The Romanian Expansible Polystyrene market has shown fluctuations over the past decade, evidenced by shifts in year-on-year variations and compound annual growth rates. In 2023, the market volume stood at 82.883 million kilograms, marking minor recoveries after a dip observed in 2021.
Key Variations and Trends:
- The year-on-year growth in 2023 was 1.04%, reflecting slight stability after the previous year's rise of 1.06%.
- Over the last five years, a modest CAGR of 1.26% indicates a gradual growth trend.
Looking forward, key trends to observe include advancements in environmentally friendly polystyrene technology, as well as the potential impact of regulatory changes targeting sustainable production practices. Continuous monitoring of market dynamics will be essential for navigating future opportunities and challenges in the Romanian market.
How does Romania rank in Expansible Polystyrene Market Size Volume?
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 153,130,000 | 2023 | +0.62% | +1.21% | View data |
| 2 | 2 Italy | 141,890,000 | 2023 | -4.85% | -1.11% | View data |
| 3 | 3 Romania | 82,883,000 | 2023 | +1.04% | +1.26% | |
| 4 | 4 United Kingdom | 81,895,000 | 2023 | +2.72% | +1.55% | View data |
| 5 | 5 Spain | 51,640,000 | 2023 | +0.74% | +4.03% | View data |