Romania: Sisal Binder Market 2025

Sisal Binder Market Size in Romania

The Romanian sisal binder market rose rapidly to $X in 2022, picking up by 9.1% against the previous year. In general, the total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -9.2% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Sisal Binder Production in Romania

In value terms, sisal binder production rose notably to $X in 2022 estimated in export price. In general, the total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 51% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Sisal Binder Exports

Exports from Romania

In 2022, the amount of sisal binder or baler (agricultural) twines exported from Romania shrank markedly to X kg, which is down by -79.3% compared with 2021. Overall, exports faced a deep slump. The pace of growth was the most pronounced in 2015 when exports increased by 656%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, sisal binder exports dropped markedly to $X in 2022. Over the period under review, exports recorded a dramatic descent. The growth pace was the most rapid in 2015 with an increase of 262%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X kg), Hungary (X kg) and Spain (X kg) were the main destinations of sisal binder exports from Romania, together comprising 99% of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +0.8%), while shipments for the other leaders experienced a decline.

In value terms, Italy ($X) remains the key foreign market for sisal binder or baler (agricultural) twines exports from Romania, comprising 65% of total exports. The second position in the ranking was held by Hungary ($X), with a 32% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Italy amounted to +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-24.9% per year) and Spain (-19.4% per year).

Export Prices by Country

The average sisal binder export price stood at $X per ton in 2022, reducing by -8.5% against the previous year. Over the period under review, the export price saw a perceptible reduction. The pace of growth appeared the most rapid in 2016 an increase of 276% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Hungary ($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 Spain (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sisal Binder Imports

Imports into Romania

In 2022, overseas purchases of sisal binder or baler (agricultural) twines decreased by -38.2% to X tons, falling for the fourth consecutive year after three years of growth. In general, imports, however, continue to indicate a modest expansion. The pace of growth was the most pronounced in 2017 when imports increased by 277% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, sisal binder imports fell rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 201% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Bangladesh (X tons) constituted the largest sisal binder supplier to Romania, accounting for a 62% share of total imports. Moreover, sisal binder imports from Bangladesh exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was held by Austria (X kg), with a 2.9% share.

From 2012 to 2022, the average annual growth rate of volume from Bangladesh amounted to -9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.6% per year) and Austria (+1.4% per year).

In value terms, the largest sisal binder suppliers to Romania were Bangladesh ($X), Italy ($X) and Austria ($X), with a combined 82% share of total imports. Belgium, China, Germany and Serbia lagged somewhat behind, together accounting for a further 12%.

In terms of the main suppliers, Belgium, with a CAGR of +70.2%, recorded the highest rates of growth with regard to 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

The average sisal binder import price stood at $X per ton in 2022, surging by 3.6% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 73%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+34.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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