Romania: Market for Vulcanised Cellular Rubber Articles For Technical Uses 2025

Market Size for Vulcanised Cellular Rubber Articles For Technical Uses in Romania

In 2021, the Romanian vulcanised cellular rubber articles market decreased by -45.6% to $X, falling for the second consecutive year after two years of growth. Overall, consumption continues to indicate a deep setback. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Vulcanised Cellular Rubber Articles For Technical Uses in Romania

In value terms, vulcanised cellular rubber articles production contracted markedly to $X in 2021 estimated in export price. Overall, production faced a significant curtailment. The growth pace was the most rapid in 2016 with an increase of 99% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Vulcanised Cellular Rubber Articles For Technical Uses

Exports from Romania

In 2021, vulcanised cellular rubber articles exports from Romania surged to X tons, increasing by 31% against the year before. Over the period under review, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 79% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, vulcanised cellular rubber articles exports surged to $X in 2021. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for vulcanised cellular rubber articles exports from Romania, with a 38% share of total exports. Moreover, vulcanised cellular rubber articles exports to Germany exceeded the volume sent to the second major destination, Colombia (X tons), twofold. Morocco (X tons) ranked third in terms of total exports with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +40.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+402.6% per year) and Morocco (+101.7% per year).

In value terms, Morocco ($X), Germany ($X) and Colombia ($X) appeared to be the largest markets for vulcanised cellular rubber articles exported from Romania worldwide, with a combined 79% share of total exports.

Among the main countries of destination, Colombia, with a CAGR of +246.6%, 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

The average vulcanised cellular rubber articles export price stood at $X per ton in 2021, increasing by 113% against the previous year. Overall, the export price recorded a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Morocco ($X per ton), while the average price for exports to Germany ($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 Lithuania (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vulcanised Cellular Rubber Articles For Technical Uses

Imports into Romania

In 2021, purchases abroad of vulcanised cellular rubber articles for technical uses increased by 28% to X tons, rising for the third year in a row after two years of decline. In general, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.4% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 43% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, vulcanised cellular rubber articles imports skyrocketed to $X in 2021. Overall, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +109.0% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) constituted the largest vulcanised cellular rubber articles supplier to Romania, with a 37% share of total imports. Moreover, vulcanised cellular rubber articles imports from Italy exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled +13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+0.8% per year) and Germany (+6.9% per year).

In value terms, the largest vulcanised cellular rubber articles suppliers to Romania were Italy ($X), Germany ($X) and Spain ($X), together accounting for 57% of total imports. France, Poland, Greece, Hungary and the UK lagged somewhat behind, together accounting for a further 27%.

Among the main suppliers, Poland, with a CAGR of +21.0%, 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

In 2021, the average vulcanised cellular rubber articles import price amounted to $X per ton, jumping by 20% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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