Romania: Lamp Plastic Parts Market 2024

Lamp Plastic Parts Market Size in Romania

For the third consecutive year, the Romanian lamp plastic parts market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption continues to indicate a buoyant increase. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Lamp Plastic Parts Production in Romania

In value terms, lamp plastic parts production contracted to $X in 2022 estimated in export price. Overall, production, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when the production volume decreased by X% against the previous year. Lamp plastic parts production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Lamp Plastic Parts Exports

Exports from Romania

In 2022, the amount of plastic parts for lamps and lighting fittings exported from Romania declined remarkably to X tons, shrinking by X% compared with the previous year. In general, exports saw a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, lamp plastic parts exports dropped significantly to $X in 2022. Overall, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), the UK (X tons) and France (X tons) were the main destinations of lamp plastic parts exports from Romania, with a combined X% share of total exports. Portugal, Moldova, Turkey, the Czech Republic and Greece lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X) remains the key foreign market for plastic parts for lamps and lighting fittings exports from Romania, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value 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 France (X% per year).

Export Prices by Country

The average lamp plastic parts export price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 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 the Czech Republic ($X per ton), while the average price for exports to the UK ($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 Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Plastic Parts Imports

Imports into Romania

In 2022, purchases abroad of plastic parts for lamps and lighting fittings increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports showed a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, lamp plastic parts imports expanded markedly to $X in 2022. Over the period under review, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), Slovakia (X tons) and Greece (X tons) were the main suppliers of lamp plastic parts imports to Romania, together accounting for X% of total imports.

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

In value terms, Germany ($X), Slovakia ($X) and China ($X) were the largest lamp plastic parts suppliers to Romania, with a combined X% share of total imports.

Among the main suppliers, Slovakia, with a CAGR of X%, recorded 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 lamp plastic parts import price amounted to $X per ton, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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