Report Update: Apr 28, 2024

Romania - Sacks And Bags Of Cotton - Market Analysis, Forecast, Size, Trends And Insights

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Cotton Bag Price in Romania - 2023

Cotton Bag Price in Romania (CIF) - 2023

The average cotton bag import price stood at $7,145 per ton in June 2023, reducing by -21.4% against the previous month. Overall, the import price recorded a slight setback. The pace of growth appeared the most rapid in August 2022 an increase of 104% month-to-month. Over the period under review, average import prices hit record highs at $11,506 per ton in February 2023; however, from March 2023 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($53,074 per ton), while the price for Moldova ($1,489 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Cotton Bag Price in Romania (FOB) - 2022

The average cotton bag export price stood at $8,898 per ton in 2022, picking up by 3.6% against the previous year. Over the period under review, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by 76% against the previous year. The export price peaked at $34,642 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($27,725 per ton), while the average price for exports to Italy totaled $6,597 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-9.1%).

Cotton Bag Imports in Romania

In 2022, purchases abroad of sacks and bags of cotton decreased by -43.5% to 159 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 103% against the previous year. As a result, imports attained the peak of 281 tons, and then dropped dramatically in the following year.

In value terms, cotton bag imports fell dramatically to $1.2M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 76%.

Import of Cotton Bag in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bulgaria	N/A	415	451	618	22.0%
Italy	410	386	307	264	-13.6%
China	39.6	25.7	75.2	116	43.1%
Moldova	59.4	43.6	58.9	63.2	2.1%
France	33.4	44.4	55.9	61.6	22.6%
Netherlands	0.4	11.1	653	42.0	371.8%
Others	61.7	140	144	50.0	-6.8%
Total	604	1,066	1,745	1,214	26.2%

Top Suppliers of Cotton Bag to Romania in 2022:

Bulgaria (64.6 tons)
Moldova (59.5 tons)
Italy (15.7 tons)
France (6.2 tons)
China (5.4 tons)
Netherlands (4.2 tons)

Cotton Bag Exports in Romania

In 2022, the amount of sacks and bags of cotton exported from Romania soared to 78 tons, picking up by 27% compared with 2021. In general, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cotton bag exports skyrocketed to $698K in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cotton Bag in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	441	427	382	483	3.1%
Germany	N/A	61.3	116	82.9	16.3%
Others	28.6	30.6	33.9	131	66.1%
Total	470	519	531	698	14.1%

Top Export Markets for Cotton Bag from Romania in 2022:

Italy (73.3 tons)
Germany (3.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cotton bag market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13922130 - Sacks and bags, of cotton, used for packing goods

Country coverage:

Romania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Romania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023