Romania: Market for Woven Pile Fabrics And Chenille Fabrics 2022

Market Size for Woven Pile Fabrics And Chenille Fabrics in Romania

The Romanian pile and chenille fabric market skyrocketed to $X in 2021, increasing by X% against the previous year. Overall, consumption, however, saw a perceptible descent. Pile and chenille fabric consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Woven Pile Fabrics And Chenille Fabrics in Romania

In value terms, pile and chenille fabric production dropped modestly to $X in 2021 estimated in export price. In general, production recorded resilient growth. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Pile and chenille fabric production peaked at $X in 2020, and then contracted slightly in the following year.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Romania

In 2021, after two years of decline, there was significant growth in shipments abroad of woven pile fabrics and chenille fabrics, when their volume increased by X% to X tons. Overall, exports recorded significant growth. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, pile and chenille fabric exports rose to $X in 2021. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Belgium (X tons) was the main destination for pile and chenille fabric exports from Romania, accounting for a X% share of total exports. Moreover, pile and chenille fabric exports to Belgium exceeded the volume sent to the second major destination, Lithuania (X tons), fourfold. The third position in this ranking was taken by Poland (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+X% per year) and Poland (+X% per year).

In value terms, Belgium ($X) emerged as the key foreign market for pile and chenille fabric exports from Romania, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Belgium amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Lithuania (+X% per year).

Export Prices by Country

The average pile and chenille fabric export price stood at $X per ton in 2021, approximately mirroring the previous year. In general, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Poland ($X per ton), while the average price for exports to Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2021, 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 mixed trend patterns.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Romania

In 2021, overseas purchases of woven pile fabrics and chenille fabrics increased by X% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, recorded a pronounced setback. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, pile and chenille fabric imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt decrease. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The UK (X tons), China (X tons) and Germany (X tons) were the main suppliers of pile and chenille fabric imports to Romania, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pile and chenille fabric suppliers to Romania were the UK ($X), Germany ($X) and China ($X), with a combined X% share of total imports.

The UK, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average pile and chenille fabric import price amounted to $X per ton, reducing by -X% against the previous year. In general, the import price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, 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 Market Intelligence Platform

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