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Romania - Palmitic Acid, Stearic Acid, Their Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Palmitic Acid, Stearic Acid, Their Salts and Esters in Romania - 2023
Contents:
- Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Romania (CIF) - 2023
- Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Romania (FOB) - 2022
- Imports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Romania
- Exports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Romania
Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Romania (CIF) - 2023
In September 2023, the average import price for palmitic acid, stearic acid, their salts and esters amounted to $2,524 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 29% against the previous month. As a result, import price reached the peak level of $3,314 per ton. From July 2023 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($5,040 per ton), while the price for Turkey ($1,816 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Romania (FOB) - 2022
In 2022, the average export price for palmitic acid, stearic acid, their salts and esters amounted to $3,744 per ton, which is down by -27.3% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 140% against the previous year. As a result, the export price reached the peak level of $5,151 per ton, and then reduced notably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($7,429 per ton), while the average price for exports to Bulgaria ($2,207 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 Russia (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Romania
In 2022, purchases abroad of palmitic acid, stearic acid, their salts and esters decreased by -4% to 2K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a perceptible reduction. The growth pace was the most rapid in 2020 when imports increased by 3.2% against the previous year. As a result, imports reached the peak of 2.2K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of palmitic acid, stearic acid, their salts and esters expanded rapidly to $5.6M in 2022. The total import value increased at an average annual rate of +11.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Palmitic Acid, Stearic Acid, Their Salts and Esters in Romania (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 2,171 | 2,450 | 2,546 | 3,519 | 17.5% |
Turkey | 116 | 200 | 855 | 527 | 65.6% |
Germany | 515 | 637 | 489 | 483 | -2.1% |
Austria | 106 | 61.0 | 61.6 | 306 | 42.4% |
Czech Republic | 12.7 | 1.5 | 50.3 | 162 | 133.7% |
France | 187 | 58.5 | 282 | 155 | -6.1% |
Spain | 268 | 398 | 256 | 82.1 | -32.6% |
Malaysia | N/A | N/A | N/A | 53.9 | 0% |
Others | 692 | 413 | 510 | 335 | -21.5% |
Total | 4,068 | 4,219 | 5,050 | 5,622 | 11.4% |
Top Suppliers of Palmitic Acid, Stearic Acid, Their Salts and Esters to Romania in 2022:
- Italy (1357.7 tons)
- Germany (176.8 tons)
- Turkey (123.5 tons)
- Austria (96.2 tons)
- France (34.1 tons)
- Czech Republic (34.0 tons)
- Malaysia (32.0 tons)
- Spain (21.0 tons)
Exports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Romania
In 2022, exports of palmitic acid, stearic acid, their salts and esters from Romania skyrocketed to 24 tons, growing by 72% on the previous year. Overall, exports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 103% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of palmitic acid, stearic acid, their salts and esters soared to $90K in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 386%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Palmitic Acid, Stearic Acid, Their Salts and Esters in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 0.2 | N/A | 3.5 | 23.6 | 390.5% |
Bulgaria | 8.3 | 10.9 | 22.5 | 22.3 | 39.0% |
Germany | N/A | N/A | N/A | 22.1 | 0% |
United Kingdom | N/A | N/A | N/A | 11.7 | 0% |
Italy | N/A | N/A | N/A | 2.7 | 0% |
Moldova | 4.5 | 0.8 | 0.9 | 1.9 | -25.0% |
Greece | N/A | N/A | 7.8 | 0.3 | -96.2% |
Netherlands | N/A | N/A | 3.0 | 0.1 | -96.7% |
Others | 10.3 | 3.1 | 34.5 | 5.8 | -17.4% |
Total | 23.4 | 14.8 | 72.1 | 90.4 | 56.9% |
Top Export Markets for Palmitic Acid, Stearic Acid, Their Salts and Esters from Romania in 2022:
- Bulgaria (10.1 tons)
- Turkey (6.6 tons)
- Germany (3.0 tons)
- United Kingdom (2.5 tons)
- Italy (1.1 tons)
- Moldova (0.3 tons)
- Netherlands (0.1 tons)
- Greece (0.1 tons)
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters 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 20143235 - Palmitic acid, stearic acid, their salts and esters
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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