Romania: Hat And Headgear Market 2025

Hat And Headgear Market Size in Romania

The Romanian hat and headgear market surged to $X in 2022, increasing by 17% 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). Over the period under review, consumption posted a resilient increase. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Hat And Headgear Exports

Exports from Romania

In 2022, overseas shipments of hats and other headgear increased by 4.2% to X units, rising for the second consecutive year after two years of decline. Overall, exports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 52% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hat and headgear exports rose significantly to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), Italy (X units) and Hungary (X units) were the main destinations of hat and headgear exports from Romania, with a combined 62% share of total exports. Bulgaria, France, Israel, Greece, Poland, Moldova and the Czech Republic lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +109.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Bulgaria ($X) appeared to be the largest markets for hat and headgear exported from Romania worldwide, with a combined 60% share of total exports. Hungary, France, the Czech Republic, Poland, Israel, Greece and Moldova lagged somewhat behind, together accounting for a further 24%.

Israel, with a CAGR of +120.6%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average hat and headgear export price amounted to $X per unit, increasing by 9.5% against the previous year. In general, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2020 an increase of 51% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Hat And Headgear Imports

Imports into Romania

In 2022, the amount of hats and other headgear imported into Romania reached X units, growing by 13% on 2021. In general, total imports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.1% 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 +21.0% against 2020 indices. The pace of growth was the most pronounced in 2017 when imports increased by 21%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, hat and headgear imports skyrocketed to $X in 2022. Over the period under review, imports saw a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 34% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of hat and headgear to Romania, with a 34% share of total imports. Moreover, hat and headgear imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. The third position in this ranking was taken by Turkey (X units), with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+17.5% per year) and Turkey (+0.2% per year).

In value terms, Poland ($X), Italy ($X) and Germany ($X) appeared to be the largest hat and headgear suppliers to Romania, with a combined 43% share of total imports.

Poland, with a CAGR of +23.7%, 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 hat and headgear import price stood at $X per unit in 2022, rising by 2.8% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 38% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :