Romania: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Romania

The Romanian articles of fiber cement market skyrocketed to $X in 2022, surging by 22% 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). In general, consumption showed a buoyant expansion. Articles of fiber cement consumption peaked in 2022 and is expected to retain growth in the near future.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Romania

In 2022, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were exported from Romania; increasing by 1.8% compared with 2021. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 2,761% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, articles of fiber cement exports reached $X in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 2,318% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Serbia (X tons) was the main destination for articles of fiber cement exports from Romania, with a 71% share of total exports. Moreover, articles of fiber cement exports to Serbia exceeded the volume sent to the second major destination, Bulgaria (X tons), fivefold. Croatia (X tons) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume to Serbia totaled +38.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (-6.0% per year) and Croatia (+30.2% per year).

In value terms, Serbia ($X) remains the key foreign market for articles of asbestos-cement, cellulose fiber-cement or the like exports from Romania, comprising 72% of total exports. The second position in the ranking was held by Bulgaria ($X), with a 13% share of total exports. It was followed by Croatia, with a 6% share.

From 2012 to 2022, the average annual growth rate of value to Serbia stood at +55.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (-0.3% per year) and Croatia (+39.3% per year).

Export Prices by Country

In 2022, the average articles of fiber cement export price amounted to $X per ton, surging by 10% against the previous year. Overall, the export price, however, saw a pronounced decline. The growth pace was the most rapid in 2015 an increase of 199%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Romania

For the third year in a row, Romania recorded growth in overseas purchases of articles of asbestos-cement, cellulose fiber-cement or the like, which increased by 18% to X tons in 2022. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.1% against 2018 indices. The pace of growth appeared the most rapid in 2014 with an increase of 42%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, articles of fiber cement imports surged to $X in 2022. In general, imports posted a resilient increase. The growth pace was the most rapid in 2018 when imports increased by 61% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Turkey (X tons), Ukraine (X tons) and Indonesia (X tons) were the main suppliers of articles of fiber cement imports to Romania, together comprising 58% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +252.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest articles of fiber cement suppliers to Romania were Poland ($X), Turkey ($X) and Slovenia ($X), with a combined 47% share of total imports.

Turkey, with a CAGR of +213.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average articles of fiber cement import price amounted to $X per ton, picking up by 2.8% against the previous year. Overall, the import price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 34%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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