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Romania - Furniture Of Plastic - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Furniture Price in Romania - 2023
Contents:
- Plastic Furniture Price in Romania (CIF) - 2023
- Plastic Furniture Price in Romania (FOB) - 2023
- Plastic Furniture Imports in Romania
- Plastic Furniture Exports in Romania
Plastic Furniture Price in Romania (CIF) - 2023
The average plastic furniture import price stood at $21.1 per unit in August 2023, surging by 19% against the previous month. In general, the import price saw a strong increase. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 70% against the previous month. Over the period under review, average import prices reached the peak figure at $22.9 per unit in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($48.8 per unit), while the price for the Netherlands ($9.2 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Furniture Price in Romania (FOB) - 2023
In August 2023, the average plastic furniture export price amounted to $14.0 per unit, picking up by 20% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.0%. The most prominent rate of growth was recorded in September 2022 an increase of 42% m-o-m. The export price peaked in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($14.9 per unit), while the average price for exports to Moldova ($9.8 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Furniture Imports in Romania
In 2022, approx. 1.5M units of furniture of plastic were imported into Romania; picking up by 7.4% against the year before. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, plastic furniture imports rose notably to $20M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Plastic Furniture in Romania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 2.1 | 2.4 | 3.0 | 4.1 | 25.0% |
Israel | 1.0 | 1.8 | 2.7 | 3.8 | 56.0% |
Hungary | 1.9 | 1.6 | 2.4 | 2.4 | 8.1% |
Turkey | 1.3 | 1.1 | 1.4 | 2.2 | 19.2% |
China | 1.0 | 1.1 | 1.7 | 1.7 | 19.3% |
Poland | 1.6 | 1.5 | 1.4 | 1.6 | 0.0% |
Spain | 1.2 | 0.6 | 2.6 | 1.6 | 10.1% |
Germany | 0.4 | 0.6 | 0.6 | 0.9 | 31.0% |
Serbia | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
United Kingdom | 3.4 | 1.0 | N/A | N/A | -70.6% |
Others | 1.4 | 1.3 | 1.7 | 1.7 | 6.7% |
Total | 15.6 | 13.2 | 17.7 | 20.0 | 8.6% |
Top Suppliers of Plastic Furniture to Romania in 2022:
- Italy (432.8K units)
- Turkey (256.5K units)
- Hungary (204.9K units)
- China (160.4K units)
- Poland (152.0K units)
- Spain (66.9K units)
- Germany (61.6K units)
- Israel (55.7K units)
- Serbia (17.8K units)
- United Kingdom (0.9K units)
Plastic Furniture Exports in Romania
In 2022, plastic furniture exports from Romania soared to 181K units, increasing by 62% against the previous year. Over the period under review, exports, however, continue to indicate a pronounced setback. Over the period under review, the exports attained the maximum at 193K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, plastic furniture exports reached $1.8M in 2022. In general, exports, however, saw a abrupt curtailment. Over the period under review, the exports hit record highs at $2.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Plastic Furniture in Romania (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 35.7 | 39.2 | 139 | 386 | 121.1% |
Turkey | 0.2 | N/A | N/A | 308 | 1054.8% |
Croatia | 72.5 | 50.0 | 91.1 | 210 | 42.5% |
Hungary | 83.5 | 69.9 | 140 | 203 | 34.5% |
Slovenia | 90.4 | 90.0 | 91.4 | 168 | 22.9% |
Greece | 1.5 | 3.4 | 3.7 | 139 | 352.5% |
Moldova | 95.9 | 180 | 120 | 127 | 9.8% |
Germany | 471 | 160 | 222 | 55.7 | -50.9% |
Austria | 190 | 343 | 247 | 26.5 | -48.1% |
Netherlands | 344 | 121 | 140 | 20.2 | -61.1% |
France | 253 | 140 | 215 | 16.3 | -59.9% |
Italy | 497 | 174 | 8.2 | 5.0 | -78.4% |
Others | 572 | 403 | 246 | 172 | -33.0% |
Total | 2,706 | 1,774 | 1,662 | 1,835 | -12.1% |
Top Export Markets for Plastic Furniture from Romania in 2022:
- Bulgaria (45.9K units)
- Turkey (30.6K units)
- Hungary (27.0K units)
- Croatia (18.8K units)
- Moldova (14.0K units)
- Slovenia (13.9K units)
- Greece (13.6K units)
- Germany (4.8K units)
- Austria (1.7K units)
- Netherlands (1.1K units)
- France (1.0K units)
- Italy (0.2K units)
This report provides an in-depth analysis of the plastic furniture 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.
Product coverage:
- Prodcom 31091430 - Furniture of plastics (excluding medical, surgical, dental or veterinary furniture - cases and cabinets specially designed for hi-fi systems, videos and televisions)
Country coverage:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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