Romania: Copper Foil Market 2024

Copper Foil Market Size in Romania

The Romanian copper foil market skyrocketed to $X in 2022, jumping by 122% against the previous year. Over the period under review, consumption, however, recorded a deep downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Copper Foil Production in Romania

In value terms, copper foil production surged to $X in 2022 estimated in export price. Overall, production, however, showed a deep contraction. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Copper Foil Exports

Exports from Romania

In 2022, shipments abroad of copper foil decreased by -28.6% to X tons, falling for the second year in a row after five years of growth. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 6,302%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, copper foil exports contracted markedly to $X in 2022. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2016 when exports increased by 2,758% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Moldova (X tons) was the main destination for copper foil exports from Romania, accounting for a 84% share of total exports. Moreover, copper foil exports to Moldova exceeded the volume sent to the second major destination, Poland (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Moldova amounted to +117.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (0.0% per year) and Montserrat (0.0% per year).

In value terms, Moldova ($X) remains the key foreign market for copper foil exports from Romania, comprising 92% of total exports. The second position in the ranking was held by Montserrat ($X), with a 4.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Moldova amounted to +111.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Montserrat (0.0% per year) and Poland (0.0% per year).

Export Prices by Country

In 2022, the average copper foil export price amounted to $X per ton, which is down by -18.7% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 99.9% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Poland ($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 Moldova (-2.9%).

Copper Foil Imports

Imports into Romania

For the third year in a row, Romania recorded growth in purchases abroad of copper foil, which increased by 18% to X tons in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 114% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, copper foil imports declined to $X in 2022. Overall, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2018 with an increase of 106%. Over the period under review, imports reached the maximum at $X in 2021, and then dropped modestly in the following year.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of copper foil to Romania, accounting for a 56% share of total imports. Moreover, copper foil imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by Turkey (X tons), with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled +80.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+23.4% per year) and Turkey (+12.2% per year).

In value terms, the Netherlands ($X), Germany ($X) and Turkey ($X) constituted the largest copper foil suppliers to Romania, together comprising 76% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +45.7%, recorded the highest growth rate of the value of imports, 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 copper foil import price amounted to $X per ton, which is down by -17.1% against the previous year. Overall, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 19% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform