Romania - Aluminium Hydroxide - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Romania - Aluminium Hydroxide - Market Analysis, Forecast, Size, Trends And Insights

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Aluminium Hydroxide Price in Romania - 2023

Contents:

  1. Aluminium Hydroxide Price in Romania (FOB) - 2023
  2. Aluminium Hydroxide Price in Romania (CIF) - 2023
  3. Aluminium Hydroxide Exports in Romania
  4. Aluminium Hydroxide Imports in Romania

Aluminium Hydroxide Price in Romania (FOB) - 2023

The average aluminium hydroxide export price stood at $354 per ton in August 2023, approximately mirroring the previous month. Over the period under review, the export price recorded a perceptible setback. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 224% month-to-month. The export price peaked at $575 per ton in January 2023; however, from February 2023 to August 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In August 2023, the country with the highest price was Colombia ($354 per ton), while the average price for exports to Serbia amounted to $354 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+48.5%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Hydroxide Price in Romania (CIF) - 2023

In August 2023, the average aluminium hydroxide import price amounted to $373 per ton, with a decrease of -18.9% against the previous month. Over the period under review, import price indicated a modest increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, aluminium hydroxide import price decreased by -23.3% against June 2023 indices. The pace of growth appeared the most rapid in January 2023 an increase of 53% month-to-month. As a result, import price attained the peak level of $613 per ton. From February 2023 to August 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Bosnia and Herzegovina.

From August 2022 to August 2023, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +2.1% per month.

Aluminium Hydroxide Exports in Romania

In 2022, after three years of growth, there was significant decline in overseas shipments of aluminium hydroxide, when their volume decreased by -88.8% to 12K tons. Overall, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. As a result, the exports attained the peak of 109K tons, and then declined significantly in the following year.

In value terms, aluminium hydroxide exports declined rapidly to $3.7M in 2022. In general, exports faced a sharp descent. The pace of growth was the most pronounced in 2021 when exports increased by 28%.

Export of Aluminium Hydroxide in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia1.01.02.11.411.9%
Ecuador0.40.20.60.826.0%
Ukraine1.51.01.50.3-41.5%
Peru1.80.81.60.3-45.0%
PolandN/AN/A0.20.20.0%
MoroccoN/AN/AN/A0.20%
Italy10.76.05.80.1-78.9%
South Korea0.60.8N/AN/A33.3%
Hungary1.00.70.8N/A-10.6%
Pakistan0.40.30.5N/A11.8%
Turkey3.14.76.3N/A42.6%
Others1.91.82.60.3-46.0%
Total22.417.222.03.7-45.1%

Top Export Markets for Aluminium Hydroxide from Romania in 2022:

  1. Ecuador (3.9K tons)
  2. Colombia (3.4K tons)
  3. Ukraine (1.6K tons)
  4. Peru (0.8K tons)
  5. Morocco (0.7K tons)
  6. Italy (0.6K tons)
  7. Poland (0.5K tons)
  8. Hungary (0.1K tons)

Aluminium Hydroxide Imports in Romania

In 2022, approx. 5.5K tons of aluminium hydroxide were imported into Romania; picking up by 58% on the previous year's figure. In general, imports saw strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium hydroxide imports soared to $1.9M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Aluminium Hydroxide in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina6694756781,48630.5%
Italy65.911210715934.1%
Germany278331260135-21.4%
Netherlands91.41011494.1-64.5%
Others15968.6119130-6.5%
Total1,2631,0881,3121,91314.8%

Top Suppliers of Aluminium Hydroxide to Romania in 2022:

  1. Netherlands (undefinedK tons)
  2. Bosnia and Herzegovina (5.1K tons)
  3. Italy (0.2K tons)
  4. Germany (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aluminium hydroxide 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 20132570 - Aluminium hydroxide

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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