Romania: Fluorescent Brightening Agents Market 2024

Fluorescent Brightening Agents Market Size in Romania

The Romanian fluorescent brightening agents market stood at $X in 2022, picking up by 4.4% 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, consumption continues to indicate a pronounced downturn. Fluorescent brightening agents consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Fluorescent Brightening Agents Exports

Exports from Romania

After two years of growth, shipments abroad of synthetic organic products used as fluorescent brightening agents decreased by -14.5% to X tons in 2022. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2018 when exports increased by 722%. The exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, fluorescent brightening agents exports contracted rapidly to $X in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2018 when exports increased by 239% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Moldova (X tons) was the main destination for fluorescent brightening agents exports from Romania, with a 67% share of total exports. Moreover, fluorescent brightening agents exports to Moldova exceeded the volume sent to the second major destination, Italy (X tons), threefold. Austria (X kg) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume to Moldova totaled +56.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+21.0% per year) and Austria (+486.2% per year).

In value terms, Moldova ($X) remains the key foreign market for synthetic organic products used as fluorescent brightening agents exports from Romania, comprising 67% of total exports. The second position in the ranking was held by Italy ($X), with an 18% share of total exports. It was followed by Austria, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value to Moldova amounted to +49.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+25.5% per year) and Austria (+218.0% per year).

Export Prices by Country

The average fluorescent brightening agents export price stood at $X per ton in 2022, shrinking by -17.4% against the previous year. In general, the export price showed a pronounced descent. The pace of growth was the most pronounced in 2019 an increase of 173%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+63.5%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Brightening Agents Imports

Imports into Romania

Fluorescent brightening agents imports into Romania dropped to X tons in 2022, which is down by -9.8% compared with the year before. Overall, imports showed a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 149% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, fluorescent brightening agents imports surged to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 87%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), Italy (X tons) and the Netherlands (X tons) were the main suppliers of fluorescent brightening agents imports to Romania, with a combined 92% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +82.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of synthetic organic products used as fluorescent brightening agents to Romania, comprising 53% of total imports. The second position in the ranking was held by Italy ($X), with a 24% share of total imports. It was followed by Germany, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value from France stood at +79.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.2% per year) and Germany (-6.6% per year).

Import Prices by Country

The average fluorescent brightening agents import price stood at $X per ton in 2022, picking up by 31% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fluorescent brightening agents import price decreased by -32.9% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 79%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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