
Romania - Wrapping Papers - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Romania: Wrapping Papers Market 2022
Wrapping Papers Market Size in Romania
The Romanian wrapping papers market expanded markedly to $X in 2021, increasing by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.
Wrapping Papers Production in Romania
In value terms, wrapping papers production rose rapidly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.
Wrapping Papers Exports
Exports from Romania
Wrapping papers exports from Romania soared to X tons in 2021, increasing by X% on the previous year. In general, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
In value terms, wrapping papers exports skyrocketed to $X in 2021. Overall, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.
Exports by Country
Hungary (X tons) was the main destination for wrapping papers exports from Romania, with a X% share of total exports. Moreover, wrapping papers exports to Hungary exceeded the volume sent to the second major destination, Moldova (X tons), threefold. Slovakia (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2021, the average annual growth rate of volume to Hungary amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+X% per year) and Slovakia (+X% per year).
In value terms, Hungary ($X) remains the key foreign market for wrapping papers exports from Romania, comprising X% of total exports. The second position in the ranking was taken by Moldova ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Hungary stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+X% per year) and Slovakia (+X% per year).
Export Prices by Country
In 2021, the average wrapping papers export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton; afterwards, it flattened through to 2021.
Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per ton), while the average price for exports to Moldova ($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 a decline.
Wrapping Papers Imports
Imports into Romania
Wrapping papers imports into Romania soared to X tons in 2021, with an increase of X% on the previous year. The total import volume 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, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, wrapping papers imports surged to $X in 2021. In general, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, Russia (X tons) constituted the largest supplier of wrapping papers to Romania, accounting for a X% share of total imports. Moreover, wrapping papers imports from Russia exceeded the figures recorded by the second-largest supplier, Austria (X tons), fourfold. Sweden (X tons) ranked third in terms of total imports with an X% share.
From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Sweden (+X% per year).
In value terms, Russia ($X) constituted the largest supplier of wrapping papers to Romania, comprising X% of total imports. The second position in the ranking was held by Austria ($X), with an X% share of total imports. It was followed by Sweden, with a X% share.
From 2012 to 2021, the average annual growth rate of value from Russia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Sweden (+X% per year).
Import Prices by Country
The average wrapping papers import price stood at $X per ton in 2021, with an increase of X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wrapping papers market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Recommended reports
This report provides an in-depth analysis of the global wrapping papers market.
This report provides an in-depth analysis of the wrapping papers market in the EU.
This report provides an in-depth analysis of the wrapping papers market in Asia.
This report provides an in-depth analysis of the wrapping papers market in the U.S..
This report provides an in-depth analysis of the wrapping papers market in China.
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET
Join our live webinar to get insights into the global recovered paper market.
Thursday, October 7th, 2021 @ 04:00 pm ET