Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Romania - 2023

Contents:

1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Romania (CIF) - 2023
2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Romania (FOB) - 2023
3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Romania
4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Romania

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Romania (CIF) - 2023

The average import price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $19,020 per ton in December 2023, which is down by -2.8% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 47% m-o-m. The import price peaked at $20,896 per ton in January 2023; however, from February 2023 to December 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($22,039 per ton), while the price for Turkey ($8,735 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Portugal (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Romania (FOB) - 2023

The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $20,979 per ton in November 2023, which is down by -25.5% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 44% m-o-m. Over the period under review, the average export prices hit record highs at $28,149 per ton in October 2023, and then declined notably in the following month.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Spain ($28,174 per ton), while the average price for exports to Moldova ($12,156 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Romania

In 2022, the amount of footwear; parts, outer soles and heels, of rubber or plasticses imported into Romania stood at 5K tons, picking up by 8.9% against 2021. Overall, imports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses expanded notably to $83M in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Romania in 2022:

1. Italy (4048.7 tons)
2. Turkey (306.1 tons)
3. Germany (184.2 tons)
4. Portugal (140.9 tons)
5. Ukraine (117.4 tons)
6. China (109.7 tons)

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Romania

For the third year in a row, Romania recorded decline in overseas shipments of footwear; parts, outer soles and heels, of rubber or plasticses, which decreased by -14.3% to 1.2K tons in 2022. In general, exports continue to indicate a dramatic setback. The smallest decline of -10% was in 2021.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses declined to $22M in 2022. Over the period under review, exports showed a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 8.9%.

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Romania in 2022:

1. Italy (660.8 tons)
2. Spain (114.1 tons)
3. Germany (94.2 tons)
4. Austria (81.7 tons)
5. Moldova (60.1 tons)
6. Bulgaria (48.3 tons)
7. Croatia (39.6 tons)
8. Hungary (35.3 tons)
9. Portugal (7.8 tons)

Source: IndexBox Market Intelligence Platform