Romania: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Romania

After two years of growth, the Romanian market for plastics pipes and pipe fittings decreased by -14.5% to $X in 2022. The market value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Plastics pipe and pipe fitting consumption peaked at $X in 2021, and then shrank in the following year.

Production of Plastics Pipes And Pipe Fittings in Romania

In value terms, plastics pipe and pipe fitting production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 41% against the previous year. Plastics pipe and pipe fitting production peaked at $X in 2021, and then shrank in the following year.

Exports of Plastics Pipes And Pipe Fittings

Exports from Romania

In 2022, overseas shipments of plastics pipes and pipe fittings increased by 3.7% to X tons, rising for the sixth year in a row after two years of decline. In general, exports enjoyed a remarkable increase. The growth pace was the most rapid in 2013 with an increase of 29%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, plastics pipe and pipe fitting exports reduced to $X in 2022. Over the period under review, exports enjoyed a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of 41%. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Bulgaria (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of plastics pipe and pipe fitting exports from Romania, together accounting for 36% of total exports. Hungary, Italy, Moldova, Poland, Croatia, Slovakia, France, Greece, Spain and Austria lagged somewhat behind, together accounting for a further 53%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +89.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Hungary ($X) constituted the largest markets for plastics pipe and pipe fitting exported from Romania worldwide, with a combined 46% share of total exports. Bulgaria, Moldova, the Netherlands, Spain, Poland, Austria, Croatia, France, Slovakia and Greece lagged somewhat behind, together accounting for a further 39%.

Among the main countries of destination, Croatia, with a CAGR of +77.1%, saw the highest rates of growth with regard to 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 export price for plastics pipes and pipe fittings stood at $X per ton in 2022, waning by -16% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastics pipe and pipe fitting export price increased by +70.9% against 2015 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 24%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then contracted sharply in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Slovakia ($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 Austria (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Pipes And Pipe Fittings

Imports into Romania

In 2022, supplies from abroad of plastics pipes and pipe fittings increased by 13% to X tons, rising for the fifth consecutive year after two years of decline. Overall, imports posted a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, plastics pipe and pipe fitting imports expanded significantly to $X in 2022. In general, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Turkey (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of plastics pipe and pipe fitting imports to Romania, with a combined 52% share of total imports. Italy, Bulgaria, Hungary, France, Serbia, Ukraine, Estonia, Spain, Greece and the Czech Republic lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Estonia (with a CAGR of +79.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastics pipe and pipe fitting suppliers to Romania were Germany ($X), Turkey ($X) and Italy ($X), with a combined 51% share of total imports. Poland, France, Hungary, Bulgaria, the Czech Republic, Serbia, Spain, Ukraine, Greece and Estonia lagged somewhat behind, together comprising a further 39%.

In terms of the main suppliers, Estonia, with a CAGR of +65.6%, saw 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

The average import price for plastics pipes and pipe fittings stood at $X per ton in 2022, reducing by -6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2017 when the average import price increased by 24% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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 the Czech Republic ($X per ton), while the price for Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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