Alcohols Market Overview in Romania
In value terms, alcohols production expanded markedly to $ in 2019 estimated in export prices. Overall, production, however, saw a sharp shrinkage. The most prominent rate of growth was recorded in 2010 when the production volume increased by % y-o-y. Over the period under review, production reached the peak level at $ in 2007; however, from 2008 to 2019, production failed to regain the momentum.
The value of the alcohols market in Romania totaled $ in 2019, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2010 with an increase of % year-to-year. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.