Romania: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Romania

The Romanian market for plastic plates, sheets, film, foil and strip soared to $X in 2021, surging by 37% against the previous year. In general, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +9.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +118.0% against 2012 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Romania

In value terms, production of plastic plates, sheets, film, foil and strip soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, production of attained the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Romania

In 2021, shipments abroad of plastic plates, sheets, film, foil and strip decreased by -10.2% to X tons, falling for the third year in a row after seven years of growth. The total export volume increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 15% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of plastic plates, sheets, film, foil and strip skyrocketed to $X in 2021. The total export value increased at an average annual rate of +5.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by 24% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Greece (X tons), Germany (X tons) and Poland (X tons) were the main destinations of exports of plastic plates, sheets, film, foil and strip from Romania, together comprising 37% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +28.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Greece ($X) and Bulgaria ($X) constituted the largest markets for plastic plate, sheet, film, foil and strip exported from Romania worldwide, with a combined 43% share of total exports. Hungary, Austria, Moldova, France, Italy, Poland, Ukraine, the UK, the Czech Republic and North Macedonia lagged somewhat behind, together accounting for a further 41%.

In terms of the main countries of destination, North Macedonia, with a CAGR of +18.5%, recorded 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 plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, jumping by 30% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. 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 France ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Romania

For the tenth year in a row, Romania recorded growth in purchases abroad of plastic plates, sheets, film, foil and strip, which increased by 9.6% to X tons in 2021. In general, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +88.3% against 2012 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 11%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, imports of plastic plates, sheets, film, foil and strip soared to $X in 2021. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +90.9% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of imports of plastic plates, sheets, film, foil and strip to Romania, together accounting for 40% of total imports. Italy, Hungary, Bulgaria, China, Belgium, Greece, Austria, Croatia, the Czech Republic and Luxembourg lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2021, the biggest increases were recorded for Croatia (with a CAGR of +27.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Turkey ($X) and Italy ($X) constituted the largest plastic plate, sheet, film, foil and strip suppliers to Romania, together comprising 41% of total imports. Poland, Hungary, Bulgaria, Belgium, Greece, China, Austria, the Czech Republic, Croatia and Luxembourg lagged somewhat behind, together comprising a further 39%.

In terms of the main suppliers, Croatia, with a CAGR of +29.0%, recorded the highest growth rate of 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 plastic plates, sheets, film, foil and strip amounted to $X per ton, picking up by 20% against the previous year. Over the period under review, the import price recorded modest growth. As a result, import price attained 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 Germany ($X per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :