Romania: Computing Machinery Market 2024

Computing Machinery Market Size in Romania

The Romanian computing machinery market soared to $X in 2021, growing by 20% against the previous year. In general, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +27.2% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Computing Machinery Production in Romania

In value terms, computing machinery production contracted rapidly to $X in 2021 estimated in export price. Overall, production, however, faced a sharp setback. The growth pace was the most rapid in 2018 when the production volume increased by 2%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Computing Machinery Exports

Exports from Romania

For the third consecutive year, Romania recorded growth in overseas shipments of computing machinery and parts and accessories thereof, which increased by 3.5% to X tons in 2021. Over the period under review, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by 14%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, computing machinery exports totaled $X in 2021. Overall, exports, however, continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2018 with an increase of 16%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Moldova (X tons), Italy (X tons) and Hungary (X tons) were the main destinations of computing machinery exports from Romania, together comprising 46% of total exports. These countries were followed by Germany, the Netherlands, Spain, Ukraine, Greece, Belgium, Poland, Austria, Bulgaria and Slovakia, which together accounted for a further 37%.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +90.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for computing machinery exported from Romania were Germany ($X), Italy ($X) and Moldova ($X), together accounting for 43% of total exports. Hungary, the Netherlands, Spain, Greece, Poland, Austria, Belgium, Bulgaria, Ukraine and Slovakia lagged somewhat behind, together accounting for a further 28%.

Among the main countries of destination, Ukraine, with a CAGR of +61.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average computing machinery export price stood at $X per ton in 2021, picking up by 3.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2018 an increase of 25% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Ukraine ($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 Germany (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Computing Machinery Imports

Imports into Romania

In 2021, the amount of computing machinery and parts and accessories thereof imported into Romania rose significantly to X tons, with an increase of 7.8% compared with the previous year. The total import volume increased at an average annual rate of +3.5% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 11% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, computing machinery imports skyrocketed to $X in 2021. In general, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +50.8% against 2014 indices. The growth pace was the most rapid in 2020 with an increase of 19%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of computing machinery imports to Romania, with a combined 41% share of total imports. These countries were followed by Poland, Moldova, Hungary, Austria, the Czech Republic, the UK and Slovakia, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Moldova (with a CAGR of +106.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), China ($X) and Germany ($X) were the largest computing machinery suppliers to Romania, with a combined 44% share of total imports. These countries were followed by Hungary, Austria, Poland, the Czech Republic, Slovakia, Moldova and the UK, which together accounted for a further 23%.

In terms of the main suppliers, Moldova, with a CAGR of +72.9%, saw 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 computing machinery import price stood at $X per ton in 2021, surging by 7.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 8.7%. The import price peaked in 2021 and is likely to see gradual growth in the near future.

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 Slovakia ($X per ton), while the price for Moldova ($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 Czech Republic (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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