Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Romania - 2024

Contents:

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

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Romania (CIF) - 2024

In February 2024, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $20,947 per ton, increasing by 302% against the previous month. Overall, the import price saw prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Turkey ($32,410 per ton), while the price for China amounted to $1,643 per ton.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by France (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Romania (FOB) - 2022

In 2022, the average export price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $396 per ton, with a decrease of -34.2% against the previous year. In general, the export price saw a sharp shrinkage. The growth pace was the most rapid in 2018 an increase of 38% against the previous year. The export price peaked at $4,373 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($6,988 per ton), while the average price for exports to Hungary ($351 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 Turkey (+31.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Romania

In 2022, after two years of decline, there was significant growth in supplies from abroad of wadding; other articles thereof, other than of cotton or man-made fibreses, when their volume increased by 31% to 318 tons. Overall, imports, however, showed a perceptible descent.

In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses totaled $1.5M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy14222126051153.2%
France16616726741235.4%
Bulgaria462220394333-10.3%
Greece11219014271.4-13.9%
China16.30.141.868.161.1%
Belgium11212669.860.5-18.6%
Netherlands2.20.28.641.9167.1%
United Kingdom71.352.90.11.0-75.9%
Others33843822738.3-51.6%
Total1,4211,4161,4101,5372.7%

Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Romania in 2022:

  1. Bulgaria (151.6 tons)
  2. France (68.8 tons)
  3. Italy (33.5 tons)
  4. Belgium (19.1 tons)
  5. Greece (16.9 tons)
  6. China (14.6 tons)
  7. Netherlands (9.6 tons)
  8. United Kingdom (0.5 tons)

Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Romania

In 2022, the amount of wadding; other articles thereof, other than of cotton or man-made fibreses exported from Romania contracted markedly to 80 tons, waning by -32% on the year before. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 99%. As a result, the exports reached the peak of 117 tons, and then plummeted in the following year.

In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses shrank sharply to $32K in 2022. Over the period under review, exports showed a sharp shrinkage. The smallest decline of -7.8% was in 2021.

Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary17.714.138.923.610.1%
Lithuania3.2N/AN/A4.713.7%
Serbia45.831.38.40.7-75.2%
Spain27.723.49.0N/A-43.0%
Others7.77.614.12.5-31.3%
Total10276.470.531.5-32.4%

Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Romania in 2022:

  1. Hungary (67.3 tons)
  2. Lithuania (11.6 tons)
  3. Serbia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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