Price for Waste, Parings and Scrap, of Plastics in Romania - 2023
Contents:
- Price for Waste, Parings and Scrap, of Plastics in Romania (CIF) - 2023
- Price for Waste, Parings and Scrap, of Plastics in Romania (FOB) - 2023
- Imports of Waste, Parings and Scrap, of Plastics in Romania
- Exports of Waste, Parings and Scrap, of Plastics in Romania
Price for Waste, Parings and Scrap, of Plastics in Romania (CIF) - 2023
The average import price for waste, parings and scrap, of plasticses stood at $189 per ton in October 2023, reducing by -35.1% against the previous month. In general, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 26% month-to-month. As a result, import price attained the peak level of $653 per ton. From August 2023 to October 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From October 2022 to October 2023, the rate of growth in terms of prices for the Netherlands amounted to -1.2% per month.
Price for Waste, Parings and Scrap, of Plastics in Romania (FOB) - 2023
The average export price for waste, parings and scrap, of plasticses stood at $210 per ton in October 2023, waning by -54.5% against the previous month. Over the period under review, the export price showed a abrupt setback. The growth pace was the most rapid in February 2023 when the average export price increased by 62% month-to-month. Over the period under review, the average export prices hit record highs at $593 per ton in November 2022; however, from December 2022 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Malaysia ($531 per ton), while the average price for exports to Turkey ($191 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 Vietnam (+85.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Waste, Parings and Scrap, of Plastics in Romania
After two years of decline, purchases abroad of waste, parings and scrap, of plasticses increased by 0.6% to 67K tons in 2022. Overall, imports, however, continue to indicate a abrupt decline.
In value terms, imports of waste, parings and scrap, of plasticses soared to $46M in 2022. In general, total imports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Waste, Parings and Scrap, of Plastics in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 8.2 | 6.9 | 13.3 | 14.1 | 19.8% |
| Netherlands | 0.9 | 2.4 | 4.3 | 5.8 | 86.1% |
| Turkey | 0.1 | 0.2 | 0.4 | 5.2 | 273.3% |
| Bulgaria | 3.0 | 2.4 | 5.5 | 5.0 | 18.6% |
| Germany | 3.1 | 1.3 | 1.4 | 2.7 | -4.5% |
| United Kingdom | 0.3 | 1.2 | 1.4 | 1.9 | 85.0% |
| Italy | 5.7 | 2.4 | 2.8 | 1.8 | -31.9% |
| Spain | 1.9 | 1.2 | 0.9 | 1.6 | -5.6% |
| Poland | 2.7 | 1.3 | 1.4 | 1.3 | -21.6% |
| Hungary | 2.6 | 0.6 | 0.6 | 0.9 | -29.8% |
| Slovakia | 3.5 | 4.7 | 1.0 | 0.6 | -44.4% |
| Lithuania | 4.7 | 1.1 | 0.1 | 0.3 | -60.0% |
| Others | 6.7 | 4.3 | 3.6 | 4.7 | -11.1% |
| Total | 43.3 | 30.1 | 36.8 | 45.9 | 2.0% |
Top Suppliers of Waste, Parings and Scrap, of Plastics to Romania in 2022:
- Greece (13.3K tons)
- Netherlands (12.0K tons)
- Bulgaria (6.7K tons)
- United Kingdom (5.1K tons)
- Germany (5.1K tons)
- Turkey (5.0K tons)
- Italy (3.5K tons)
- Spain (3.1K tons)
- Poland (2.2K tons)
- Hungary (1.1K tons)
- Slovakia (1.1K tons)
- Lithuania (0.5K tons)
Exports of Waste, Parings and Scrap, of Plastics in Romania
In 2022, the amount of waste, parings and scrap, of plasticses exported from Romania rose notably to 37K tons, with an increase of 9.6% against the previous year's figure. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of waste, parings and scrap, of plasticses stood at $20M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +69.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 63%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Waste, Parings and Scrap, of Plastics in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.6 | 1.7 | 3.3 | 4.3 | 39.0% |
| Italy | 3.3 | 2.3 | 3.7 | 3.7 | 3.9% |
| Poland | 1.4 | 1.3 | 2.1 | 2.4 | 19.7% |
| Hungary | 0.4 | 1.2 | 1.8 | 1.7 | 62.0% |
| Germany | 1.2 | 0.8 | 1.0 | 1.6 | 10.1% |
| Croatia | N/A | N/A | N/A | 1.1 | 0% |
| Czech Republic | 0.3 | 0.3 | 0.4 | 0.7 | 32.6% |
| Austria | 0.2 | 0.2 | 0.3 | 0.7 | 51.8% |
| Slovakia | 0.1 | N/A | 0.7 | 0.7 | 91.3% |
| Spain | 0.3 | 0.3 | 0.9 | 0.7 | 32.6% |
| Bulgaria | 0.9 | 0.5 | 0.7 | 0.6 | -12.6% |
| Greece | 0.4 | 0.1 | 0.1 | 0.4 | 0.0% |
| Hong Kong SAR | 1.2 | 0.5 | N/A | 0.1 | -56.3% |
| Others | 2.6 | 2.8 | 4.4 | 1.8 | -11.5% |
| Total | 14.1 | 12.1 | 19.6 | 20.4 | 13.1% |
Top Export Markets for Waste, Parings and Scrap, of Plastics from Romania in 2022:
- Turkey (9.2K tons)
- Italy (5.7K tons)
- Poland (4.0K tons)
- Bulgaria (3.2K tons)
- Hungary (2.9K tons)
- Germany (2.3K tons)
- Czech Republic (1.6K tons)
- Slovakia (1.3K tons)
- Austria (1.1K tons)
- Croatia (1.1K tons)
- Greece (1.0K tons)
- Spain (0.6K tons)
- Hong Kong SAR (0.3K tons)
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