Romania: Photographic Paper Market 2024

Photographic Paper Market Size in Romania

The Romanian photographic paper market reduced rapidly to $X in 2021, declining by -70.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a deep slump. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Photographic Paper Exports

Exports from Romania

In 2021, overseas shipments of photographic paper, paperboard and textiles decreased by -10.3% to X square meters, falling for the fifth consecutive year after three years of growth. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2014 with an increase of 11,347% against the previous year. Over the period under review, the exports attained the maximum at X square meters in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, photographic paper exports skyrocketed to $X in 2021. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 12,992% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bulgaria (X square meters), Italy (X square meters) and Belgium (X square meters) were the main destinations of photographic paper exports from Romania, together comprising 89% of total exports. Hungary and Germany lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +108.5%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Bulgaria ($X) remains the key foreign market for photographic paper, paperboard and textiles exports from Romania, comprising 63% of total exports. The second position in the ranking was held by Italy ($X), with a 21% share of total exports. It was followed by Belgium, with a 9% share.

From 2012 to 2021, the average annual growth rate of value to Bulgaria totaled +28.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-19.0% per year) and Belgium (-2.6% per year).

Export Prices by Country

The average photographic paper export price stood at $X per square meter in 2021, picking up by 50% against the previous year. In general, the export price enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2015 an increase of 66% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2016 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

Photographic Paper Imports

Imports into Romania

Photographic paper imports into Romania fell dramatically to X square meters in 2021, which is down by -77.5% against the previous year. Over the period under review, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2019 when imports increased by 105% against the previous year. As a result, imports attained the peak of X square meters. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, photographic paper imports declined sharply to $X in 2021. In general, imports recorded a pronounced setback. The growth pace was the most rapid in 2018 when imports increased by 31%. 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

Italy (X square meters), Belgium (X square meters) and the Netherlands (X square meters) were the main suppliers of photographic paper imports to Romania, together comprising 81% of total imports. Poland, Germany, Hungary, China and the UK lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +70.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of photographic paper, paperboard and textiles to Romania, comprising 47% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Belgium totaled +37.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+4.7% per year) and Italy (+15.8% per year).

Import Prices by Country

The average photographic paper import price stood at $X per square meter in 2021, picking up by 245% against the previous year. Overall, the import price posted a mild expansion. As a result, import price attained 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 Hungary ($X per square meter), while the price for the UK ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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