Romania: Market for Polystyrene In Primary Forms (Excluding Expansible Polystyrene) 2025

Market Size for Polystyrene In Primary Forms (Excluding Expansible Polystyrene) in Romania

In 2021, the Romanian polystyrene in primary forms market was finally on the rise to reach $X after two years of decline. In general, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Polystyrene In Primary Forms (Excluding Expansible Polystyrene) in Romania

In value terms, polystyrene in primary forms production fell to $X in 2021 estimated in export price. In general, production enjoyed a prominent increase. The pace of growth appeared the most rapid in 2016 with an increase of 171% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Polystyrene In Primary Forms (Excluding Expansible Polystyrene)

Exports from Romania

Polystyrene in primary forms exports from Romania stood at X tons in 2021, with an increase of 5.4% against the previous year's figure. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 95% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, polystyrene in primary forms exports rose significantly to $X in 2021. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 115% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons), Italy (X tons) and the Czech Republic (X tons) were the main destinations of polystyrene in primary forms exports from Romania, together comprising 54% of total exports. China, Greece, Poland, Germany and Slovenia lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2021, the biggest increases were recorded for Greece (with a CAGR of +177.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polystyrene in primary forms exported from Romania were Italy ($X), the Czech Republic ($X) and Greece ($X), together accounting for 50% of total exports.

Greece, with a CAGR of +155.5%, 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

The average polystyrene in primary forms export price stood at $X per ton in 2021, picking up by 5.7% against the previous year. Overall, the export price, however, showed a pronounced decrease. The growth pace was the most rapid in 2017 when the average export price increased by 20%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Hong Kong SAR ($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 (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polystyrene In Primary Forms (Excluding Expansible Polystyrene)

Imports into Romania

Polystyrene in primary forms imports into Romania amounted to X tons in 2021, surging by 13% compared with 2020 figures. In general, total imports indicated a resilient expansion 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. Based on 2021 figures, imports increased by +18.0% against 2019 indices. The growth pace was the most rapid in 2015 when imports increased by 24% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, polystyrene in primary forms imports surged to $X in 2021. Over the period under review, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), Italy (X tons) and Russia (X tons) were the main suppliers of polystyrene in primary forms imports to Romania, with a combined 52% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +47.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Italy ($X) and Russia ($X) appeared to be the largest polystyrene in primary forms suppliers to Romania, together accounting for 55% of total imports.

Russia, with a CAGR of +46.2%, recorded the highest growth rate of 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 polystyrene in primary forms import price stood at $X per ton in 2021, jumping by 60% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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 Italy ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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