Romania: Finishing Paper Machinery Market 2024

Finishing Paper Machinery Market Size in Romania

In 2021, the Romanian finishing paper machinery market increased by 2.9% to $X, rising for the second year in a row after two years of decline. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Finishing Paper Machinery Production in Romania

In value terms, finishing paper machinery production contracted to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 3.2%. Finishing paper machinery production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Finishing Paper Machinery Exports

Exports from Romania

In 2021, the amount of machinery for finishing paper or paperboard exported from Romania expanded rapidly to X units, surging by 12% on 2020 figures. Overall, exports recorded a prominent expansion. The growth pace was the most rapid in 2019 when exports increased by 102%. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, finishing paper machinery exports expanded notably to $X in 2021. Over the period under review, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +11.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -15.6% against 2019 indices. The pace of growth was the most pronounced in 2013 when exports increased by 137%. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X units), Germany (X units) and France (X units) were the main destinations of finishing paper machinery exports from Romania, with a combined 65% share of total exports. Spain, Italy, Bulgaria, the Netherlands and the Czech Republic lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +58.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for finishing paper machinery exported from Romania were Poland ($X), Germany ($X) and France ($X), together accounting for 68% of total exports. These countries were followed by Spain, Italy, Bulgaria, the Netherlands and the Czech Republic, which together accounted for a further 26%.

Italy, with a CAGR of +56.8%, 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

In 2021, the average finishing paper machinery export price amounted to $X per unit, waning by -4.3% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, finishing paper machinery export price increased by +80.7% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 89%. As a result, the export price attained the peak level of $X per unit, and then dropped slightly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Finishing Paper Machinery Imports

Imports into Romania

In 2021, approx. X units of machinery for finishing paper or paperboard were imported into Romania; increasing by 96% on the previous year. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 1,713% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, finishing paper machinery imports skyrocketed to $X in 2021. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 2,585%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of finishing paper machinery to Romania, accounting for a 56% share of total imports. Moreover, finishing paper machinery imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The third position in this ranking was taken by Turkey (X units), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.4% per year) and Turkey (+34.8% per year).

In value terms, Germany ($X) constituted the largest supplier of machinery for finishing paper or paperboard to Romania, comprising 69% of total imports. The second position in the ranking was held by China ($X), with an 8.4% share of total imports. It was followed by Turkey, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +118.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+16.5% per year) and Turkey (-4.8% per year).

Import Prices by Country

The average finishing paper machinery import price stood at $X per unit in 2021, with a decrease of -30.6% against the previous year. In general, import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 89% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2020, and then declined dramatically in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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