Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Romania - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Romania (CIF) - 2023
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Romania (FOB) - 2023
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Romania
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Romania
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Romania (CIF) - 2023
The average import price for wadding; other articles thereof, of man-made fibreses stood at $11,444 per ton in October 2023, growing by 3.3% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +4.3%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 33% m-o-m. As a result, import price attained the peak level of $12,081 per ton. From February 2023 to October 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($41,357 per ton), while the price for China ($1,432 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Romania (FOB) - 2023
The average export price for wadding; other articles thereof, of man-made fibreses stood at $11,688 per ton in October 2023, standing approximately at the previous month. Over the last twelve months, it increased at an average monthly rate of +2.3%. The pace of growth was the most pronounced in June 2023 an increase of 17% against the previous month. As a result, the export price reached the peak level of $14,299 per ton. From July 2023 to October 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Uzbekistan ($21,738 per ton), while the average price for exports to Turkey ($7,668 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Romania
For the fourth consecutive year, Romania recorded growth in overseas purchases of wadding; other articles thereof, of man-made fibreses, which increased by 7% to 3.5K tons in 2022. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 8.1%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of wadding; other articles thereof, of man-made fibreses expanded to $33M in 2022. Overall, imports, however, showed a pronounced shrinkage.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 11.7 | 7.3 | 5.0 | 7.3 | -14.5% |
| South Korea | 4.5 | 10.0 | 13.3 | 7.2 | 17.0% |
| Thailand | 5.5 | 3.3 | 1.1 | 6.7 | 6.8% |
| Germany | 1.1 | 1.0 | 1.6 | 2.6 | 33.2% |
| Ukraine | 0.4 | 3.2 | 3.0 | 2.4 | 81.7% |
| Turkey | N/A | 0.7 | 1.0 | 1.2 | 30.9% |
| Italy | 2.1 | 1.5 | 1.1 | 1.1 | -19.4% |
| Bulgaria | 1.7 | 1.4 | 1.2 | 1.0 | -16.2% |
| Hungary | 2.6 | 2.7 | 1.8 | 0.9 | -29.8% |
| Croatia | 0.9 | 0.5 | 0.8 | 0.7 | -8.0% |
| China | 0.4 | 0.4 | 0.5 | 0.4 | 0.0% |
| Indonesia | 4.6 | 2.0 | 0.6 | N/A | -63.9% |
| Others | 2.7 | 1.8 | 1.8 | 2.0 | -9.5% |
| Total | 38.1 | 35.8 | 32.8 | 33.5 | -4.2% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Romania in 2022:
- Poland (1152.2 tons)
- Germany (482.4 tons)
- Thailand (330.8 tons)
- Ukraine (273.0 tons)
- China (247.7 tons)
- South Korea (228.5 tons)
- Turkey (169.0 tons)
- Italy (117.2 tons)
- Bulgaria (111.8 tons)
- Hungary (102.1 tons)
- Croatia (93.1 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Romania
In 2022, the amount of wadding; other articles thereof, of man-made fibreses exported from Romania soared to 2.2K tons, picking up by 80% on the previous year's figure. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of wadding; other articles thereof, of man-made fibreses soared to $18M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 2.7 | 1.0 | 1.7 | 8.5 | 46.6% |
| Switzerland | 4.0 | 4.4 | 5.6 | 5.2 | 9.1% |
| Bulgaria | 0.3 | 0.8 | 1.3 | 1.0 | 49.4% |
| Serbia | 0.2 | 0.5 | 0.9 | 0.9 | 65.1% |
| Netherlands | 0.1 | N/A | N/A | 0.7 | 91.3% |
| Poland | 2.6 | 2.7 | 0.4 | 0.5 | -42.3% |
| United Arab Emirates | N/A | N/A | N/A | 0.4 | 0% |
| Moldova | 0.2 | 0.3 | 0.2 | 0.1 | -20.6% |
| Hungary | 0.6 | 0.5 | 0.1 | N/A | -59.2% |
| Others | 1.1 | 1.2 | 0.9 | 1.0 | -3.1% |
| Total | 11.9 | 11.4 | 10.9 | 18.3 | 15.4% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Romania in 2022:
- Switzerland (784.5 tons)
- Croatia (757.7 tons)
- Serbia (121.7 tons)
- Bulgaria (108.6 tons)
- Poland (86.0 tons)
- Netherlands (83.9 tons)
- United Arab Emirates (54.5 tons)
- Moldova (35.7 tons)
- Hungary (0.8 tons)
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