Undenatured ethyl alcohol with ABV of ≥80% market in Romania

Earlier Report Observations

The Romanian market for undenatured ethyl alcohol with ABV of ≥80% experienced significant volatility between 2018 and 2024. Overall consumption grew by 86% from 118.6 million liters to 221.0 million liters, but this growth was not linear, featuring a major surge in 2019 followed by a contraction and a subsequent rebound.

Market volume jumped to 200.1 million liters in 2019, an increase of 69% from the previous year. After a slight decline over the next three years, consumption dropped sharply to 150.1 million liters in 2023, a 19% decrease from 2022. The market then recovered strongly in 2024, reaching a new high of 221.0 million liters.

Domestic production remained at a low level throughout the period, fluctuating between 1.3 and 2.5 million liters. Consequently, the market size was primarily driven by changes in import volumes, which accounted for the vast majority of supply.

Production undenatured ethyl alcohol with ABV of ≥80% in Romania

In value, 2017-2020, K $ US

In Romania, the production value of undenatured ethyl alcohol with an alcohol by volume (ABV) of 80% or higher reached 9 655 thousand US dollars in 2020. This represents a significant increase of 51.2% compared to 2019. Over the four-year period from 2017 to 2020, production grew by 54.2%, with an average annual growth rate of 15.5%. The most notable decline occurred in 2019, when production fell by 11.9%.

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

In kind, 2017-2020, K l

Market performance showed noticeable fluctuations during the period. In 2019, production of undenatured ethyl alcohol with an ABV of 80% or higher in Romania hit its lowest point at 1 278 thousand liters, marking a decline of 13.5%. However, by 2020, production surged dramatically to 2 314 thousand liters, an 81.0% increase from the previous year. Overall, import levels varied significantly, with a 1.8-fold difference between the low in 2019 and the high in 2020.

Annual dynamics of production in Romania in kind, 2017-2020, K l

Exports undenatured ethyl alcohol with ABV of ≥80% from Romania

Exports in kind, M l

Romania's exports of undenatured ethyl alcohol with an ABV of 80% or higher declined for the third consecutive year. In 2020, exports totaled zero million liters, a sharp decrease of 99.1% compared to the previous year. From 2017 to 2020, exports fell by 99.7%, which translates to an annualized decline rate of 85.3%.

Annual dynamics of product's exports from Romania in kind, 2017-2020, M l

Between 2017 and 2020, Greece and Bulgaria were the primary destinations for Romania's exports of undenatured ethyl alcohol with an ABV of 80% or higher, jointly accounting for 89.9% of the total export volume. The remaining exports were distributed among various smaller markets.

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, M $ US

Romania's export value of undenatured ethyl alcohol with an ABV of 80% or higher declined for the third year in a row. In 2020, exports amounted to zero million US dollars, a decrease of 97.8% from the previous year. Over the period from 2017 to 2020, exports dropped by 99.3%, with an average annual decline rate of 81.2%.

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

From 2017 to 2020, Greece and Bulgaria played leading roles in Romania's exports of undenatured ethyl alcohol with an ABV of 80% or higher in value terms, together making up 89.7% of total export flows. The remaining share was spread across other countries.

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

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

Imports undenatured ethyl alcohol with ABV of ≥80% to Romania

Imports in kind, M l

After two years of growth, Romania's imports of undenatured ethyl alcohol with an ABV of 80% or higher declined. In 2020, imports totaled 184.1 million liters, which is 8.0% lower than in 2019. The highest import volume was recorded in 2019 at 200.0 million liters, representing a substantial increase of 68.9%. Overall, from 2017 to 2020, imports rose by 59.1%, with an average annual growth rate of 16.7%.

Annual dynamics of product's imports to Romania in kind, 2017-2020, M l

Throughout the period from 2017 to 2020, Hungary was the dominant source for Romania's imports of undenatured ethyl alcohol with an ABV of 80% or higher, accounting for 76.9% of the total import volume. The rest was shared among many other countries, each with smaller individual shares.

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, M $ US

The market exhibited volatility during the observed period. In 2017, import values of undenatured ethyl alcohol with an ABV of 80% or higher in Romania reached their lowest point, while they peaked in 2019, showing a 1.9-fold difference between these years. In 2020, imports amounted to 127.6 million US dollars, showing no significant change from 2019. The highest value was recorded in 2019 at 127.9 million US dollars, marking an increase of 84.4%.

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

From 2017 to 2020, Hungary was the dominant supplier of undenatured ethyl alcohol with an ABV of 80% or higher to Romania in value terms, accounting for 75.9% of total imports. Other countries shared the remaining volume.

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

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