Amino-resins in primary forms market in Romania

Earlier Report Observations

The market for amino-resins in primary forms in Romania grew steadily from 98 181 t in 2018 to 118 906 t in 2021. During this period, the adoption of Law No. 56/2021 on food supplements established new notification and labeling rules for products containing amino acids, which affected the commercial conditions for amino-resins used in this sector.

Market volume dropped sharply to 76 131 t in 2022 before a gradual recovery to 84 679 t in 2024. The rebound was supported by Ordinance No. 5/2024, a state aid scheme for the primary agricultural sector implemented in response to the war in Ukraine, which boosted demand for chemical inputs like amino-resins in fertilizers and grain treatments. Additionally, Russia's temporary suspension of ammonium nitrate exports in March 2024 disrupted global fertilizer supply chains, creating price uncertainties and influencing raw material availability for amino-resin production in Romania.

Production amino-resins in primary forms in Romania

In value, 2017-2020, K $ US

In Romania, the output value of amino-resins in primary forms reached 29 626 K $ US in 2020, marking a slight year-on-year increase of 0.6%. However, looking at the broader period from 2018 to 2020, production declined by 13.1%, which translates to an average annual decrease of 4.6%. The lowest value was recorded in 2019 at 29 440 K $ US, with the largest decline of 13.6% also occurring that year.

Annual dynamics of production in Romania in value, 2017-2020, K $ US

In kind, 2017-2020, t

Romania produced 68 100 t of amino-resins in primary forms in 2020, showing a significant increase of 15.7% compared to the previous year. Over the three-year span from 2018 to 2020, production grew by 15.6%, with a compound annual growth rate of 4.9%. The minimum production level was in 2019 at 58 874 t, where the largest decline of 0.1% was observed.

Annual dynamics of production in Romania in kind, 2017-2020, t

Exports amino-resins in primary forms from Romania

Exports in kind, t

The market exhibited volatility during the observed period. The lowest export volume occurred in 2017, while the highest was registered in 2019, with a peak-to-trough ratio of 15 times. In 2020, Romania exported 612 t of amino-resins in primary forms, down by 1.8% from 2019. The maximum value was recorded in 2019 at 624 t, and the largest increase of 321.0% took place in 2018.

Annual dynamics of product's exports from Romania in kind, 2017-2020, t

From 2017 to 2020, Turkey accounted for 76.1% of Romania's total exports in kind of amino-resins in primary forms, with the remaining flows distributed among various smaller partners.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Romania in kind, 2017-2020

Exports in value, K $ US

Romania's export value of amino-resins in primary forms increased for the third consecutive year, reaching 1 360 K $ US in 2020, a 28.4% gain over the previous year. Over the period from 2017 to 2020, exports surged by 1474.9%, with a compound annual growth rate of 150.7%.

Annual dynamics of product's exports from Romania in value, 2017-2020, K $ US

Between 2017 and 2020, Turkey and Italy remained the top markets for Romania's exports in value terms, jointly representing 84.4% of total flows, while other partners played a supplementary role.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Romania in value, 2017-2020

Imports amino-resins in primary forms to Romania

Imports in kind, t

After two years of growth, Romania's import volumes of amino-resins in primary forms declined in 2020, with a total of 46 000 t imported, reflecting a moderate drop of 7.0% compared to 2019. Over the period from 2017 to 2020, imports increased by 28.7%, averaging an annual growth rate of 8.8%. The maximum value was recorded in 2019 at 49 830 t, where the largest increase of 26.4% occurred.

Annual dynamics of product's imports to Romania in kind, 2017-2020, t

From 2017 to 2020, Hungary, the Netherlands, and Germany were the leading suppliers of amino-resins in primary forms to Romania, accounting for 33.8%, 22.0%, and 20.2% of imports in kind, respectively. Together, they represented 76.0% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Romania in kind, 2017-2020

Imports in value, K $ US

Romania's import value of amino-resins in primary forms declined for the second consecutive year, with 2020 imports recorded at 73 970 K $ US, a 5.9% decrease from 2019. Between 2017 and 2020, imports fell by 14%, equating to an average annual decline of 4.9%. The maximum value was in 2018 at 95 029 K $ US, where the largest increase of 10.5% was noted, while the largest decline of 17.3% occurred in 2019.

Annual dynamics of product's imports to Romania in value, 2017-2020, K $ US

Throughout 2017 to 2020, Hungary, Germany, and the Netherlands formed the core of Romania's imports in value terms, with shares of 32.5%, 22.2%, and 20.5%, respectively. Collectively, they accounted for 75.2% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Romania in value, 2017-2020