Romania: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in Romania

The Romanian market for plastic hoses and hose fittings contracted rapidly to $X in 2022, which is down by X% against the previous year. In general, consumption showed a deep contraction. Plastic hose and hose fitting consumption peaked at $X in 2021, and then reduced remarkably in the following year.

Production of Plastic Hoses and Hose Fittings in Romania

In value terms, plastic hose and hose fitting production contracted to $X in 2022 estimated in export price. Overall, production, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Plastic hose and hose fitting production peaked at $X in 2021, and then declined in the following year.

Exports of Plastic Hoses and Hose Fittings

Exports from Romania

In 2022, overseas shipments of plastic hoses and hose fittings decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, plastic hose and hose fitting exports declined markedly to $X in 2022. In general, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined markedly in the following year.

Exports by Country

Italy (X tons), Germany (X tons) and the United States (X tons) were the main destinations of plastic hose and hose fitting exports from Romania, together accounting for X% of total exports. Moldova, Spain, Bulgaria, Hungary, Egypt, Poland, Serbia, Chile, Turkey and Morocco lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for plastic hose and hose fitting exported from Romania were Germany ($X), Moldova ($X) and Italy ($X), with a combined X% share of total exports. The United States, Hungary, Poland, Spain, Serbia, Turkey, Egypt, Bulgaria, Chile and Morocco lagged somewhat behind, together accounting for a further X%.

Chile, 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, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for plastic hoses and hose fittings amounted to $X per ton, shrinking by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Chile ($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 Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Hoses and Hose Fittings

Imports into Romania

After seven years of growth, supplies from abroad of plastic hoses and hose fittings decreased by X% to X tons in 2022. In general, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, plastic hose and hose fitting imports dropped to $X in 2022. Overall, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. 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, and then contracted in the following year.

Imports by Country

Germany (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of plastic hose and hose fitting imports to Romania, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of plastic hoses and hose fittings to Romania, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by France, with a X% share.

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

Import Prices by Country

The average import price for plastic hoses and hose fittings stood at $X per ton in 2022, approximately mirroring the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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