In 2023, Romania's sulphuric acid and oleum market was valued at 4.8508 Million Euros. Despite fluctuations over the decade, the market showed a rising trend with a 3.42% increase from 2022 to 2023. Over the past five years, the compound annual growth rate (CAGR) was 0.065%. The market saw significant growth in 2017 and 2018, whereas 2020 experienced a notable decline.
Future trends to watch for include:
- Potential growth from increased industrial activities and technological advancements in Romania.
- Environmental regulations might impact production and demand.
- Emergence of alternative applications for sulphuric acid could offer new market opportunities.
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 105,890,000 | 2023 | +0.83% | +0.81% | View data |
| 2 | 2 France | 96,470,000 | 2023 | +0.042% | -0.15% | View data |
| 3 | 3 Czech Republic | 14,062,000 | 2023 | +2.37% | +4.99% | View data |
| 4 | 4 Romania | 4,850,800 | 2023 | +3.42% | +0.065% | |
| 5 | 5 Denmark | 3,042,700 | 2023 | -2.3% | -1.73% | View data |
