Romania: Base Metal Hinge Market 2025

Base Metal Hinge Market Size in Romania

The Romanian base metal hinge market skyrocketed to $X in 2021, picking up by 29% against the previous year. The market value increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Base metal hinge consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Base Metal Hinge Production in Romania

In value terms, base metal hinge production totaled $X in 2021 estimated in export price. Overall, production, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by 30% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Base Metal Hinge Exports

Exports from Romania

In 2021, after two years of decline, there was significant growth in shipments abroad of base metal hinges, when their volume increased by 16% to X tons. Over the period under review, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2017 when exports increased by 126%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, base metal hinge exports skyrocketed to $X in 2021. In general, exports continue to indicate resilient growth. The growth pace was the most rapid in 2017 with an increase of 110%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Morocco (X tons) and Russia (X tons) were the main destinations of base metal hinge exports from Romania, together accounting for 84% of total exports. France, Colombia, Argentina and Hungary lagged somewhat behind, together accounting for a further 10%.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +275.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for base metal hinges exports from Romania, comprising 49% of total exports. The second position in the ranking was taken by Morocco ($X), with a 17% share of total exports. It was followed by Russia, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy totaled +12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+142.4% per year) and Russia (+52.5% per year).

Export Prices by Country

In 2021, the average base metal hinge export price amounted to $X per ton, surging by 8.9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 9.3%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

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 ($X per ton), while the average price for exports to Colombia ($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 Argentina (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Hinge Imports

Imports into Romania

Base metal hinge imports into Romania skyrocketed to X tons in 2021, with an increase of 15% on the previous year's figure. In general, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 39%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, base metal hinge imports soared to $X in 2021. Over the period under review, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), China (X tons) and Italy (X tons) were the main suppliers of base metal hinge imports to Romania, together accounting for 58% of total imports. The Czech Republic, Germany, Austria and Poland lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +17.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest base metal hinge suppliers to Romania were Turkey ($X), Germany ($X) and Italy ($X), together accounting for 51% of total imports. These countries were followed by China, Austria, the Czech Republic and Poland, which together accounted for a further 38%.

Austria, with a CAGR of +18.6%, saw the highest growth rate of the value of imports, among the main suppliers 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 base metal hinge import price amounted to $X per ton, jumping by 16% against the previous year. Over the last nine years, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 55%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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