Romania: Hat Market Overview 2020

Hat Market Size in Romania

The revenue of the hat market in Romania amounted to $X in 2018, increasing by X% against the previous year. Over the period under review, the total market indicated prominent growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hat consumption increased by +X% against 2015 indices. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Hat consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Hat Production in Romania

In value terms, hat production amounted to $X in 2018 estimated in export prices. Overall, hat production continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2011 when production volume increased by X% year-to-year. Hat production peaked in 2018 and is likely to continue its growth in the near future.

Hat Exports

Exports from Romania

In 2018, the amount of hats and other headgear exported from Romania amounted to X units, going down by -X% against the previous year. Over the period under review, hat exports continue to indicate an abrupt drop. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, hat exports attained their peak figure at X units in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, hat exports stood at $X in 2018. In general, hat exports continue to indicate a measured shrinkage. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Poland (X units), Italy (X units) and Germany (X units) were the main destinations of hat exports from Romania, with a combined X% share of total exports. Hungary, Croatia and Bulgaria lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Bulgaria, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Hungary ($X) constituted the largest markets for hat exported from Romania worldwide, with a combined X% share of total exports. These countries were followed by Bulgaria, Croatia and Poland, which together accounted for a further X terms of the main countries of destination, Bulgaria experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average hat export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the hat export price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for hats and other headgear attained their maximum in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Germany ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Hat Imports

Imports into Romania

In 2018, the imports of hats and other headgear into Romania stood at X units, lowering by -X% against the previous year. Overall, hat imports continue to indicate a significant shrinkage. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. In that year, hat imports attained their peak of X units. From 2009 to 2018, the growth of hat imports failed to regain its momentum.

In value terms, hat imports amounted to $X in 2018. Over the period under review, the total imports indicated a prominent expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hat imports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

China (X units), Poland (X units) and Hungary (X units) were the main suppliers of hat imports to Romania, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Poland, while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and Italy ($X) constituted the largest hat suppliers to Romania, with a combined X% share of total imports.

Poland experienced the highest rates of growth with regard to imports, among the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hat import price stood at $X per unit in 2018, going up by X% against the previous year. Over the period under review, the hat import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. Over the period under review, the average import prices for hats and other headgear reached their maximum in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Slovakia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform