Romania: Market for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) 2024

Market Size for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) in Romania

The Romanian market for particle board and similar board of ligneous materials (excluding wood) contracted to $X in 2021, waning by -12% against the previous year. Overall, consumption recorded a perceptible curtailment. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) in Romania

In value terms, production of particle board and similar board of ligneous materials (excluding wood) reduced to $X in 2021 estimated in export price. Overall, production saw a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 28%. Over the period under review, production of reached the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Exports from Romania

In 2021, overseas shipments of particle board and similar board of ligneous materials (excluding wood) increased by 18% to X cubic meters, rising for the second consecutive year after six years of decline. In general, exports, however, faced a abrupt downturn. Over the period under review, the exports of hit record highs at X cubic meters in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, exports of particle board and similar board of ligneous materials (excluding wood) surged to $X in 2021. Overall, exports, however, saw a abrupt shrinkage. Over the period under review, the exports of attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X cubic meters) was the main destination for exports of particle board and similar board of ligneous materials (excluding wood) from Romania, accounting for a 64% share of total exports. Moreover, exports of particle board and similar board of ligneous materials (excluding wood) to France exceeded the volume sent to the second major destination, Germany (X cubic meters), twofold. The United States (X cubic meters) ranked third in terms of total exports with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-18.1% per year) and the United States (+111.7% per year).

In value terms, France ($X) emerged as the key foreign market for particle board and similar board of ligneous materials (excluding wood) exports from Romania, comprising 60% of total exports. The second position in the ranking was held by Germany ($X), with a 30% share of total exports. It was followed by the United States, with a 3.6% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-15.2% per year) and the United States (+387.9% per year).

Export Prices by Country

In 2021, the average export price for particle board and similar board of ligneous materials (excluding wood) amounted to $X per cubic meter, surging by 8.6% against the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 10% against the previous year. The export price peaked at $X per cubic meter in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Sweden ($X per cubic meter), while the average price for exports to Italy ($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 United States (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Imports into Romania

In 2021, purchases abroad of particle board and similar board of ligneous materials (excluding wood) decreased by -56.2% to X cubic meters, falling for the second year in a row after six years of growth. Over the period under review, imports faced a deep downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 153% against the previous year. Over the period under review, imports of reached the peak figure at X cubic meters in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, imports of particle board and similar board of ligneous materials (excluding wood) dropped modestly to $X in 2021. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 105%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X cubic meters) constituted the largest supplier of board of bagasse, bamboo or other particles to Romania, with a 40% share of total imports. Moreover, imports of particle board and similar board of ligneous materials (excluding wood) from Germany exceeded the figures recorded by the second-largest supplier, Italy (X cubic meters), twofold. The third position in this ranking was taken by Hungary (X cubic meters), with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+14.6% per year) and Hungary (-9.6% per year).

In value terms, the largest board of bagasse, bamboo or other particles suppliers to Romania were Italy ($X), Germany ($X) and Poland ($X), with a combined 78% share of total imports. Hungary, Austria, Bulgaria and the UK lagged somewhat behind, together comprising a further 14%.

In terms of the main suppliers, the UK, with a CAGR of +529.1%, 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

In 2021, the average import price for particle board and similar board of ligneous materials (excluding wood) amounted to $X per cubic meter, growing by 119% against the previous year. In general, the import price showed strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per cubic meter), while the price for the UK ($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 (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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