Romania: Plaits And Basketwork Market 2025

Plaits And Basketwork Market Size in Romania

The Romanian plaits and basketwork market fell notably to $X in 2022, which is down by -17.5% against the previous year. Overall, consumption, however, continues to indicate a resilient expansion. Plaits and basketwork consumption peaked at $X in 2021, and then contracted significantly in the following year.

Plaits And Basketwork Production in Romania

In value terms, plaits and basketwork production contracted sharply to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of 308% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Plaits And Basketwork Exports

Exports from Romania

In 2022, overseas shipments of plaits, basketwork, wickerwork and similar products of plaiting materials increased by 544% to X tons, rising for the second year in a row after five years of decline. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plaits and basketwork exports soared to $X in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X tons) was the main destination for plaits and basketwork exports from Romania, accounting for a 48% share of total exports. Moreover, plaits and basketwork exports to Turkey exceeded the volume sent to the second major destination, Greece (X tons), fourfold. Bulgaria (X tons) ranked third in terms of total exports with a 6.8% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey amounted to +114.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+134.9% per year) and Bulgaria (+57.3% per year).

In value terms, Turkey ($X) emerged as the key foreign market for plaits, basketwork, wickerwork and similar products of plaiting materials exports from Romania, comprising 43% of total exports. The second position in the ranking was held by Greece ($X), with a 13% share of total exports. It was followed by Bulgaria, with a 7.6% share.

From 2012 to 2022, the average annual growth rate of value to Turkey stood at +154.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+100.5% per year) and Bulgaria (+53.7% per year).

Export Prices by Country

The average plaits and basketwork export price stood at $X per ton in 2022, picking up by 8% against the previous year. Overall, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of 222% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Plaits And Basketwork Imports

Imports into Romania

In 2022, the amount of plaits, basketwork, wickerwork and similar products of plaiting materials imported into Romania skyrocketed to X tons, increasing by 22% compared with 2021. Over the period under review, imports showed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 30%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, plaits and basketwork imports skyrocketed to $X in 2022. Overall, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 59%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

Vietnam (X tons), Hungary (X tons) and China (X tons) were the main suppliers of plaits and basketwork imports to Romania, with a combined 53% share of total imports. Bulgaria, Germany, Poland and Indonesia lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +77.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Hungary ($X) and China ($X) were the largest plaits and basketwork suppliers to Romania, together accounting for 55% of total imports. Poland, Bulgaria, Germany and Indonesia lagged somewhat behind, together comprising a further 33%.

Bulgaria, with a CAGR of +75.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average plaits and basketwork import price amounted to $X per ton, surging by 9.3% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plaits and basketwork import price increased by +48.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 22% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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