Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Romania - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Romania (CIF) - 2024
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Romania (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Romania
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Romania
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Romania (CIF) - 2024
The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $790 per ton in September 2023, reducing by -9.9% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 22% m-o-m. As a result, import price reached the peak level of $1,022 per ton. From May 2023 to September 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From March 2023 to September 2023, the rate of growth in terms of prices for China amounted to +1.0% per month.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Romania (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $1,209 per ton in 2022, declining by -20.4% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 67% against the previous year. As a result, the export price reached the peak level of $1,879 per ton. From 2014 to 2022, the average 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 ($1,615 per ton), while the average price for exports to Greece ($732 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 Bulgaria (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Romania
Imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses into Romania shrank to 2.4K tons in 2022, with a decrease of -13% against the previous year. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 14%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses surged to $3M in 2022. In general, imports showed a perceptible setback. The pace of growth appeared the most rapid in 2021 when imports increased by 42%.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 890 | 1,135 | 1,465 | 1,843 | 27.5% |
| China | 132 | 244 | 518 | 347 | 38.0% |
| Norway | 50.0 | 11.7 | 2.1 | 333 | 88.1% |
| Netherlands | 310 | 254 | 352 | 219 | -10.9% |
| Hungary | 31.4 | 17.1 | 43.8 | 113 | 53.2% |
| Poland | 35.9 | 20.8 | 79.2 | 68.2 | 23.9% |
| Turkey | 58.8 | N/A | 21.2 | 40.3 | -11.8% |
| Others | 1,934 | 112 | 60.5 | 62.6 | -68.1% |
| Total | 3,442 | 1,795 | 2,541 | 3,026 | -4.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Romania in 2022:
- Germany (1596.7 tons)
- China (252.9 tons)
- Norway (183.6 tons)
- Netherlands (154.3 tons)
- Hungary (92.8 tons)
- Poland (50.8 tons)
- Turkey (40.0 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Romania
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; salts of formic acidses exported from Romania surged to 130 tons, rising by 150% on the previous year. Overall, exports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 268%. As a result, the exports reached the peak of 723 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses surged to $157K in 2022. Over the period under review, exports, however, continue to indicate a pronounced setback. The growth pace was the most rapid in 2020 when exports increased by 341%. As a result, the exports attained the peak of $794K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 28.8 | 39.8 | 17.8 | 89.4 | 45.9% |
| Greece | N/A | N/A | N/A | 24.9 | 0% |
| Georgia | N/A | N/A | N/A | 18.5 | 0% |
| Moldova | 61.3 | 56.2 | 42.6 | 14.5 | -38.2% |
| Hungary | N/A | 7.2 | 2.9 | 8.2 | 6.7% |
| Algeria | N/A | 691 | N/A | N/A | 0% |
| Others | 90.1 | N/A | 15.3 | 1.3 | -75.7% |
| Total | 180 | 794 | 78.7 | 157 | -4.5% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Romania in 2022:
- Bulgaria (55.3 tons)
- Greece (34.0 tons)
- Georgia (18.9 tons)
- Moldova (10.3 tons)
- Hungary (9.6 tons)
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