Romania: Iron Angle Market 2025

Iron Angle Market Size in Romania

In 2021, the Romanian iron angle market decreased by -37% to $X, falling for the third year in a row after two years of growth. In general, consumption showed a deep downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Iron Angle Production in Romania

In value terms, iron angle production surged to $X in 2021 estimated in export price. In general, production, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 312% against the previous year. Iron angle production peaked in 2021 and is likely to see gradual growth in the near future.

Iron Angle Exports

Exports from Romania

In 2021, shipments abroad of angles, shapes and sections (of iron or non-alloy steel) was finally on the rise to reach X tons after three years of decline. Over the period under review, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 61%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, iron angle exports skyrocketed to $X in 2021. In general, total exports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Hungary (X tons), Italy (X tons) and Bulgaria (X tons) were the main destinations of iron angle exports from Romania, together comprising 49% of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +44.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron angle exported from Romania were Hungary ($X), Italy ($X) and Bulgaria ($X), together accounting for 49% of total exports.

Italy, with a CAGR of +46.5%, saw the highest rates of growth with regard to the value of exports, among 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

The average iron angle export price stood at $X per ton in 2021, surging by 56% against the previous year. In general, export price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Poland ($X per ton) and Croatia ($X per ton), while the average price for exports to Turkey ($X per ton) and Serbia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Iron Angle Imports

Imports into Romania

In 2021, iron angle imports into Romania totaled X tons, growing by 6.8% compared with the previous year. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 32% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, iron angle imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of iron angle to Romania, with a 36% share of total imports. Moreover, iron angle imports from Turkey exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey stood at +18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+2.4% per year) and Italy (+8.3% per year).

In value terms, the largest iron angle suppliers to Romania were Turkey ($X), Spain ($X) and Italy ($X), together accounting for 64% of total imports.

Among the main suppliers, Turkey, with a CAGR of +15.6%, saw the highest rates of growth with regard to 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

In 2021, the average iron angle import price amounted to $X per ton, with an increase of 47% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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