Romania: Oriented Strandboard (Osb) Market 2024

Oriented Strandboard (Osb) Market Size in Romania

The Romanian oriented strandboard (OSB) market surged to $X in 2021, increasing by 31% against the previous year. In general, consumption recorded resilient growth. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Oriented Strandboard (Osb) Production in Romania

In value terms, oriented strandboard (OSB) production skyrocketed to $X in 2021 estimated in export price. Overall, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +54.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. Oriented strandboard (OSB) production peaked in 2021 and is likely to continue growth in years to come.

Oriented Strandboard (Osb) Exports

Exports from Romania

In 2021, exports of oriented strandboard (OSB) from Romania shrank to X cubic meters, stabilizing at 2020 figures. The total export volume increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 48%. Over the period under review, the exports reached the maximum at X cubic meters in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, oriented strandboard (OSB) exports surged to $X in 2021. Over the period under review, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by 68%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X cubic meters) was the main destination for oriented strandboard (OSB) exports from Romania, with a 21% share of total exports. Moreover, oriented strandboard (OSB) exports to the United States exceeded the volume sent to the second major destination, Italy (X cubic meters), twofold. Poland (X cubic meters) ranked third in terms of total exports with an 8.7% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +260.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+10.0% per year) and Poland (+0.4% per year).

In value terms, the United States ($X), Italy ($X) and Hungary ($X) constituted the largest markets for oriented strandboard (OSB) exported from Romania worldwide, together comprising 39% of total exports.

Among the main countries of destination, the United States, with a CAGR of +265.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average oriented strandboard (OSB) export price stood at $X per cubic meter in 2021, with an increase of 65% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Oriented Strandboard (Osb) Imports

Imports into Romania

In 2021, overseas purchases of oriented strandboard (OSB) decreased by -38.7% to X cubic meters for the first time since 2013, thus ending a seven-year rising trend. Overall, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of 90% against the previous year. Imports peaked at X cubic meters in 2020, and then shrank rapidly in the following year.

In value terms, oriented strandboard (OSB) imports expanded rapidly to $X in 2021. In general, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of 57%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Hungary (X cubic meters) constituted the largest supplier of oriented strandboard (OSB) to Romania, with a 80% share of total imports. Moreover, oriented strandboard (OSB) imports from Hungary exceeded the figures recorded by the second-largest supplier, Bulgaria (X cubic meters), sixfold. Germany (X cubic meters) ranked third in terms of total imports with a 2.6% share.

From 2012 to 2021, the average annual growth rate of volume from Hungary stood at +43.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+65.1% per year) and Germany (-2.5% per year).

In value terms, Hungary ($X) constituted the largest supplier of oriented strandboard (OSB) to Romania, comprising 84% of total imports. The second position in the ranking was taken by Bulgaria ($X), with a 10% share of total imports. It was followed by Germany, with a 2.1% share.

From 2012 to 2021, the average annual growth rate of value from Hungary stood at +47.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+61.6% per year) and Germany (-6.1% per year).

Import Prices by Country

The average oriented strandboard (OSB) import price stood at $X per cubic meter in 2021, picking up by 84% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per cubic meter), while the price for the Czech Republic ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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