Romania: Cotton Embroidery Market 2024

Cotton Embroidery Market Size in Romania

The Romanian cotton embroidery market reduced to $X in 2022, shrinking by X% against the previous year. Overall, consumption, however, recorded a modest expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Cotton Embroidery Production in Romania

In value terms, cotton embroidery production surged to $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

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Cotton Embroidery Exports

Exports from Romania

Cotton embroidery exports from Romania contracted dramatically to X tons in 2022, dropping by X% on the previous year's figure. Overall, exports saw a abrupt contraction. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, cotton embroidery exports plummeted to $X in 2022. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X kg) was the main destination for cotton embroidery exports from Romania, accounting for a X% share of total exports. Moreover, cotton embroidery exports to Germany exceeded the volume sent to the second major destination, the UK (X kg), fourfold. Italy (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Italy (X% per year).

In value terms, Germany ($X) remains the key foreign market for cotton embroidery in the piece exports from Romania, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Italy, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Italy (X% per year).

Export Prices by Country

The average cotton embroidery export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price saw a deep downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to France ($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 a decline.

Cotton Embroidery Imports

Imports into Romania

In 2022, cotton embroidery imports into Romania shrank significantly to X tons, which is down by X% against the previous year's figure. In general, imports, however, recorded slight growth. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, cotton embroidery imports fell remarkably to $X in 2022. Over the period under review, imports recorded a perceptible reduction. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X tons), Germany (X tons) and Myanmar (X tons) were the main suppliers of cotton embroidery imports to Romania, together comprising X% of total imports. Spain, France, China, Greece, Turkey and Hungary lagged somewhat behind, together comprising a further X%.

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

In value terms, Italy ($X), France ($X) and Germany ($X) appeared to be the largest cotton embroidery suppliers to Romania, together accounting for X% of total imports. Myanmar, Spain, Greece, Turkey, China and Hungary lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2022, the average cotton embroidery import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Turkey (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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