Romania: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in Romania

In 2022, after seven years of growth, there was significant decline in the Romanian plastic household articles market, when its value decreased by -23% to $X. In general, the total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Plastic household articles consumption peaked at $X in 2021, and then fell rapidly in the following year.

Plastic Household Articles Production in Romania

In value terms, plastic household articles production contracted notably to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 27% against the previous year. Plastic household articles production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Plastic Household Articles Exports

Exports from Romania

Plastic household articles exports from Romania soared to X tons in 2022, rising by 20% compared with 2021 figures. Overall, exports saw prominent growth. The pace of growth appeared the most rapid in 2013 when exports increased by 59% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, plastic household articles exports reached $X in 2022. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), Italy (X tons) and Bulgaria (X tons) were the main destinations of plastic household articles exports from Romania, with a combined 49% share of total exports. Hungary, Greece, Serbia, Turkey and Moldova lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +40.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic household articles exported from Romania were Germany ($X), Bulgaria ($X) and Italy ($X), together accounting for 42% of total exports. Greece, Hungary, Serbia, Turkey and Moldova lagged somewhat behind, together comprising a further 40%.

Turkey, with a CAGR of +45.4%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average plastic household articles export price stood at $X per ton in 2022, with a decrease of -12% against the previous year. In general, the export price saw a pronounced downturn. The pace of growth appeared the most rapid in 2014 an increase of 13%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Germany ($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 (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Articles Imports

Imports into Romania

In 2022, imports of household articles and toilet articles of plastics into Romania expanded modestly to X tons, increasing by 2.8% against 2021 figures. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 24%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, plastic household articles imports rose modestly to $X in 2022. Over the period under review, imports enjoyed buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of 27%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Serbia (X tons), China (X tons) and Turkey (X tons) were the main suppliers of plastic household articles imports to Romania, together accounting for 43% of total imports.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of +30.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and Hungary ($X) appeared to be the largest plastic household articles suppliers to Romania, together accounting for 38% of total imports. Turkey, Serbia, Germany, Italy, the Czech Republic, France, Greece, Bulgaria, the Netherlands and Spain lagged somewhat behind, together comprising a further 54%.

Among the main suppliers, Serbia, with a CAGR of +33.5%, recorded the highest rates of growth with regard to 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

The average plastic household articles import price stood at $X per ton in 2022, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2020 an increase of 9.8%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Serbia ($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 (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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