Romania: Plastic Bag Market 2024

Plastic Bag Market Size in Romania

The Romanian plastic bag market was finally on the rise to reach $X in 2022, after three years of decline. The market value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Plastic Bag Production in Romania

In value terms, plastic bag production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 36%. Plastic bag production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Plastic Bag Exports

Exports from Romania

In 2022, overseas shipments of plastic sacks and bags increased by 32% to X tons for the first time since 2017, thus ending a four-year declining trend. Overall, total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic bag exports reached $X in 2022. In general, total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.6% against 2020 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 21% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Italy (X tons), Germany (X tons) and Spain (X tons) were the main destinations of plastic bag exports from Romania, with a combined 53% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +78.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and Germany ($X) constituted the largest markets for plastic bag exported from Romania worldwide, together comprising 54% of total exports.

Spain, with a CAGR of +82.4%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average plastic bag export price amounted to $X per ton, with a decrease of -13.8% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 22%. As a result, the export price attained the peak level of $X per ton, and then dropped in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Hungary ($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 the UK (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Bag Imports

Imports into Romania

In 2022, imports of plastic sacks and bags into Romania rose remarkably to X tons, increasing by 9.7% against the previous year's figure. The total import volume increased at an average annual rate of +5.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of 20% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, plastic bag imports rose sharply to $X in 2022. Over the period under review, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Poland (X tons), Germany (X tons) and China (X tons) were the main suppliers of plastic bag imports to Romania, with a combined 48% share of total imports. Hungary, Turkey, Italy, Slovenia, Vietnam, Austria, Bulgaria, Serbia, the Netherlands and France lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +72.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Italy ($X) constituted the largest plastic bag suppliers to Romania, with a combined 43% share of total imports. China, Hungary, Turkey, France, Slovenia, Austria, Bulgaria, Vietnam, the Netherlands and Serbia lagged somewhat behind, together comprising a further 45%.

Slovenia, with a CAGR of +56.3%, recorded the highest growth rate of the value of imports, among 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 plastic bag import price amounted to $X per ton, leveling off at the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 15% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 France ($X per ton), while the price for Hungary ($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 (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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