Romania: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Romania

The Romanian ethylene polymer rigid pipes market expanded significantly to $X in 2021, picking up by 12% against the previous year. Over the period under review, consumption, however, saw resilient growth. Ethylene polymer rigid pipes consumption peaked in 2021 and is likely to see steady growth in the near future.

Production of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Romania

In value terms, ethylene polymer rigid pipes production rose remarkably to $X in 2021 estimated in export price. In general, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +137.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 108%. Over the period under review, production reached the peak level in 2021 and is expected to retain growth in the immediate term.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports from Romania

In 2021, shipments abroad of rigid tubes, pipes and hoses of polymers of ethylene increased by 67% to X tons, rising for the second year in a row after two years of decline. Overall, exports posted a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 136%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, ethylene polymer rigid pipes exports surged to $X in 2021. Over the period under review, exports saw a strong increase. The pace of growth was the most pronounced in 2017 when exports increased by 130% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

Moldova (X tons) was the main destination for ethylene polymer rigid pipes exports from Romania, with a 31% share of total exports. Moreover, ethylene polymer rigid pipes exports to Moldova exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. Hungary (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Moldova was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+259.4% per year) and Hungary (+52.5% per year).

In value terms, Moldova ($X) remains the key foreign market for rigid tubes, pipes and hoses of polymers of ethylene exports from Romania, comprising 30% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of total exports. It was followed by Italy, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Moldova was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+205.2% per year) and Italy (+106.2% per year).

Export Prices by Country

The average ethylene polymer rigid pipes export price stood at $X per ton in 2021, surging by 22% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Hungary ($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 Italy (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports into Romania

For the fourth year in a row, Romania recorded growth in overseas purchases of rigid tubes, pipes and hoses of polymers of ethylene, which increased by 30% to X tons in 2021. Overall, imports recorded a buoyant increase. The pace of growth appeared the most rapid in 2019 when imports increased by 59%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, ethylene polymer rigid pipes imports soared to $X in 2021. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 63% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Bulgaria (X tons), Italy (X tons) and Poland (X tons) were the main suppliers of ethylene polymer rigid pipes imports to Romania, with a combined 52% share of total imports. These countries were followed by Germany, Ukraine, Hungary, Turkey, Greece, Slovakia and the Czech Republic, which together accounted for a further 44%.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +91.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ethylene polymer rigid pipes suppliers to Romania were Bulgaria ($X), Germany ($X) and Italy ($X), together comprising 52% of total imports. Poland, Hungary, Turkey, Ukraine, Greece, Slovakia and the Czech Republic lagged somewhat behind, together comprising a further 42%.

In terms of the main suppliers, Ukraine, with a CAGR of +77.6%, 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 2021, the average ethylene polymer rigid pipes import price amounted to $X per ton, increasing by 13% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 45% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat 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 Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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