Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Romania - 2023

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Romania (CIF) - 2023
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Romania (FOB) - 2023
  3. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Romania
  4. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Romania

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Romania (CIF) - 2023

The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,772 per ton in November 2023, stabilizing at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in December 2022 an increase of 25% month-to-month. The import price peaked at $4,088 per ton in June 2023; however, from July 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($4,997 per ton), while the price for Turkey ($2,207 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Romania (FOB) - 2023

In November 2023, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $7,494 per ton, rising by 6.8% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 20% m-o-m. As a result, the export price reached the peak level of $8,516 per ton. From February 2023 to November 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Finland ($20,010 per ton), while the average price for exports to Greece ($3,891 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Romania

In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) imported into Romania expanded sharply to 21K tons, growing by 9.7% on 2021. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) rose significantly to $73M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany19.319.326.327.913.1%
Italy9.39.213.315.217.8%
Poland2.83.05.36.331.0%
Hungary4.22.94.34.73.8%
Switzerland1.11.42.53.445.7%
Sweden1.62.12.22.19.5%
Turkey1.21.22.01.814.5%
Austria1.21.51.91.610.1%
Netherlands0.80.80.91.523.3%
Others8.14.57.08.30.8%
Total49.545.965.872.813.7%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Romania in 2022:

  1. Germany (6.8K tons)
  2. Italy (4.4K tons)
  3. Poland (2.2K tons)
  4. Hungary (2.1K tons)
  5. Sweden (1.0K tons)
  6. Switzerland (0.9K tons)
  7. Turkey (0.7K tons)
  8. Netherlands (0.5K tons)
  9. Austria (0.4K tons)

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Romania

Exports of adhesives; prepared, based on rubber or plastics (including artificial resins) from Romania shrank to 1.8K tons in 2022, waning by -6.1% compared with the year before. The total export volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. As a result, the exports attained the peak of 1.9K tons, and then reduced in the following year.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) shrank to $11M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 44% against the previous year. As a result, the exports attained the peak of $12M, and then reduced slightly in the following year.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4,2053,8955,2896,01212.7%
Spain8818621,4831,33915.0%
Poland2927591,07780240.0%
Italy24623946254030.0%
Moldova4144404665379.1%
Czech Republic8358401,329511-15.1%
Hungary91.958.216924338.3%
Estonia331176217170-19.9%
Austria273211203164-15.6%
South Korea156249404129-6.1%
Ukraine67.458.014110716.7%
Others7115277228405.7%
Total8,5048,31411,96311,39510.2%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Romania in 2022:

  1. Germany (890.6 tons)
  2. Spain (158.8 tons)
  3. Poland (150.8 tons)
  4. Moldova (122.7 tons)
  5. Italy (109.9 tons)
  6. Czech Republic (75.5 tons)
  7. Hungary (56.8 tons)
  8. Ukraine (41.7 tons)
  9. Austria (23.8 tons)
  10. Estonia (23.6 tons)
  11. South Korea (17.1 tons)

Source: IndexBox Market Intelligence Platform

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