 Switzerland ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+15.3%), 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 silver nitrate in the world?

The countries with the highest volumes of silver nitrate consumption in 2021 were the Netherlands, Germany and South Africa, with a combined 41% share of global consumption. These countries were followed by France, the Czech Republic, Poland, Italy, Spain, Canada, Turkey, Brazil, India and Saudi Arabia, which together accounted for a further 46%.

What are the largest producers of silver nitrate in the world?

The countries with the highest volumes of silver nitrate production in 2021 were the UK, Germany and Belgium, together accounting for 64% of global production. These countries were followed by South Africa, the United States, France, Italy and Brazil, which together accounted for a further 27%.

What are the leading suppliers of silver nitrate to Romania?

In value terms, Switzerland constituted the largest supplier of silver nitrate to Romania, comprising 64% of total imports. The second position in the ranking was occupied by Germany, with a 22% share of total imports. It was followed by Spain, with a 5.4% share.

What is the average export price for silver nitrate in Romania?

In 2021, the average silver nitrate export price amounted to $87,200 per ton, remaining constant against the previous year.

What is the average import price for silver nitrate in Romania?

The average silver nitrate import price stood at $344,495 per ton in 2021, with an increase of 49% against the previous year.

This report provides an in-depth analysis of the silver nitrate 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 20135183 - Silver nitrate

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