Romania: Market for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2025

Market Size for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Romania

The Romanian market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips declined notably to $X in 2021, which is down by -52.3% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020, and then contracted dramatically in the following year.

Production of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Romania

In value terms, production of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips dropped markedly to $X in 2021 estimated in export price. Over the period under review, production faced a sharp decrease. The pace of growth appeared the most rapid in 2019 with a decrease of -4.2% against the previous year. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports from Romania

In 2021, after two years of growth, there was significant decline in shipments abroad of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips, when their volume decreased by -48.7% to X tons. Over the period under review, exports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of 1,208%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips contracted slightly to $X in 2021. Overall, exports faced a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 77% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Bulgaria (X tons) and Germany (X kg) were the main destinations of exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips from Romania, with a combined 84% share of total exports. These countries were followed by Spain, Turkey, China, Belgium, Hungary and Estonia, which together accounted for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +95.3%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips exports from Romania, comprising 45% of total exports. The second position in the ranking was held by Spain ($X), with a 19% share of total exports. It was followed by Germany, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Italy amounted to +30.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+37.1% per year) and Germany (+19.3% per year).

Export Prices by Country

The average export price for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips stood at $X per ton in 2021, with an increase of 95% against the previous year. In general, the export price, however, recorded a significant curtailment. The pace of growth appeared the most rapid in 2018 an increase of 438%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per ton), while the average price for exports to Belgium ($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 Estonia (+47.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports into Romania

In 2021, supplies from abroad of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips increased by 145% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports saw a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips skyrocketed to $X in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -11.5% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 22%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest unmounted tool inserts, sticks or plates supplier to Romania, accounting for a 63% share of total imports. Moreover, imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sevenfold. The Czech Republic (X tons) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+21.2% per year) and the Czech Republic (+10.9% per year).

In value terms, the largest unmounted tool inserts, sticks or plates suppliers to Romania were Germany ($X), the Netherlands ($X) and Belgium ($X), with a combined 73% share of total imports. China, the Czech Republic, Italy, France, Hungary, Austria and the UK lagged somewhat behind, together accounting for a further 15%.

China, with a CAGR of +41.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips stood at $X per ton in 2021, which is down by -51.2% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 146% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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