Romania: Market for Plastics Tubes, Pipes And Hoses, And Fitting 2024

Market Size for Plastics Tubes, Pipes And Hoses, And Fitting in Romania

The Romanian plastic pipe and hose market expanded sharply to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Plastic pipe and hose consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Plastics Tubes, Pipes And Hoses, And Fitting in Romania

In value terms, plastic pipe and hose production skyrocketed to $X in 2022 estimated in export price. Over the period under review, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2017 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. Plastic pipe and hose production peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports from Romania

In 2022, shipments abroad of plastics tubes, pipes and hoses, and fitting increased by X% to X tons, rising for the sixth consecutive year after two years of decline. In general, exports recorded a prominent expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, plastic pipe and hose exports reduced to $X in 2022. Overall, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then contracted in the following year.

Exports by Country

Italy (X tons), Germany (X tons) and Hungary (X tons) were the main destinations of plastic pipe and hose exports from Romania, together comprising X% of total exports. Bulgaria, Moldova, the Netherlands, Poland, Croatia, Spain, France, Greece, the United States and Serbia lagged somewhat behind, together comprising a further X%.

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 X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic pipe and hose exported from Romania were Germany ($X), Italy ($X) and Hungary ($X), with a combined X% share of total exports. Moldova, Bulgaria, Spain, the Netherlands, Poland, the United States, Serbia, Croatia, France and Greece lagged somewhat behind, together comprising a further X%.

Croatia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average plastic pipe and hose export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then shrank 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 Germany ($X per ton), while the average price for exports to Bulgaria ($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 Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Tubes, Pipes And Hoses, And Fitting

Imports into Romania

Plastic pipe and hose imports into Romania expanded significantly to X tons in 2022, growing by X% on the previous year. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, plastic pipe and hose imports totaled $X in 2022. Overall, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Turkey (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of plastic pipe and hose imports to Romania, with a combined X% share of total imports. Poland, Bulgaria, Hungary, Spain, France, Serbia, Greece, Ukraine, China and Austria lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest plastic pipe and hose suppliers to Romania were Germany ($X), Italy ($X) and Turkey ($X), together comprising X% of total imports. Poland, France, Hungary, Spain, Bulgaria, China, Austria, Serbia, Greece and Ukraine lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Spain, with a CAGR of X%, saw 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

The average plastic pipe and hose import price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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 ($X per ton), while the price for Ukraine ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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