Romania: Gummed Paper Market 2024

Gummed Paper Market Size in Romania

The Romanian gummed paper market reduced dramatically to $X in 2021, dropping by -92% against the previous year. Over the period under review, consumption showed a dramatic descent. Gummed paper consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Gummed Paper Production in Romania

In value terms, gummed paper production declined sharply to $X in 2021 estimated in export price. In general, production showed a sharp decline. The pace of growth appeared the most rapid in 2018 when the production volume increased by 20% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Gummed Paper Exports

Exports from Romania

In 2021, shipments abroad of gummed paper and paperboard (excluding self-adhesives) increased by 26% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 29%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, gummed paper exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Hungary (X tons), Serbia (X tons) and Belgium (X tons) were the main destinations of gummed paper exports from Romania, with a combined 81% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +169.5%), while the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X) remains the key foreign market for gummed paper and paperboard (excluding self-adhesives) exports from Romania, comprising 34% of total exports. The second position in the ranking was held by Bulgaria ($X), with a 17% share of total exports. It was followed by Serbia, with a 16% share.

From 2012 to 2021, the average annual growth rate of value to Hungary totaled +87.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+173.0% per year) and Serbia (+163.7% per year).

Export Prices by Country

The average gummed paper export price stood at $X per ton in 2021, picking up by 38% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Bulgaria ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.

Gummed Paper Imports

Imports into Romania

In 2021, the amount of gummed paper and paperboard (excluding self-adhesives) imported into Romania surged to X tons, jumping by 19% against 2020. Overall, imports posted a slight expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 100%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, gummed paper imports rose modestly to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 57% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest gummed paper supplier to Romania, with a 43% share of total imports. Moreover, gummed paper imports from Italy exceeded the figures recorded by the second-largest supplier, Austria (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 5.9% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+74.1% per year) and Germany (-2.2% per year).

In value terms, Italy ($X) constituted the largest supplier of gummed paper and paperboard (excluding self-adhesives) to Romania, comprising 48% of total imports. The second position in the ranking was taken by Germany ($X), with a 12% share of total imports. It was followed by Austria, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.6% per year) and Austria (+60.3% per year).

Import Prices by Country

In 2021, the average gummed paper import price amounted to $X per ton, waning by -12.9% against the previous year. Overall, the import price showed a mild downturn. The pace of growth appeared the most rapid in 2017 an increase of 34%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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