Zinc oxide and peroxide market in Romania

Earlier Report Observations

The Romanian zinc oxide and peroxide market volume demonstrated relative stability over the 2018-2024 period, beginning at 6 783 t and closing at 6 798 t. This overall steadiness concealed notable annual shifts, most prominently a sharp decline to 5 981 t in 2020 followed by a robust recovery to 7 341 t in 2021. In monetary terms, the market exhibited greater volatility, with its value climbing from a low of $16.4 million in 2020 to a peak of $26.4 million in 2022, before receding to $20.0 million by 2024.

Domestic production trends were a key influence on market volume, falling sharply to 5 972 t in 2020 before recovering to consistently exceed 8 400 t annually from 2021 onwards. Concurrent shifts in trade flows also shaped the market, as import volumes grew through 2022 to 4 792 t before contracting, while export activity closely tracked the production cycle, declining in 2020 and subsequently rebounding.

The market's value trajectory diverged from its volume path after 2022, with a significant correction in 2023 bringing the total value down to $18.8 million. The final year of the period saw a return to moderate growth in both volume and value, suggesting a move towards stabilization following the earlier fluctuations.

Production zinc oxide and peroxide in Romania

In value, 2017-2020, K $ US

Romania's zinc oxide and peroxide production has declined for the second year in a row. In 2020, output was valued at 12 997 thousand US dollars, marking a 31.5% drop from 2019. Production peaked in 2018 at 21 928 thousand US dollars, with a slight 0.5% increase that year. Overall, from 2017 to 2020, production fell by 40.5%, averaging an annual decline of 15.9%.

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

In kind, 2017-2020, t

Romania's zinc oxide and peroxide production has decreased for the third consecutive year. In 2020, the country produced 5 972 tonnes, down 27.2% from 2019. Over the 2017-2020 period, production dropped by 31%, with a compound annual growth rate of -11.6%.

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

Exports zinc oxide and peroxide from Romania

Exports in kind, t

Romania's zinc oxide and peroxide exports have fallen for the third year in a row. In 2020, exports amounted to 4 044 tonnes, a 27.7% decrease compared to 2019. From 2017 to 2020, exports declined by 31.4%, with a compound annual growth rate of -11.8%.

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

From 2017 to 2020, Poland, Serbia, and Bulgaria were the leading destinations for Romania's zinc oxide and peroxide exports by volume. Poland accounted for 37.7% of exports, Serbia for 25.3%, and Bulgaria for 11.5%. Together, these three countries represented 74.5% of total export flows.

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 zinc oxide and peroxide exports have declined for the third consecutive year. In 2020, exports totaled 6 646 thousand US dollars, reflecting a sharp 44.6% drop from 2019. Between 2017 and 2020, exports decreased by 51.4%, with an annualized rate of decline of 21.4%.

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

From 2017 to 2020, Poland, Serbia, and Italy were the key partners for Romania's zinc oxide and peroxide exports by value. Poland made up 33.5% of exports, Serbia 30.3%, and Italy 10.1%. Collectively, these three countries accounted for 73.9% of total export value.

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

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

Imports zinc oxide and peroxide to Romania

Imports in kind, t

Romania's zinc oxide and peroxide imports have increased for the third year in a row. In 2020, imports reached 4 053 tonnes, up 1.2% from the previous year. Over the 2017-2020 period, imports grew by 6.3%, with an annualized rate of increase of 2.0%.

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

From 2017 to 2020, Italy, Spain, and Turkey were the main sources for Romania's zinc oxide and peroxide imports by volume. Italy supplied 63.6% of imports, Spain 11.9%, and Turkey 4.0%. Together, these three countries accounted for 79.5% of total import flows.

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 zinc oxide and peroxide imports have declined for the second consecutive year. In 2020, imports were valued at 10 097 thousand US dollars, an 8.6% decrease from 2019. Imports peaked in 2018 at 12 249 thousand US dollars, with a 5.6% increase that year, followed by a 9.8% drop in 2019. Overall, from 2017 to 2020, imports fell by 12.9%, with a compound annual growth rate of -4.5%.

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

From 2017 to 2020, Italy, Spain, and Peru were the primary sources for Romania's zinc oxide and peroxide imports by value. Italy accounted for 67.4% of imports, Spain for 11.8%, and Peru for 3.1%. Together, these three countries represented 82.3% of total import value.

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

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