Report Update May 1, 2024

Romania - Phosphatic Fertilizers - Market Analysis, Forecast, Size, Trends and Insights

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Romania: Phosphatic Fertilizer Market 2024

Phosphatic Fertilizer Market Size in Romania

The Romanian phosphatic fertilizer market contracted notably to $X in 2022, reducing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a buoyant expansion. Over the period under review, the market hit record highs at $X in 2021, and then dropped rapidly in the following year.

Phosphatic Fertilizer Exports

Exports from Romania

In 2022, overseas shipments of phosphatic fertilizers increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports posted strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, phosphatic fertilizer exports skyrocketed to $X in 2022. In general, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Bulgaria (X tons) was the main destination for phosphatic fertilizer exports from Romania, accounting for a X% share of total exports. Moreover, phosphatic fertilizer exports to Bulgaria exceeded the volume sent to the second major destination, Moldova (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (X% per year) and Hungary (X% per year).

In value terms, Bulgaria ($X) remains the key foreign market for phosphatic fertilizers exports from Romania, comprising X% of total exports. The second position in the ranking was taken by Moldova ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Bulgaria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (X% per year) and Hungary (X% per year).

Export Prices by Country

In 2022, the average phosphatic fertilizer export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price saw a mild contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Bulgaria ($X 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 Hungary (X%), while the prices for the other major destinations experienced a decline.

Phosphatic Fertilizer Imports

Imports into Romania

In 2022, the amount of phosphatic fertilizers imported into Romania contracted markedly to X tons, shrinking by X% on the previous year's figure. Over the period under review, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at X tons in 2021, and then reduced notably in the following year.

In value terms, phosphatic fertilizer imports fell dramatically to $X in 2022. In general, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2021, and then declined rapidly in the following year.

Imports by Country

Morocco (X tons), Egypt (X tons) and Bulgaria (X tons) were the main suppliers of phosphatic fertilizer imports to Romania, with a combined X% share of total imports. Serbia, Turkey, Greece and Lebanon lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest phosphatic fertilizer suppliers to Romania were Bulgaria ($X), Morocco ($X) and Egypt ($X), together comprising X% of total imports. Serbia, Turkey, Greece and Lebanon lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Serbia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average phosphatic fertilizer import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price recorded a mild expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for phosphatic fertilizers in the world?

The countries with the highest volumes of consumption in 2023 were Brazil, India and Indonesia, with a combined 49% share of global consumption. Israel, China, Vietnam, Mexico, Bangladesh, Egypt, Belarus and the United States lagged somewhat behind, together comprising a further 28%.

What are the largest producers of phosphatic fertilizers in the world?

The countries with the highest volumes of production in 2022 were India, Brazil and China, with a combined 46% share of global production. Israel, Morocco, Vietnam, Mexico, Egypt, Belarus, Argentina, Indonesia, Spain and Poland lagged somewhat behind, together accounting for a further 37%.

What are the leading suppliers of phosphatic fertilizers to Romania?

In value terms, Bulgaria, Morocco and Egypt constituted the largest phosphatic fertilizer suppliers to Romania, together accounting for 53% of total imports. Serbia, Turkey, Greece and Lebanon lagged somewhat behind, together accounting for a further 32%.

What are the leading importers of phosphatic fertilizers from Romania?

In value terms, Bulgaria remains the key foreign market for phosphatic fertilizers exports from Romania, comprising 82% of total exports. The second position in the ranking was taken by Moldova, with a 17% share of total exports.

What is the average export price for phosphatic fertilizers in Romania?

In 2022, the average phosphatic fertilizer export price amounted to $565 per ton, which is down by -1.6% against the previous year.

What is the average import price for phosphatic fertilizers in Romania?

In 2022, the average phosphatic fertilizer import price amounted to $440 per ton, surging by 94% against the previous year.

This report provides an in-depth analysis of the phosphatic fertilizer 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:

FCL 4012 - Superphosphates above 35%
FCL 4013 - Superphosphates, other
FCL 4014 - Other phosphatic fertilizers, n.e.c.

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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