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

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

The Romanian propylene polymer rigid pipes market shrank notably to $X in 2022, with a decrease of -43% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then declined sharply in the following year.

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

In value terms, propylene polymer rigid pipes production fell slightly to $X in 2022 estimated in export price. Over the period under review, production showed a noticeable descent. The pace of growth was the most pronounced in 2014 with an increase of 73% against the previous year. Propylene polymer rigid pipes production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

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

Exports from Romania

For the fourth year in a row, Romania recorded decline in shipments abroad of rigid tubes, pipes and hoses of polymers of propylene, which decreased by -29.9% to X tons in 2022. Over the period under review, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2018 when exports increased by 73%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, propylene polymer rigid pipes exports shrank significantly to $X in 2022. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by 70%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Bulgaria (X tons), Moldova (X tons) and Hungary (X tons) were the main destinations of propylene polymer rigid pipes exports from Romania, with a combined 50% share of total exports. Italy, Serbia, the Netherlands, South Korea, Ukraine, Iraq, Poland, Greece, Lebanon and France lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +1,702.3%), while the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Bulgaria ($X) and Italy ($X) were the largest markets for propylene polymer rigid pipes exported from Romania worldwide, together accounting for 47% of total exports.

In terms of the main countries of destination, South Korea, with a CAGR of +1,448.9%, 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 propylene polymer rigid pipes export price amounted to $X per ton, rising by 6.3% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 33%. The export price peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Moldova ($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 Italy (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Romania

In 2022, after six years of growth, there was significant decline in purchases abroad of rigid tubes, pipes and hoses of polymers of propylene, when their volume decreased by -54.5% to X tons. Over the period under review, imports recorded a noticeable slump. The pace of growth appeared the most rapid in 2019 when imports increased by 25%. Imports peaked at X tons in 2021, and then fell dramatically in the following year.

In value terms, propylene polymer rigid pipes imports declined rapidly to $X in 2022. In general, imports recorded a perceptible downturn. The growth pace was the most rapid in 2018 when imports increased by 31% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then plummeted in the following year.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of propylene polymer rigid pipes to Romania, accounting for a 64% share of total imports. Moreover, propylene polymer rigid pipes imports from Turkey exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), fivefold. Germany (X tons) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+18.3% per year) and Germany (-5.0% per year).

In value terms, Turkey ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of propylene to Romania, comprising 54% of total imports. The second position in the ranking was taken by Bulgaria ($X), with a 15% share of total imports. It was followed by Italy, with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey amounted to +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+27.1% per year) and Italy (+7.6% per year).

Import Prices by Country

The average propylene polymer rigid pipes import price stood at $X per ton in 2022, surging by 2.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 19%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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