Romania: Wood-Based Panels Market 2022

Wood-Based Panels Market Size in Romania

The Romanian wood-based panels market fell to $X in 2021, with a decrease of -X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Wood-Based Panels Production in Romania

In value terms, wood-based panels production fell to $X in 2021 estimated in export price. Over the period under review, production recorded a mild slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Wood-Based Panels Exports

Exports from Romania

In 2021, wood-based panels exports from Romania expanded modestly to X cubic meters, increasing by X% against the year before. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, wood-based panels exports soared to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X cubic meters), the United States (X cubic meters) and Poland (X cubic meters) were the main destinations of wood-based panels exports from Romania, together accounting for X% of total exports.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood-based panels exported from Romania were Italy ($X), Poland ($X) and the United States ($X), with a combined X% share of total exports.

The United States, with a CAGR of +X%, saw the highest rates of growth with regard to 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 2021, the average wood-based panels export price amounted to $X per cubic meter, with an increase of X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per cubic meter), while the average price for exports to the United States ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood-Based Panels Imports

Imports into Romania

In 2021, after two years of growth, there was significant decline in overseas purchases of wood-based panels, when their volume decreased by -X% to X cubic meters. Overall, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at X cubic meters in 2020, and then fell significantly in the following year.

In value terms, wood-based panels imports surged to $X in 2021. Over the period under review, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Hungary (X cubic meters), Poland (X cubic meters) and Germany (X cubic meters) were the main suppliers of wood-based panels imports to Romania, together accounting for X% of total imports. These countries were followed by Russia, Turkey, Bulgaria, Ukraine, Belarus, Austria, China, Slovakia, Italy and the Czech Republic, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Poland ($X) and Germany ($X) appeared to be the largest wood-based panels suppliers to Romania, with a combined X% share of total imports. Russia, Turkey, Belarus, Austria, Ukraine, Bulgaria, China, Italy, Slovakia and the Czech Republic lagged somewhat behind, together comprising a further X the main suppliers, Russia, with a CAGR of +X%, recorded the highest rates of growth with regard to 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

The average wood-based panels import price stood at $X per cubic meter in 2021, surging by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per cubic meter in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per cubic meter), while the price for Slovakia ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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