Romania - Hygienic or Pharmaceutical Articles of Rubber - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRomania: Pharmaceutical Rubber Articles Market 2024
Pharmaceutical Rubber Articles Market Size in Romania
The Romanian pharmaceutical rubber articles market dropped to $X in 2021, shrinking by -9.7% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then fell in the following year.
Pharmaceutical Rubber Articles Production in Romania
In value terms, pharmaceutical rubber articles production fell to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 25% against the previous year. As a result, production reached the peak level of $X, and then fell in the following year.
Pharmaceutical Rubber Articles Exports
Exports from Romania
In 2021, pharmaceutical rubber articles exports from Romania soared to X units, rising by 22% against the previous year's figure. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 15,747% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.
In value terms, pharmaceutical rubber articles exports rose sharply to $X in 2021. In general, exports saw significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 7,819%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.
Exports by Country
Italy (X units) was the main destination for pharmaceutical rubber articles exports from Romania, with a 97% share of total exports. It was followed by France (X units), with a 2.3% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Italy amounted to +12.9%.
In value terms, Italy ($X) remains the key foreign market for hygienic or pharmaceutical articles of rubber exports from Romania, comprising 97% of total exports. The second position in the ranking was taken by France ($X), with a 0.6% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Italy totaled +9.5%.
Export Prices by Country
In 2021, the average pharmaceutical rubber articles export price amounted to $X per unit, with a decrease of -8.3% against the previous year. In general, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2020 an increase of 8.7% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to France stood at $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-3.0%).
Pharmaceutical Rubber Articles Imports
Imports into Romania
In 2021, supplies from abroad of hygienic or pharmaceutical articles of rubber increased by 21% to X units, rising for the sixth consecutive year after three years of decline. Overall, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by 59% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.
In value terms, pharmaceutical rubber articles imports shrank to $X in 2021. Over the period under review, imports recorded a perceptible increase. The pace of growth appeared the most rapid in 2020 when imports increased by 33%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Ireland (X units) constituted the largest pharmaceutical rubber articles supplier to Romania, with a 46% share of total imports. Moreover, pharmaceutical rubber articles imports from Ireland exceeded the figures recorded by the second-largest supplier, France (X units), twofold. Serbia (X units) ranked third in terms of total imports with an 8.3% share.
From 2012 to 2021, the average annual growth rate of volume from Ireland amounted to +170.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+23.5% per year) and Serbia (-11.3% per year).
In value terms, the largest pharmaceutical rubber articles suppliers to Romania were Ireland ($X), France ($X) and Italy ($X), together accounting for 63% of total imports.
Among the main suppliers, Ireland, with a CAGR of +139.8%, saw the highest growth rate of 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
In 2021, the average pharmaceutical rubber articles import price amounted to $X per unit, dropping by -17.6% against the previous year. In general, the import price recorded a pronounced descent. The pace of growth appeared the most rapid in 2014 an increase of 42%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the pharmaceutical rubber articles market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22197130 - Hygienic or pharmaceutical articles of rubber (excluding sheath contraceptives)
Country coverage:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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