Romania: Synthetic Latex Rubber Market 2025

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

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