Romania: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in Romania

In 2022, the Romanian market for rigid tubes, pipes and hoses, of other polymers was finally on the rise to reach $X after four years of decline. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in Romania

In value terms, production of rigid tubes, pipes and hoses, of other polymers rose significantly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 22% against the previous year. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports from Romania

In 2022, overseas shipments of rigid tubes, pipes and hoses, of other polymers increased by 7.9% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.3% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 35%. Over the period under review, the exports of reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers contracted rapidly to $X in 2022. In general, exports showed a strong expansion. The pace of growth was the most pronounced in 2019 when exports increased by 68% against the previous year. Over the period under review, the exports of hit record highs at $X in 2021, and then shrank notably in the following year.

Exports by Country

Bulgaria (X tons), the Netherlands (X tons) and Italy (X tons) were the main destinations of exports of rigid tubes, pipes and hoses, of other polymers from Romania, with a combined 39% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +171.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Hungary ($X) appeared to be the largest markets for rigid tubes, pipes and hoses, of other polymers exported from Romania worldwide, together comprising 52% of total exports. Spain, Bulgaria, Austria, the Netherlands, Croatia, the Czech Republic, France, Slovakia, Bosnia and Herzegovina and Slovenia lagged somewhat behind, together comprising a further 37%.

The Netherlands, with a CAGR of +176.0%, 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

In 2022, the average export price for rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, with a decrease of -24.7% against the previous year. Overall, the export price, however, showed a prominent expansion. The growth pace was the most rapid in 2020 an increase of 50% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then reduced sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Slovakia ($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 Hungary (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports into Romania

In 2022, supplies from abroad of rigid tubes, pipes and hoses, of other polymers increased by 49% to X tons, rising for the second consecutive year after two years of decline. Overall, imports showed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 91%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers soared to $X in 2022. In general, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 94%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Poland (X tons) and Turkey (X tons) were the main suppliers of imports of rigid tubes, pipes and hoses, of other polymers to Romania, together accounting for 79% of total imports. France, Spain and Italy lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +34.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Turkey ($X) constituted the largest rigid tubes, pipes and hoses, of other polymers suppliers to Romania, with a combined 75% share of total imports. Italy, Spain and France lagged somewhat behind, together comprising a further 14%.

Among the main suppliers, Spain, with a CAGR of +30.0%, 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

In 2022, the average import price for rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rigid tubes, pipes and hoses, of other polymers increased by +19.9% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 65% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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