Romania: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Romania

After three years of decline, the Romanian market for drawn glass and blown glass increased by 2.4% to $X in 2021. Overall, consumption continues to indicate a relatively flat trend pattern. Drawn glass and blown glass consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Drawn Glass And Blown Glass in Romania

In value terms, drawn glass and blown glass production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 16% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Drawn Glass And Blown Glass

Exports from Romania

In 2021, drawn glass and blown glass exports from Romania soared to X square meters, with an increase of 117% on the previous year's figure. In general, exports enjoyed a resilient expansion. The growth pace was the most rapid in 2018 with an increase of 4,400%. Over the period under review, the exports hit record highs at X square meters in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, drawn glass and blown glass exports soared to $X in 2021. Over the period under review, exports saw a significant expansion. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X square meters) was the main destination for drawn glass and blown glass exports from Romania, with a 57% share of total exports. Moreover, drawn glass and blown glass exports to Germany exceeded the volume sent to the second major destination, Belgium (X square meters), twofold. Italy (X square meters) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +51.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+29.5% per year) and Italy (-4.9% per year).

In value terms, Germany ($X), Belgium ($X) and Austria ($X) appeared to be the largest markets for drawn glass and blown glass exported from Romania worldwide, together accounting for 97% of total exports.

Among the main countries of destination, Germany, with a CAGR of +78.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for drawn glass and blown glass stood at $X per square meter in 2021, growing by 1,405% against the previous year. Overall, the export price showed a strong increase. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per square meter), while the average price for exports to Italy ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+43.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawn Glass And Blown Glass

Imports into Romania

In 2021, overseas purchases of drawn glass and blown glass increased by 109% to X square meters for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt contraction. Over the period under review, imports reached the peak figure at X square meters in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, drawn glass and blown glass imports skyrocketed to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 60% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Hungary (X square meters), Bulgaria (X square meters) and Germany (X square meters) were the main suppliers of drawn glass and blown glass imports to Romania, with a combined 97% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +12.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest drawn glass and blown glass suppliers to Romania were Bulgaria ($X), Hungary ($X) and Germany ($X), together comprising 85% of total imports.

Germany, with a CAGR of +11.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for drawn glass and blown glass stood at $X per square meter in 2021, shrinking by -23.4% against the previous year. In general, the import price, however, showed a notable expansion. The growth pace was the most rapid in 2016 an increase of 92% against the previous year. The import price peaked at $X per square meter in 2020, and then shrank markedly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+54.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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