Romania: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in Romania

In 2022, after two years of growth, there was significant decline in the Romanian market for plasticised mixed polyvinyl chloride in primary forms, when its value decreased by -8.6% to $X. Overall, consumption, however, continues to indicate a strong expansion. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Production of Plasticised Mixed Polyvinyl Chloride in Primary Forms in Romania

In value terms, production of plasticised mixed polyvinyl chloride in primary forms declined to $X in 2022 estimated in export price. Overall, production, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 when the production volume increased by 87% against the previous year. As a result, production reached the peak level of $X, and then contracted in the following year.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Romania

In 2022, the amount of plasticised mixed polyvinyl chloride in primary forms exported from Romania shrank rapidly to X tons, reducing by -22.5% against the year before. Over the period under review, exports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 73%. Over the period under review, the exports of reached the maximum at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms reduced notably to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 79%. As a result, the exports reached the peak of $X, and then fell significantly in the following year.

Exports by Country

China (X tons), Bulgaria (X tons) and the Czech Republic (X tons) were the main destinations of exports of plasticised mixed polyvinyl chloride in primary forms from Romania, together accounting for 48% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +204.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plasticised mixed polyvinyl chloride in primary forms exported from Romania were China ($X), Bulgaria ($X) and Serbia ($X), together accounting for 55% of total exports.

Among the main countries of destination, China, with a CAGR of +290.3%, saw the highest growth rate of 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

In 2022, the average export price for plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, increasing by 5.6% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for plasticised mixed polyvinyl chloride in primary forms increased by +78.4% against 2016 indices. The growth pace was the most rapid in 2020 an increase of 28% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Germany ($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 China (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Romania

In 2022, after two years of growth, there was decline in purchases abroad of plasticised mixed polyvinyl chloride in primary forms, when their volume decreased by -0.4% to X tons. Overall, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2021 with an increase of 102%. As a result, imports attained the peak of X tons, leveling off in the following year.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms reduced slightly to $X in 2022. In general, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 149%. As a result, imports attained the peak of $X, and then declined slightly in the following year.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of plasticised mixed polyvinyl chloride in primary forms to Romania, accounting for a 34% share of total imports. Moreover, imports of plasticised mixed polyvinyl chloride in primary forms from Poland exceeded the figures recorded by the second-largest supplier, Hungary (X tons), twofold. The third position in this ranking was held by Turkey (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland amounted to +166.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+6.3% per year) and Turkey (+38.4% per year).

In value terms, Poland ($X) constituted the largest supplier of plasticised mixed polyvinyl chloride in primary forms to Romania, comprising 29% of total imports. The second position in the ranking was taken by Hungary ($X), with a 14% share of total imports. It was followed by Italy, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Poland stood at +148.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+10.7% per year) and Italy (+5.7% per year).

Import Prices by Country

In 2022, the average import price for plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, dropping by -1.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 23%. As a result, import price attained the peak level of $X per ton, and then contracted modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Poland ($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 (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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