Romania: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in Romania

For the third consecutive year, the Romanian glass in the mass market recorded decline in sales value, which decreased by -93.7% to $X in 2022. In general, consumption faced a significant decline. The pace of growth was the most pronounced in 2019 with an increase of 9.7%. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Glass in The Mass in Romania

In value terms, glass in the mass production reached $X in 2022 estimated in export price. Overall, production showed a mild slump. The pace of growth appeared the most rapid in 2020 with an increase of 28%. Glass in the mass production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Glass in The Mass

Exports from Romania

For the third consecutive year, Romania recorded growth in shipments abroad of glass in the mass, which increased by 44% to X tons in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2013 with an increase of 101% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, glass in the mass exports soared to $X in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 113%. Over the period under review, the glass in mass exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Bulgaria (X tons) was the main destination for glass in the mass exports from Romania, with a 52% share of total exports. Moreover, glass in the mass exports to Bulgaria exceeded the volume sent to the second major destination, Hungary (X tons), twofold. Moldova (X tons) ranked third in terms of total exports with a 20% share.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria stood at +83.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+14.3% per year) and Moldova (+98.6% per year).

In value terms, Bulgaria ($X) remains the key foreign market for glass in the mass exports from Romania, comprising 56% of total exports. The second position in the ranking was held by Moldova ($X), with a 25% share of total exports. It was followed by Hungary, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Bulgaria amounted to +81.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+102.7% per year) and Hungary (+5.9% per year).

Export Prices by Country

The average glass in the mass export price stood at $X per ton in 2022, reducing by -9.7% against the previous year. Over the period under review, the export price showed a mild descent. The most prominent rate of growth was recorded in 2020 an increase of 40% against the previous year. Over the period under review, the average export prices attained the peak figure 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 Moldova ($X per ton), while the average price for exports to Hungary ($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 Italy (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glass in The Mass

Imports into Romania

After three years of growth, overseas purchases of glass in the mass decreased by -46.5% to X tons in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 608% against the previous year. Imports peaked at X tons in 2021, and then fell significantly in the following year.

In value terms, glass in the mass imports declined remarkably to $X in 2022. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 190% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Hungary (X tons) was the main supplier of glass in the mass to Romania, with a 97% share of total imports. It was followed by Germany (X tons), with a 2.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary totaled +118.4%.

In value terms, Hungary ($X) constituted the largest supplier of glass in the mass to Romania, comprising 71% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Hungary totaled +41.7%.

Import Prices by Country

In 2022, the average glass in the mass import price amounted to $X per ton, reducing by -24.3% against the previous year. Over the period under review, the import price continues to indicate a dramatic setback. The most prominent rate of growth was recorded in 2018 an increase of 181% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Hungary stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-11.1%).

Source: IndexBox Platform

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