Not retail-packaged synthetic filament yarn including synthetic monofilament of <67 dtex market in Romania

Earlier Report Observations

Early in the period, the Romanian synthetic filament yarn market operated against a backdrop of structural challenges, including low wages that pressured domestic producers. A simultaneous global rise in synthetic fiber production increased available supply, likely contributing to a growth in market volume to 50 888 t by 2021.

The market's physical volume plateaued near 51 000 t in 2022, but its value soared to 242.1 million USD, an increase influenced by rising production costs due to acute skilled labor shortages and wage demands within the textile sector.

Subsequently, market volume continued its upward trajectory, reaching 56 645 t in 2024, while value experienced volatility, dipping in 2023 before recovering to 226.7 million USD in 2024.

Production not retail-packaged synthetic filament in Romania

In value, 2017-2020, K $ US

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

In kind, 2017-2020, t

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

Exports not retail-packaged synthetic filament from Romania

Exports in kind, t

Romania's exports of not retail-packaged synthetic filament yarn, including synthetic monofilament of less than 67 dtex, declined for the second year in a row. In 2020, exports totaled 9 405 tonnes, marking a significant year-over-year drop of 12.4%. Over the 2017-2020 period, exports fell by 17.1%, with a compound annual growth rate of -6.1%. The peak was recorded in 2018 at 11 652 tonnes, which also saw the largest annual increase of 2.7%.

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

From 2017 to 2020, Italy, Finland, and Poland were the main buyers of Romania's not retail-packaged synthetic filament yarn, including synthetic monofilament of less than 67 dtex. Italy accounted for 65.7% of exports in volume, Finland for 4.8%, and Poland for 4.4%. Together, these three countries represented 74.9% of total export volumes.

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, M $ US

Romania's export value of not retail-packaged synthetic filament yarn, including synthetic monofilament of less than 67 dtex, fell for the second consecutive year. In 2020, exports amounted to 44.2 million US dollars, a sharp decline of 16.6% compared to 2019. Between 2017 and 2020, exports decreased by 14.8%, equivalent to an annualized rate of -5.2%. The highest value was recorded in 2018 at 58.0 million US dollars, which also experienced the largest annual increase of 11.8%.

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

From 2017 to 2020, Italy, Germany, and Finland were the largest buyers of Romania's not retail-packaged synthetic filament yarn, including synthetic monofilament of less than 67 dtex, in value terms. Italy made up 64.0% of export value, Germany 4.7%, and Finland 4.6%. Collectively, these three countries accounted for 73.4% 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 not retail-packaged synthetic filament to Romania

Imports in kind, t

After two years of growth, Romania's imports of not retail-packaged synthetic filament yarn, including synthetic monofilament of less than 67 dtex, declined. In 2020, import volume totaled 47 353 tonnes, representing a substantial year-over-year decrease of 13.7%. Over the 2017-2020 period, imports dropped by 9%, with a compound annual growth rate of -3.1%. The maximum volume was recorded in 2019 at 54 853 tonnes, while the largest annual increase occurred in 2018 at 3.9%.

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

Between 2017 and 2020, China, Italy, and the United Kingdom were the key partners for Romania's imports of not retail-packaged synthetic filament yarn, including synthetic monofilament of less than 67 dtex, in volume terms. China contributed 28.0% of import volume, Italy 15.9%, and the United Kingdom 12.8%. Together, these three countries accounted for 56.6% 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, M $ US

Romania's import value of not retail-packaged synthetic filament yarn, including synthetic monofilament of less than 67 dtex, decreased for the second year in a row. In 2020, imports totaled 158.2 million US dollars, showing an 18.6% drop compared to 2019. Over the 2017-2020 period, imports fell by 17.6%, with a compound annual growth rate of -6.2%. The peak value was recorded in 2018 at 203.6 million US dollars, which also saw the largest annual increase of 6.1%.

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

From 2017 to 2020, China, the United Kingdom, and Italy were the largest suppliers of not retail-packaged synthetic filament yarn, including synthetic monofilament of less than 67 dtex, to Romania in value terms. China accounted for 19.4% of import value, the United Kingdom 16.8%, and Italy 16.5%. Together, these three countries formed 52.7% 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