The Romanian plastics market saw dynamic growth between 2013 and 2023, reaching a value of 2.1435 billion Euros in 2023. This market, after experiencing declines in 2014, 2019, and 2020, showed a positive recovery from 2021 onwards. Year-on-year growth slowed to 3.78% in 2023, with a five-year CAGR averaging -0.84%, signalling a tempered but stable market environment in recent years.
Future trends to watch for:
- Sustainability drives reshaping product development and consumer preferences.
- Technological advancements in recycling and biodegradable plastics.
- Economic policies and regulations impacting production and consumption levels.
How does Romania rank in Plastics Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25,852,000,000 | 2023 | +1.02% | +0.1% | View data |
| 2 | 2 Italy | 17,442,000,000 | 2023 | +0.79% | -0.77% | View data |
| 3 | 3 France | 10,700,000,000 | 2023 | +0.31% | +0.27% | View data |
| 4 | 4 Poland | 9,568,200,000 | 2023 | +4.44% | +2.28% | View data |
| 5 | 5 United Kingdom | 7,277,300,000 | 2023 | +0.99% | +1.58% | View data |
| 6 | 6 Spain | 5,860,300,000 | 2023 | +0.53% | +1.42% | View data |
| 7 | 7 Czech Republic | 4,251,000,000 | 2023 | +4.73% | +4.06% | View data |
| 8 | 8 Romania | 2,143,500,000 | 2023 | +3.78% | -0.84% | |
| 9 | 9 Portugal | 2,110,900,000 | 2023 | +0.46% | +0.29% | View data |
| 10 | 10 Austria | 1,470,200,000 | 2023 | +2.1% | +0.63% | View data |
