Romania: Plastic Box Market 2024

Plastic Box Market Size in Romania

In 2022, the Romanian plastic box market decreased by X% to $X for the first time since 2013, thus ending a eight-year rising trend. Over the period under review, consumption recorded a prominent expansion. Over the period under review, the market hit record highs at $X in 2021, and then reduced in the following year.

Plastic Box Production in Romania

In value terms, plastic box production totaled $X in 2022 estimated in export price. Over the period under review, production, however, posted a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in the near future.

Plastic Box Exports

Exports from Romania

In 2022, shipments abroad of plastic boxes, cases, crates and similar packing articles decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Overall, exports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then dropped in the following year.

In value terms, plastic box exports declined slightly to $X in 2022. In general, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then fell slightly in the following year.

Exports by Country

Turkey (X tons), Greece (X tons) and the UK (X tons) were the main destinations of plastic box exports from Romania, with a combined X% share of total exports. Germany, Hungary, Moldova, Serbia, Poland, Spain, Italy, the Czech Republic and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic box exported from Romania were the UK ($X), Greece ($X) and Turkey ($X), together accounting for X% of total exports. Germany, Moldova, Poland, Serbia, Italy, the Czech Republic, Spain, Hungary and France lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic box export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Box Imports

Imports into Romania

For the seventh consecutive year, Romania recorded growth in overseas purchases of plastic boxes, cases, crates and similar packing articles, which increased by X% to X tons in 2022. In general, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic box imports reduced modestly to $X in 2022. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

Turkey (X tons), Poland (X tons) and Hungary (X tons) were the main suppliers of plastic box imports to Romania, with a combined X% share of total imports. Bulgaria, Germany, Greece, Italy, Serbia, France, Spain, the Czech Republic and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Germany ($X) and Bulgaria ($X) appeared to be the largest plastic box suppliers to Romania, together accounting for X% of total imports.

Bulgaria, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic box import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price recorded a mild decrease. The growth pace was the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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