Waxes; Artificial, Prepared Price in Romania - 2023
Contents:
- Waxes; Artificial, Prepared Price in Romania (CIF) - 2023
- Waxes; Artificial, Prepared Price in Romania (FOB) - 2022
- Waxes; Artificial, Prepared Imports in Romania
- Waxes; Artificial, Prepared Exports in Romania
Waxes; Artificial, Prepared Price in Romania (CIF) - 2023
The average waxes; artificial, prepared import price stood at $3,312 per ton in July 2023, with an increase of 10% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 20% against the previous month. As a result, import price reached the peak level of $3,605 per ton. From March 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,956 per ton), while the price for Spain ($2,223 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Hungary (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Waxes; Artificial, Prepared Price in Romania (FOB) - 2022
The average waxes; artificial, prepared export price stood at $4,132 per ton in 2022, reducing by -20.7% against the previous year. Over the period under review, the export price, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2020 an increase of 135%. As a result, the export price reached the peak level of $6,476 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($13,896 per ton), while the average price for exports to Austria ($1,977 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 Poland (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.
Waxes; Artificial, Prepared Imports in Romania
In 2022, the amount of waxes; artificial, prepared imported into Romania dropped rapidly to 4.8K tons, falling by -15% on the year before. Overall, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year.
In value terms, waxes; artificial, prepared imports rose rapidly to $14M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Waxes; Artificial, Prepared in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.3 | 2.5 | 3.2 | 3.7 | 3.9% |
| Hungary | 2.2 | 1.5 | 3.1 | 3.2 | 13.3% |
| Italy | 1.6 | 2.3 | 2.3 | 2.4 | 14.5% |
| Poland | 1.0 | 0.9 | 0.8 | 1.0 | 0.0% |
| United Kingdom | 0.4 | 0.4 | 0.7 | 0.7 | 20.5% |
| Belarus | 0.1 | N/A | 0.4 | 0.5 | 71.0% |
| Belgium | 0.6 | 0.3 | 0.6 | 0.4 | -12.6% |
| Spain | 0.3 | 0.5 | 0.6 | 0.4 | 10.1% |
| Others | 1.4 | 1.0 | 1.4 | 1.4 | 0.0% |
| Total | 10.9 | 9.5 | 13.0 | 13.7 | 7.9% |
Top Suppliers of Waxes; Artificial, Prepared to Romania in 2022:
- Hungary (1672.9 tons)
- Germany (994.7 tons)
- Italy (760.8 tons)
- Poland (355.9 tons)
- Belarus (267.0 tons)
- United Kingdom (177.2 tons)
- Spain (151.1 tons)
- Belgium (90.5 tons)
Waxes; Artificial, Prepared Exports in Romania
In 2022, the amount of waxes; artificial, prepared exported from Romania declined significantly to 67 tons, waning by -15.1% on the previous year. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 53%.
In value terms, waxes; artificial, prepared exports shrank dramatically to $275K in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. As a result, the exports attained the peak of $409K, and then declined significantly in the following year.
| Export of Waxes; Artificial, Prepared in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 27.5 | 23.8 | 78.8 | 86.9 | 46.7% |
| China | 79.5 | 186 | 120 | 56.1 | -11.0% |
| Greece | 61.4 | 49.3 | 15.9 | 32.0 | -19.5% |
| Slovakia | 1.7 | 1.0 | 84.9 | 22.0 | 134.8% |
| Austria | 1.9 | 0.4 | 5.8 | 17.0 | 107.6% |
| Moldova | 11.7 | 15.8 | 16.1 | 12.0 | 0.8% |
| Bulgaria | 4.0 | 6.3 | 13.9 | 9.9 | 35.3% |
| France | 16.6 | 6.8 | 17.0 | 7.9 | -21.9% |
| Poland | 26.6 | N/A | N/A | 6.6 | -37.2% |
| Belgium | 2.6 | N/A | 2.6 | 6.0 | 32.1% |
| Turkey | N/A | N/A | N/A | 5.5 | 0% |
| Slovenia | 9.4 | N/A | N/A | 0.6 | -60.0% |
| Others | 31.9 | 42.4 | 53.3 | 12.4 | -27.0% |
| Total | 275 | 331 | 409 | 275 | 0.0% |
Top Export Markets for Waxes; Artificial, Prepared from Romania in 2022:
- Hungary (25.6 tons)
- Austria (8.6 tons)
- Greece (8.2 tons)
- Slovakia (6.4 tons)
- China (4.0 tons)
- France (3.0 tons)
- Moldova (2.0 tons)
- Bulgaria (2.0 tons)
- Poland (1.4 tons)
- Belgium (1.4 tons)
- Turkey (1.3 tons)
- Slovenia (0.2 tons)
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