Romania: Wrapping Papers Market 2024

Wrapping Papers Market Size in Romania

The Romanian wrapping papers market rose remarkably to $X in 2021, with an increase of 10% against the previous year. The market value increased at an average annual rate of +2.1% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Wrapping Papers Production in Romania

In value terms, wrapping papers production rose remarkably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 16% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Wrapping Papers Exports

Exports from Romania

In 2021, approx. X tons of wrapping paper, packaging paper and paperboard were exported from Romania; with an increase of 32% compared with 2020 figures. In general, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -5.5% against 2019 indices. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, wrapping papers exports surged to $X in 2021. Over the period under review, exports continue to indicate resilient growth. The growth pace was the most rapid in 2018 when exports increased by 37% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Hungary (X tons) was the main destination for wrapping papers exports from Romania, with a 55% share of total exports. Moreover, wrapping papers exports to Hungary exceeded the volume sent to the second major destination, Moldova (X tons), threefold. Slovakia (X tons) ranked third in terms of total exports with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hungary amounted to +2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+23.4% per year) and Slovakia (+96.1% per year).

In value terms, Hungary ($X) remains the key foreign market for wrapping paper, packaging paper and paperboard exports from Romania, comprising 48% of total exports. The second position in the ranking was taken by Moldova ($X), with a 14% share of total exports. It was followed by Slovakia, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value to Hungary totaled +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+21.3% per year) and Slovakia (+95.8% per year).

Export Prices by Country

The average wrapping papers export price stood at $X per ton in 2021, growing by 1.9% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 14%. As a result, the export price attained the peak level of $X per ton; afterwards, it flattened through to 2021.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Italy ($X per ton), while the average price for exports to Moldova ($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 Hungary (+2.3%), while the prices for the other major destinations experienced a decline.

Wrapping Papers Imports

Imports into Romania

Wrapping papers imports into Romania soared to X tons in 2021, jumping by 23% compared with 2020. The total import volume increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wrapping papers imports surged to $X in 2021. Over the period under review, total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of wrapping papers to Romania, with a 39% share of total imports. Moreover, wrapping papers imports from Russia exceeded the figures recorded by the second-largest supplier, Austria (X tons), fourfold. The third position in this ranking was held by Sweden (X tons), with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia stood at +11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+6.3% per year) and Sweden (+6.3% per year).

In value terms, Russia ($X) constituted the largest supplier of wrapping paper, packaging paper and paperboard to Romania, comprising 26% of total imports. The second position in the ranking was taken by Austria ($X), with an 11% share of total imports. It was followed by Sweden, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Russia amounted to +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+8.9% per year) and Sweden (+6.8% per year).

Import Prices by Country

The average wrapping papers import price stood at $X per ton in 2021, with an increase of 7.8% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 12%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Hungary ($X per ton), while the price for Russia ($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 (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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