From 2013 to 2023, Romania's market size for carbon dioxide and other inorganic oxygen compounds of non-metals experienced fluctuations with a peak in 2016 at 57.914 million kilograms. By 2023, the volume stood at 46.339 million kilograms. The market has been on a general decline since 2017, evident from the compounded annual growth rate over the last five years being 0.4%. Recovery signs appeared in 2022 with a 5.55% increase, but this trend was undercut by a 1.39% decline in 2023.
Future trends to watch for:
- Adoption of new technologies which can reduce emissions intensity.
- Regulatory changes focusing on environmental protection and carbon footprint reduction.
- Increased demand for greener alternatives affecting traditional market dynamics.
How does Romania rank in Carbon Dioxide and Other Inorganic Oxygen Compounds of Non-Metals Market Size Volume?
| # | 11 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 7,316,300,000 | 2023 | +2.63% | +2.98% | View data |
| 2 | 2 Poland | 739,560,000 | 2023 | +3.49% | +2.5% | View data |
| 3 | 3 Spain | 432,520,000 | 2023 | +1.59% | -0.59% | View data |
| 4 | 4 Finland | 203,580,000 | 2023 | +0.0053% | -1.01% | View data |
| 5 | 5 Czech Republic | 135,820,000 | 2023 | -1.11% | -1.23% | View data |
| 6 | 6 Denmark | 68,710,000 | 2023 | +1.64% | +0.43% | View data |
| 7 | 7 Romania | 46,339,000 | 2023 | -1.39% | +0.4% | |
| 8 | 8 Greece | 29,870,000 | 2023 | +1.26% | +0.025% | View data |
| 9 | 9 Croatia | 19,774,000 | 2023 | -0.26% | +1.06% | View data |
