Rubber gaskets, washers and seals market in Romania

Earlier Report Observations

From 2018 to 2021, production of rubber gaskets, washers and seals in Romania showed volatility, rising to 17 993 t in 2019 before falling to 14 759 t in 2020 and recovering to 16 812 t in 2021. The market volume in physical terms declined from 26 710 t to 24 154 t over the period. The sharp contraction in 2020, which saw production value drop to $66.4 million, aligned with the global COVID-19 pandemic that disrupted industrial operations and supply chains worldwide.

Trade flows experienced fluctuations throughout the observed years. Import volumes peaked at 18 721 t in 2020 then trended downward to 14 069 t by 2024, while exports fell to 5 960 t in 2024 from 8 808 t in 2023. In 2024, new tire regulations came into force, including mandatory winter tire use and special marking requirements for new tires, which impacted the broader vulcanized rubber market and likely influenced demand for rubber components in the automotive sector.

Production rubber gaskets, washers and seals in Romania

In value, 2017-2020, M $ US

Following two years of growth, Romania's production of rubber gaskets, washers, and seals declined in value terms. In 2020, output was valued at 66.4 million US dollars, representing a sharp contraction of 42.8% compared to the previous year. Over the period from 2017 to 2020, production decreased by 29.4%, with a compound annual growth rate of -10.9%. The peak value was recorded in 2019 at 116.1 million US dollars, while the largest annual increase occurred in 2018 at 16.4%.

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

In kind, 2017-2020, t

After two years of expansion, Romania's production of rubber gaskets, washers, and seals declined in volume terms. In 2020, the country produced 14,759 tonnes, marking a substantial fall of 18.0% from the previous year. From 2017 to 2020, production decreased by 11.1%, with a compound annual growth rate of -3.9%. The highest volume was recorded in 2019 at 17,993 tonnes, with the largest annual increase also occurring that year at 5.4%.

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

Exports rubber gaskets, washers and seals from Romania

Exports in kind, t

Romania exported 7,922 tonnes of rubber gaskets, washers, and seals in 2020, an increase of 11.6% compared to the previous year. Between 2017 and 2020, exports grew by 9%, equating to an annualized rate of 2.9%. The lowest volume was recorded in 2019 at 7,095 tonnes, while the peak occurred in 2018 at 7,980 tonnes. The largest annual decline took place in 2019, falling by 11.1%.

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

From 2017 to 2020, Germany, Poland, and Sweden were the largest buyers of rubber gaskets, washers, and seals from Romania in volume terms, though none dominated the market. Germany accounted for 20.9% of exports, Poland for 9.3%, and Sweden for 9.2%. Together, these three countries represented 39.4% of total exports, with the remainder spread across a diverse range of smaller partners.

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 exports of rubber gaskets, washers, and seals declined for the second consecutive year in value terms. In 2020, exports reached 81.1 million US dollars, marking a strong decline of 12.7% year-over-year. Over the period from 2017 to 2020, exports decreased by 11.3%, with a compound annual growth rate of -3.9%. The highest value was recorded in 2018 at 105.0 million US dollars, which also saw the largest annual increase of 14.8%.

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

From 2017 to 2020, Romania's exports of rubber gaskets, washers, and seals in value terms were distributed across a wide range of partner countries. Germany was the top destination, accounting for 22.2% of exports, followed by France at 12.2% and Poland at 8.0%. Together, these three countries represented 42.4% of total export flows, with the rest spread among numerous other markets.

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

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

Imports rubber gaskets, washers and seals to Romania

Imports in kind, t

Romania imported 18,721 tonnes of rubber gaskets, washers, and seals in 2020, up by 22.3% compared to the previous year. Between 2017 and 2020, imports increased by 28.5%, equating to an annualized rate of 8.7%. The largest annual decline occurred in 2019, falling by 13.1%.

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

Throughout 2017 to 2020, France, Poland, and the United Kingdom were the leading sources of rubber gaskets, washers, and seals imports to Romania in volume terms. France accounted for 28.8% of imports, Poland for 17.0%, and the United Kingdom for 10.2%. Collectively, these three countries represented 56.1% of total import flows.

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 imports of rubber gaskets, washers, and seals declined for the second consecutive year in value terms. In 2020, import volume reached 151.1 million US dollars, amounting to a loss of 6.9% relative to the prior year. Between 2017 and 2020, imports increased by 9.9%, equating to an annualized rate of 3.2%. The peak value was recorded in 2018 at 165.5 million US dollars, which also saw the largest annual increase of 20.4%.

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

During 2017 to 2020, imports of rubber gaskets, washers, and seals to Romania in value terms were relatively evenly distributed among partner countries. France accounted for 20.4% of imports, Germany for 18.7%, and Italy for 9.7%. Together, these three countries represented 48.8% of total import flows, with the remainder spread across a broad array of other sources.

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

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