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Romania - Synthetic Latex Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Romania: Synthetic Latex Rubber Market 2024

Synthetic Latex Rubber Market Size in Romania

The Romanian synthetic latex rubber market soared to $X in 2021, growing by 50% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw resilient growth. Synthetic latex rubber consumption peaked at $X in 2016; afterwards, it flattened through to 2021.

Synthetic Latex Rubber Exports

Exports from Romania

In 2021, shipments abroad of synthetic latex rubber increased by 144% to X tons, rising for the second consecutive year after three years of decline. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 302%. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, synthetic latex rubber exports skyrocketed to $X in 2021. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 467%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Slovakia (X tons), Germany (X tons) and France (X tons) were the main destinations of synthetic latex rubber exports from Romania, with a combined 80% share of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +1,040.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovakia ($X) and France ($X) constituted the largest markets for synthetic latex rubber exported from Romania worldwide, with a combined 79% share of total exports.

Among the main countries of destination, France, with a CAGR of +571.4%, recorded 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

The average synthetic latex rubber export price stood at $X per ton in 2021, growing by 7.5% against the previous year. Overall, the export price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2013 an increase of 41%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to the Czech Republic ($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 the Netherlands (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Synthetic Latex Rubber Imports

Imports into Romania

Synthetic latex rubber imports into Romania skyrocketed to X tons in 2021, growing by 41% on the year before. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of 118% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, synthetic latex rubber imports soared to $X in 2021. Overall, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2015 when imports increased by 86%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest synthetic latex rubber supplier to Romania, accounting for a 57% share of total imports. Moreover, synthetic latex rubber imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by Italy (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +36.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+812.0% per year) and Italy (+11.0% per year).

In value terms, Germany ($X) constituted the largest supplier of synthetic latex rubber to Romania, comprising 48% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports. It was followed by Italy, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +25.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+691.0% per year) and Italy (+6.6% per year).

Import Prices by Country

In 2021, the average synthetic latex rubber import price amounted to $X per ton, picking up by 8.6% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+6.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for synthetic latex rubber in the world?

China remains the largest synthetic latex rubber consuming country worldwide, comprising approx. 20% of total volume. Moreover, synthetic latex rubber consumption in China exceeded the figures recorded by the second-largest consumer, Malaysia, twofold. India ranked third in terms of total consumption with a 7.9% share.

What are the largest producers of synthetic latex rubber in the world?

The countries with the highest volumes of synthetic latex rubber production in 2021 were China, South Korea and India, with a combined 40% share of global production.

What are the leading suppliers of synthetic latex rubber to Romania?

In value terms, Germany constituted the largest supplier of synthetic latex rubber to Romania, comprising 48% of total imports. The second position in the ranking was occupied by China, with a 16% share of total imports. It was followed by Italy, with a 15% share.

What are the leading importers of synthetic latex rubber from Romania?

In value terms, Germany, Slovakia and France constituted the largest markets for synthetic latex rubber exported from Romania worldwide, together accounting for 79% of total exports.

What is the average export price for synthetic latex rubber in Romania?

In 2021, the average synthetic latex rubber export price amounted to $3,035 per ton, with a decrease of -27.2% against the previous year.

What is the average import price for synthetic latex rubber in Romania?

In 2021, the average synthetic latex rubber import price amounted to $1,831 per ton, with an increase of 28% against the previous year.

This report provides an in-depth analysis of the synthetic latex rubber market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20171050 - Synthetic latex rubber

Country coverage:

Romania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Romania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023