Romania: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Romania

In 2022, the Romanian telephone apparatus market decreased by -16% to $X, falling for the third year in a row after two years of growth. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Telephone Apparatus Production in Romania

In value terms, telephone apparatus production surged to $X in 2022 estimated in export price. Overall, production recorded a slight setback. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Telephone Apparatus Exports

Exports from Romania

For the sixth consecutive year, Romania recorded growth in overseas shipments of telephone apparatus, which increased by 45% to X tons in 2022. In general, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 47%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, telephone apparatus exports rose rapidly to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 11% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for telephone apparatus exports from Romania, accounting for a 69% share of total exports. Moreover, telephone apparatus exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), fivefold. The third position in this ranking was taken by Poland (X tons), with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+11.8% per year) and Poland (+84.0% per year).

In value terms, Italy ($X), Germany ($X) and Bulgaria ($X) appeared to be the largest markets for telephone apparatus exported from Romania worldwide, together comprising 59% of total exports. The UK, Poland, France, Hungary, Estonia, Mexico and India lagged somewhat behind, together comprising a further 17%.

Poland, with a CAGR of +65.9%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average telephone apparatus export price amounted to $X per ton, waning by -25.7% against the previous year. Overall, the export price recorded a abrupt decline. The growth pace was the most rapid in 2016 an increase of 30%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.

Telephone Apparatus Imports

Imports into Romania

In 2022, the amount of telephone apparatus imported into Romania expanded remarkably to X tons, picking up by 6.8% compared with 2021 figures. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 70% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, telephone apparatus imports rose notably to $X in 2022. Overall, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +21.2% against 2018 indices. The growth pace was the most rapid in 2014 when imports increased by 22%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of telephone apparatus to Romania, accounting for a 19% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Hungary (X tons) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.1% per year) and Hungary (+8.4% per year).

In value terms, Slovakia ($X), China ($X) and Hungary ($X) appeared to be the largest telephone apparatus suppliers to Romania, with a combined 52% share of total imports. The Netherlands, Austria, Germany, the Czech Republic, Poland, Italy, France and Sweden lagged somewhat behind, together accounting for a further 37%.

In terms of the main suppliers, Poland, with a CAGR of +27.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average telephone apparatus import price stood at $X per ton in 2021, increasing by 14% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 38% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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