Articles of yarn, strip, twine, cordage, rope or cables market in Romania

Earlier Report Observations

From 2018, the expansion of global cable leader LAPP through acquisitions and new subsidiaries strengthened its footprint in Romania, while the exit of hemp fiber producer HempFlax reduced local raw material supply. Market volume grew to 1 583 t in 2019, supported by LAPP's digitalization of product solutions that improved customer access. However, a contraction to 1 411 t followed in 2020, coinciding with consolidation in the construction materials sector where ROCA Industry's acquisition of Sarcom may have temporarily dampened demand for industrial cords and ropes.

Recovery took hold in 2021 as the market reached 1 802 t, fueled by a rising number of active firms in logistics and trade which increased demand for packaging and fastening materials. Companies adapting to legislative changes also refreshed their product offerings. Growth continued to 1 971 t in 2022 despite the closure of the Leoni plant, a key automotive cable manufacturer, as expanded activity from other players and intensified sales digitalization offset the loss.

After the 2022 peak, the market volume in physical terms retreated to 1 759 t by 2024, indicating a post‑growth correction. In value terms, the market followed a similar pattern, rising to $14.0 million in 2022, then contracting to $12.8 million in 2023 before a partial recovery to $13.4 million in 2024.

Production articles of yarn, strip, twine, cordage, rope or cables in Romania

In value, 2017-2020, K $ US

Romania's production of yarn, strip, twine, cordage, rope, and cables has grown for the second year in a row. In 2020, output reached 8 471 thousand US dollars, marking a 21.7% increase from 2019. Over the period from 2017 to 2020, production rose by 38.8%, averaging an annual growth rate of 11.5%. The lowest value was recorded in 2018 at 4 953 thousand US dollars, which also saw the largest decline of 18.8%. In contrast, 2019 experienced the biggest increase at 40.6%.

Annual dynamics of production in Romania in value, 2017-2020, K $ US

In kind, 2017-2020, t

In 2020, Romania produced 906 tonnes of yarn, strip, twine, cordage, rope, and cables, representing an 11.1% decrease from the previous year. From 2017 to 2020, overall production increased by 6%, with a compound annual growth rate of 2.0%. The minimum output was 738 tonnes in 2018, while the maximum was 1 019 tonnes in 2019. The largest decline occurred in 2018 at 13.6%, and the largest increase was in 2019 at 38.1%.

Annual dynamics of production in Romania in kind, 2017-2020, t

Exports articles of yarn, strip, twine, cordage, rope or cables from Romania

Exports in kind, t

Export volumes showed significant fluctuations during this period. In 2017, exports hit their lowest point, rising to a peak of 56.0 tonnes in 2018—a 2.4-fold increase. By 2020, Romania's exports of yarn, strip, twine, cordage, rope, and cables stood at 47.4 tonnes, down 9.7% from 2019. The largest increase was recorded in 2018 at 144.4%.

Annual dynamics of product's exports from Romania in kind, 2017-2020, t

From 2017 to 2020, Italy, Hungary, and Ukraine were the key destinations for Romania's exports in kind. Italy accounted for 42.9% of exports, Hungary for 17.9%, and Ukraine for 15.9%, together making up 76.6% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Romania in kind, 2017-2020

Exports in value, K $ US

In 2020, the value of Romania's exports of yarn, strip, twine, cordage, rope, and cables was 361 thousand US dollars, showing a strong increase of 17.7% compared to 2019. Between 2017 and 2020, exports grew by 25.3%, with an average annual rate of 7.8%. The largest decline occurred in 2019 at 3.0%.

Annual dynamics of product's exports from Romania in value, 2017-2020, K $ US

From 2017 to 2020, Ukraine, Italy, and Moldova were the primary markets for Romania's exports in value terms. Ukraine led with 30.3% of exports, followed by Italy at 22.1%, and Moldova at 12.1%, collectively accounting for 64.4% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Romania in value, 2017-2020

Imports articles of yarn, strip, twine, cordage, rope or cables to Romania

Imports in kind, t

Romania's imports of yarn, strip, twine, cordage, rope, and cables have declined for the third consecutive year. In 2020, imports totaled 552.2 tonnes, down 10.4% from 2019. Over the period from 2017 to 2020, imports decreased by 38.9%, averaging an annual decline of 15.1%.

Annual dynamics of product's imports to Romania in kind, 2017-2020, t

Between 2017 and 2020, Italy, Hungary, and China were the main sources of Romania's imports in kind. Italy contributed 25.9% of imports, Hungary 19.5%, and China 19.0%, together representing 64.4% of total import volumes.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Romania in kind, 2017-2020

Imports in value, K $ US

Romania's imports of yarn, strip, twine, cordage, rope, and cables have fallen for the second year in a row. In 2020, imports amounted to 4 576 thousand US dollars, a slight decrease of 1.1% from 2019. From 2017 to 2020, imports increased by 6.3%, with an average annual growth rate of 2.0%. The highest value was recorded in 2018 at 4 742 thousand US dollars, which also saw the largest increase of 10.1%. The largest decline occurred in 2019 at 2.5%.

Annual dynamics of product's imports to Romania in value, 2017-2020, K $ US

From 2017 to 2020, Italy, Hungary, and Germany were the leading sources for Romania's imports in value terms. Italy accounted for 26.1% of imports, Hungary for 17.6%, and Germany for 13.9%, together making up 57.5% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Romania in value, 2017-2020