Romania: Market for Caustic Soda in the Solid Form 2024

Market Size for Caustic Soda in the Solid Form in Romania

In 2021, the Romanian market for caustic soda in the solid form decreased by -3.9% to $X, falling for the second year in a row after three years of growth. In general, consumption continues to indicate a pronounced reduction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Caustic Soda in the Solid Form in Romania

In value terms, production of caustic soda in the solid form amounted to less than $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern.

Exports of Caustic Soda in the Solid Form

Exports from Romania

In 2021, overseas shipments of caustic soda in the solid form increased by 31% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, total exports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of caustic soda in the solid form surged to $X in 2021. Over the period under review, exports posted a perceptible increase. The pace of growth appeared the most rapid in 2017 when exports increased by 75% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Egypt (X tons) and Bulgaria (X tons) were the main destinations of exports of caustic soda in the solid form from Romania, with a combined 33% share of total exports. These countries were followed by Algeria, Serbia, Greece, Nigeria, Poland, the Czech Republic, Brazil, North Macedonia, Moldova and Slovenia, which together accounted for a further 52%.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +70.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Bulgaria ($X) and Serbia ($X) constituted the largest markets for caustic soda in the solid form exported from Romania worldwide, together accounting for 35% of total exports. These countries were followed by Greece, Algeria, Egypt, Poland, the Czech Republic, Nigeria, North Macedonia, Brazil, Moldova and Slovenia, which together accounted for a further 51%.

In terms of the main countries of destination, Slovenia, with a CAGR of +80.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for caustic soda in the solid form amounted to $X per ton, increasing by 15% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 42% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Egypt ($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 Slovenia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Caustic Soda in the Solid Form

Imports into Romania

In 2021, imports of caustic soda in the solid form into Romania surged to X tons, picking up by 75% compared with 2020 figures. Over the period under review, imports, however, saw a abrupt contraction. Over the period under review, imports of caustic soda in solid form reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of caustic soda in the solid form soared to $X in 2021. Overall, imports, however, continue to indicate a abrupt decline. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Iran (X tons) constituted the largest caustic soda in the solid form supplier to Romania, with a 46% share of total imports. Moreover, imports of caustic soda in the solid form from Iran exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Greece (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Iran amounted to +199.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+13.3% per year) and Greece (+133.8% per year).

In value terms, Iran ($X), France ($X) and Turkey ($X) constituted the largest caustic soda in the solid form suppliers to Romania, together accounting for 68% of total imports.

Iran, with a CAGR of +168.7%, recorded 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 import price for caustic soda in the solid form stood at $X per ton in 2021, with a decrease of -3.5% against the previous year. Over the period under review, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in 2018 an increase of 38%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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