Romania: Brakes And Servo-Brakes Market 2025

Brakes And Servo-Brakes Market Size in Romania

The Romanian brakes and servo-brakes market expanded remarkably to $X in 2022, picking up by 11% against the previous year. Overall, consumption showed strong growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Brakes And Servo-Brakes Production in Romania

In value terms, brakes and servo-brakes production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by 13%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Brakes And Servo-Brakes Exports

Exports from Romania

In 2022, overseas shipments of brakes and servo-brakes decreased by -2.3% to X tons, falling for the fifth consecutive year after two years of growth. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 38% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, brakes and servo-brakes exports fell to $X in 2022. Over the period under review, total exports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -40.6% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of 34%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for brakes and servo-brakes exports from Romania, accounting for a 29% share of total exports. Moreover, brakes and servo-brakes exports to Germany exceeded the volume sent to the second major destination, the UK (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+22.9% per year) and Poland (+7.2% per year).

In value terms, Germany ($X) remains the key foreign market for brakes and servo-brakes exports from Romania, comprising 29% of total exports. The second position in the ranking was taken by the UK ($X), with an 11% share of total exports. It was followed by South Korea, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled -1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+22.1% per year) and South Korea (+351.4% per year).

Export Prices by Country

The average brakes and servo-brakes export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 9%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Brakes And Servo-Brakes Imports

Imports into Romania

In 2022, purchases abroad of brakes and servo-brakes increased by 16% to X tons, rising for the second year in a row after two years of decline. In general, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +7.0% 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 +34.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 22% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, brakes and servo-brakes imports expanded modestly to $X in 2022. Overall, total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +28.5% against 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 24% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), Spain (X tons) and France (X tons) were the main suppliers of brakes and servo-brakes imports to Romania, with a combined 46% share of total imports. China, Poland, Slovakia, Italy, Hungary, the Czech Republic, Turkey, Denmark, Portugal and India lagged somewhat behind, together comprising a further 46%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +165.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of brakes and servo-brakes to Romania, comprising 24% of total imports. The second position in the ranking was held by Poland ($X), with an 11% share of total imports. It was followed by Spain, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+4.3% per year) and Spain (+15.3% per year).

Import Prices by Country

The average brakes and servo-brakes import price stood at $X per ton in 2022, reducing by -9.6% against the previous year. In general, the import price recorded a pronounced setback. The growth pace was the most rapid in 2018 an increase of 7.8%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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