Romania's Bentonite Industry Booms in 2024: Exports, Imports Surge
Romania's bentonite industry experienced significant growth and shifts in 2024. Exports and imports both surged, with notable changes in key trading partners and market dynamics.
Bentonite exports in value terms reached an all-time high of $X in 2024, with a remarkable increase of X% compared to the previous year. This surge was driven by a 25% increase in export volume to X tons. The top destinations were Hungary, Austria, and Moldova, reflecting strong demand in these markets.
On the import side, Romania saw a significant increase in bentonite imports, reaching $X in value terms. This was a 20% rise from the previous year, with import volumes increasing by 15% to X tons. The main suppliers were Austria, Bulgaria, and Turkey, indicating a diversified import portfolio.
The average export price for bentonite stood at $X per ton in 2024, reflecting a balanced world market. Despite the increase in exports and imports, the Romanian bentonite market decreased by 10% to $X in 2024, following a peak in consumption in 2023.
In 2024, Romania's bentonite industry demonstrated resilience, with exports and imports both growing significantly. Despite a slight decrease in market size, the industry's production and trade activity remained robust, with key trading partners and market dynamics shifting.
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