Romania - Phenolic Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPhenolic Resins Price in Romania - 2023
Contents:
- Phenolic Resins Price in Romania (CIF) - 2022
- Phenolic Resins Price in Romania (FOB) - 2023
- Phenolic Resins Imports in Romania
- Phenolic Resins Exports in Romania
Phenolic Resins Price in Romania (CIF) - 2022
In 2022, the average phenolic resins import price amounted to $2,939 per ton, reducing by -4.9% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phenolic resins import price increased by +59.6% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 24% against the previous year. The import price peaked at $3,090 per ton in 2021, and then dropped modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,100 per ton), while the price for Poland ($1,056 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenolic Resins Price in Romania (FOB) - 2023
The average phenolic resins export price stood at $968 per ton in June 2023, declining by -2.7% against the previous month. Over the period under review, the export price continues to indicate a mild decline. The growth pace was the most rapid in August 2022 an increase of 26% against the previous month. As a result, the export price reached the peak level of $1,176 per ton. From September 2022 to June 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In June 2023, the country with the highest price was Serbia ($1,016 per ton), while the average price for exports to Bulgaria stood at $903 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (-0.3%).
Phenolic Resins Imports in Romania
Phenolic resins imports into Romania stood at 5K tons in 2022, growing by 3.3% against 2021 figures. Overall, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 18%.
In value terms, phenolic resins imports declined slightly to $15M in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of $15M, and then reduced slightly in the following year.
Import of Phenolic Resins in Romania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 7.0 | 6.1 | 8.8 | 8.1 | 5.0% |
Germany | 1.8 | 1.5 | 2.2 | 2.4 | 10.1% |
Slovenia | 1.1 | 0.8 | 1.7 | 1.8 | 17.8% |
France | 0.2 | 0.5 | 0.8 | 1.2 | 81.7% |
Austria | 0.2 | 0.3 | 0.4 | 0.3 | 14.5% |
Spain | 0.6 | 0.3 | 0.2 | 0.2 | -30.7% |
Poland | N/A | N/A | N/A | 0.1 | 0% |
China | 0.6 | 0.4 | 0.1 | 0.1 | -45.0% |
Belarus | 0.8 | N/A | N/A | N/A | 0% |
Others | 1.0 | 0.7 | 0.7 | 0.7 | -11.2% |
Total | 13.3 | 10.6 | 14.9 | 14.6 | 3.2% |
Top Suppliers of Phenolic Resins to Romania in 2022:
- Belgium (2601.0 tons)
- Slovenia (895.3 tons)
- Germany (576.4 tons)
- France (345.0 tons)
- Austria (227.9 tons)
- Poland (129.6 tons)
- Spain (52.9 tons)
- China (10.0 tons)
Phenolic Resins Exports in Romania
For the fourth year in a row, Romania recorded growth in shipments abroad of phenolic resins in primary forms, which increased by 1.8% to 4.3K tons in 2022. The total export volume increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, phenolic resins exports skyrocketed to $4.1M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Phenolic Resins in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 1.0 | 1.5 | 1.7 | 2.1 | 28.1% |
Serbia | 1.2 | 1.0 | 1.6 | 1.9 | 16.6% |
Others | 0.4 | 0.1 | 0.1 | 0.2 | -20.6% |
Total | 2.6 | 2.7 | 3.4 | 4.1 | 16.4% |
Top Export Markets for Phenolic Resins from Romania in 2022:
- Bulgaria (2.4K tons)
- Serbia (1.8K tons)
This report provides an in-depth analysis of the phenolic resins 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 20165650 - Phenolic resins, in primary forms
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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