Price for Wadding; Other Articles Thereof, of Cotton in Romania - 2024

Contents:

1. Price for Wadding; Other Articles Thereof, of Cotton in Romania (CIF) - 2024
2. Price for Wadding; Other Articles Thereof, of Cotton in Romania (FOB) - 2022
3. Imports of Wadding; Other Articles Thereof, of Cotton in Romania
4. Exports of Wadding; Other Articles Thereof, of Cotton in Romania

Price for Wadding; Other Articles Thereof, of Cotton in Romania (CIF) - 2024

The average import price for wadding; other articles thereof, of cotta stood at $7,199 per ton in February 2024, falling by -3.2% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 50% month-to-month. Over the period under review, average import prices attained the maximum at $8,231 per ton in May 2023; however, from June 2023 to February 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($15,320 per ton), while the price for Serbia ($6,095 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Cotton in Romania (FOB) - 2022

In 2022, the average export price for wadding; other articles thereof, of cotta amounted to $10,129 per ton, growing by 3.4% against the previous year. Overall, the export price posted a strong increase. The growth pace was the most rapid in 2019 when the average export price increased by 170%. As a result, the export price reached the peak level of $10,525 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($23,196 per ton), while the average price for exports to Poland ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wadding; Other Articles Thereof, of Cotton in Romania

For the fourth year in a row, Romania recorded growth in purchases abroad of wadding; other articles thereof, of cotta, which increased by 8.7% to 1.5K tons in 2022. The total import volume increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of wadding; other articles thereof, of cotta expanded significantly to $8.9M in 2022. The total import value increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 11% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Romania in 2022:

1. Poland (428.7 tons)
2. Turkey (198.7 tons)
3. France (179.8 tons)
4. Greece (175.5 tons)
5. Bulgaria (159.5 tons)
6. Germany (147.5 tons)
7. Austria (54.0 tons)
8. Spain (33.2 tons)
9. Slovakia (27.2 tons)

Exports of Wadding; Other Articles Thereof, of Cotton in Romania

In 2022, exports of wadding; other articles thereof, of cotta from Romania soared to 21 tons, rising by 21% on the previous year. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 42% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, exports of wadding; other articles thereof, of cotta surged to $213K in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 94%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Romania in 2022:

1. Moldova (11.8 tons)
2. Italy (1.7 tons)
3. Norway (1.3 tons)
4. Tunisia (0.8 tons)
5. Netherlands (0.7 tons)
6. Denmark (0.7 tons)
7. France (0.6 tons)
8. Bulgaria (0.6 tons)
9. Hungary (0.5 tons)
10. Croatia (0.5 tons)
11. Czech Republic (0.4 tons)
12. North Macedonia (0.4 tons)

Source: IndexBox Market Intelligence Platform