Romania: Market for Jute And Jute-Like Fibers 2024

Market Size for Jute And Jute-Like Fibers in Romania

The Romanian jute and jute-like fibers market dropped markedly to $X in 2022, which is down by X% against the previous year. In general, consumption, however, saw strong growth. As a result, consumption reached the peak level of $X, and then contracted rapidly in the following year.

Production of Jute And Jute-Like Fibers in Romania

In value terms, jute and jute-like fibers production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

The average yield of jute and jute-like fibers in Romania totaled less than X kg per ha in 2022, almost unchanged from the year before. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The jute and jute-like fibers harvested area in Romania totaled less than X ha in 2022, leveling off at 2021. In general, the harvested area recorded a relatively flat trend pattern.

Exports of Jute And Jute-Like Fibers

Exports from Romania

In 2022, shipments abroad of jute and jute-like fibers increased by X% to X kg, rising for the second consecutive year after five years of decline. Overall, exports, however, faced a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X kg in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, jute and jute-like fibers exports skyrocketed to $X in 2022. In general, exports, however, faced a significant curtailment. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

France (X kg) and the Netherlands (X kg) were the main destinations of jute and jute-like fibers exports from Romania.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%).

In value terms, the Netherlands ($X) and France ($X) appeared to be the largest markets for jute and jute-like fibers exported from Romania worldwide.

France, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average jute and jute-like fibers export price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price, however, recorded a noticeable downturn. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to France amounted to $X per ton.

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

Imports of Jute And Jute-Like Fibers

Imports into Romania

In 2022, imports of jute and jute-like fibers into Romania contracted dramatically to X tons, reducing by X% compared with the previous year's figure. Overall, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then contracted notably in the following year.

In value terms, jute and jute-like fibers imports surged to $X in 2022. Over the period under review, imports, however, saw a temperate increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

France (X tons), Poland (X tons) and Moldova (X tons) were the main suppliers of jute and jute-like fibers imports to Romania, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Poland ($X) constituted the largest supplier of jute and jute-like fibers to Romania, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Moldova, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Moldova (X% per year).

Import Prices by Country

In 2022, the average jute and jute-like fibers import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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