Price for Poly(Lactic Acid); in Primary Forms in Romania - 2023

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Romania (CIF) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in Romania (FOB) - 2022
  3. Imports of Poly(Lactic Acid); in Primary Forms in Romania
  4. Exports of Poly(Lactic Acid); in Primary Forms in Romania

Price for Poly(Lactic Acid); in Primary Forms in Romania (CIF) - 2022

The average import price for poly(lactic acid); in primary formses stood at $3,902 per ton in 2022, growing by 11% against the previous year. Overall, the import price, however, showed a slight decline. The growth pace was the most rapid in 2018 an increase of 24%. The import price peaked at $5,173 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($4,350 per ton), while the price for Slovakia ($2,447 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.6%), while the prices for the other major suppliers experienced a decline.

Price for Poly(Lactic Acid); in Primary Forms in Romania (FOB) - 2022

The average export price for poly(lactic acid); in primary formses stood at $3,206 per ton in 2022, shrinking by -12.9% against the previous year. Over the period under review, the export price, however, posted perceptible growth. The growth pace was the most rapid in 2019 an increase of 169%. The export price peaked at $18,338 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Spain ($3,678 per ton) and Croatia ($3,520 per ton), while the average price for exports to the Netherlands ($2,580 per ton) and Italy ($2,806 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+38.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Poly(Lactic Acid); in Primary Forms in Romania

In 2022, supplies from abroad of poly(lactic acid); in primary formses decreased by -26.7% to 39 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 57% against the previous year.

In value terms, poly(lactic acid); in primary forms imports plummeted to $151K in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports attained the peak of $185K, and then contracted dramatically in the following year.

Import of Poly(Lactic Acid); in Primary Forms in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium4.912.440.238.097.9%
Netherlands16.071.212032.626.8%
TurkeyN/AN/A0.313.34333.3%
Slovakia11.9N/AN/A11.90.0%
France15.014.00.28.5-17.2%
Hungary9.6N/AN/A5.5-16.9%
Italy3.27.419.74.713.7%
Germany7.33.82.94.2-16.8%
Bulgaria0.415.10.62.481.7%
Others58.919.51.229.9-20.2%
Total1271431851515.9%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Romania in 2022:

  1. Belgium (11.6 tons)
  2. Netherlands (9.2 tons)
  3. Slovakia (4.9 tons)
  4. Turkey (3.0 tons)
  5. France (2.9 tons)
  6. Hungary (1.6 tons)
  7. Italy (1.2 tons)
  8. Bulgaria (1.1 tons)
  9. Germany (1.0 tons)

Exports of Poly(Lactic Acid); in Primary Forms in Romania

In 2022, poly(lactic acid); in primary forms exports from Romania declined notably to 2.9 tons, reducing by -51.8% on the previous year's figure. Over the period under review, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2021 with an increase of 17,009%. As a result, the exports attained the peak of 6 tons, and then declined markedly in the following year.

In value terms, poly(lactic acid); in primary forms exports declined notably to $9.2K in 2022. In general, exports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 3,371% against the previous year.

Export of Poly(Lactic Acid); in Primary Forms in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece0.6N/A5.24.595.7%
Italy3.90.11.41.9-21.3%
CroatiaN/AN/A14.61.4-90.4%
NetherlandsN/AN/AN/A1.10%
SpainN/AN/AN/A0.30%
United KingdomN/AN/A0.6N/A0%
Poland1.5N/AN/AN/A0%
Ukraine25.40.4N/AN/A-98.4%
Others0.30.10.3N/A0.0%
Total31.80.622.09.3-33.6%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from Romania in 2022:

  1. Greece (1290.0 kg)
  2. Italy (682.0 kg)
  3. Netherlands (430.0 kg)
  4. Croatia (400.0 kg)
  5. Spain (82.0 kg)

Source: IndexBox Market Intelligence Platform

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