Romania: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in Romania

In 2021, the Romanian plastic household ware market decreased by -0.7% to $X, falling for the third consecutive year after three years of growth. The market value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Plastic household ware consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Plastic Household Ware Production in Romania

In value terms, plastic household ware production surged to $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible curtailment. Plastic household ware production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Plastic Household Ware Exports

Exports from Romania

In 2021, overseas shipments of plastics household articles and toilet articles were finally on the rise to reach X tons for the first time since 2015, thus ending a five-year declining trend. Over the period under review, total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic household ware exports skyrocketed to $X in 2021. In general, total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. 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.

Exports by Country

Italy (X tons), Germany (X tons) and Serbia (X tons) were the main destinations of plastic household ware exports from Romania, with a combined 48% share of total exports. These countries were followed by Hungary, Bulgaria, Greece, France, Moldova, Poland, Croatia, the Netherlands and Spain, which together accounted for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +138.7%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Hungary ($X) constituted the largest markets for plastic household ware exported from Romania worldwide, with a combined 49% share of total exports. These countries were followed by Bulgaria, Greece, France, Serbia, Moldova, Poland, the Netherlands, Croatia and Spain, which together accounted for a further 36%.

The Netherlands, with a CAGR of +125.6%, saw the highest rates of growth with regard to 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

The average plastic household ware export price stood at $X per ton in 2021, increasing by 2.9% against the previous year. Over the last nine years, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2018 an increase of 19%. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Serbia ($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 Poland (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Ware Imports

Imports into Romania

In 2021, overseas purchases of plastics household articles and toilet articles were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +4.0% 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 decreased by -12.9% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 28% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, plastic household ware imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +8.5% 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 +109.1% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), China (X tons) and Hungary (X tons) were the main suppliers of plastic household ware imports to Romania, together comprising 42% of total imports. Serbia, Poland, Italy, Germany and Bulgaria lagged somewhat behind, together comprising a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +33.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic household ware suppliers to Romania were Hungary ($X), Poland ($X) and China ($X), with a combined 38% share of total imports. These countries were followed by Turkey, Italy, Germany, Serbia and Bulgaria, which together accounted for a further 42%.

Serbia, with a CAGR of +33.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic household ware import price stood at $X per ton in 2021, surging by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.3%. The pace of growth was the most pronounced in 2020 an increase of 18% against the previous year. The import price peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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