Report Update Nov 1, 2024

Romania - Electro-Thermic Appliances or Domestic Purposes - Market Analysis, Forecast, Size, Trends and Insights

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Romania: Market for Electro-Thermic Appliances Or Domestic Purposes 2022

Market Size for Electro-Thermic Appliances Or Domestic Purposes in Romania

The Romanian market for electro-thermic appliances or domestic purposes surged to $X in 2021, picking up by 116% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Electro-Thermic Appliances Or Domestic Purposes

Exports from Romania

For the fifth consecutive year, Romania recorded growth in overseas shipments of electro-thermic appliances or domestic purposes, which increased by 4.2% to X units in 2021. In general, exports saw significant growth. The growth pace was the most rapid in 2018 with an increase of 125%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, electro-thermic appliances or domestic purposes exports soared to $X in 2021. Over the period under review, exports recorded a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of 136% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

The Czech Republic (X units), Bulgaria (X units) and Belgium (X units) were the main destinations of electro-thermic appliances or domestic purposes exports from Romania, with a combined 71% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +402.5%), while the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), the Czech Republic ($X) and Belgium ($X) appeared to be the largest markets for electro-thermic appliances or domestic purposes exported from Romania worldwide, with a combined 53% share of total exports.

Belgium, with a CAGR of +287.5%, recorded the highest growth rate of 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

In 2021, the average export price for electro-thermic appliances or domestic purposes amounted to $X per unit, rising by 18% against the previous year. Over the period under review, the export price, however, continues to indicate a deep contraction. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+16.9%), while the prices for the other major destinations experienced a decline.

Imports of Electro-Thermic Appliances Or Domestic Purposes

Imports into Romania

In 2021, the amount of electro-thermic appliances or domestic purposes imported into Romania skyrocketed to X units, with an increase of 103% on the year before. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electro-thermic appliances or domestic purposes imports surged to $X in 2021. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Slovakia (X units) and Germany (X units) were the main suppliers of electro-thermic appliances or domestic purposes imports to Romania, with a combined 85% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +328.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Slovakia ($X) and Germany ($X) appeared to be the largest electro-thermic appliances or domestic purposes suppliers to Romania, together accounting for 76% of total imports.

Among the main suppliers, Slovakia, with a CAGR of +274.9%, recorded 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 import price for electro-thermic appliances or domestic purposes amounted to $X per unit, which is down by -17.5% against the previous year. Over the period under review, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2014 an increase of 28%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Hungary ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electro-thermic appliances or domestic purposes in the world?

South Africa remains the largest electro-thermic appliances or domestic purposes consuming country worldwide, accounting for 49% of total volume. Moreover, electro-thermic appliances or domestic purposes consumption in South Africa exceeded the figures recorded by the second-largest consumer, the United States, fourfold. China ranked third in terms of total consumption with a 9.5% share.

What are the largest producers of electro-thermic appliances or domestic purposes in the world?

The country with the largest volume of electro-thermic appliances or domestic purposes production was China, accounting for 78% of total volume. Moreover, electro-thermic appliances or domestic purposes production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. Japan ranked third in terms of total production with a 3.1% share.

What are the leading suppliers of electro-thermic appliances or domestic purposes to Romania?

In value terms, China, Slovakia and Germany constituted the largest electro-thermic appliances or domestic purposes suppliers to Romania, with a combined 76% share of total imports.

What are the leading importers of electro-thermic appliances or domestic purposes from Romania?

In value terms, Bulgaria, the Czech Republic and Belgium appeared to be the largest markets for electro-thermic appliances or domestic purposes exported from Romania worldwide, together accounting for 63% of total exports.

What is the average export price for electro-thermic appliances or domestic purposes in Romania?

The average export price for electro-thermic appliances or domestic purposes stood at $12 per unit in 2021, approximately reflecting the previous year.

What is the average import price for electro-thermic appliances or domestic purposes in Romania?

The average import price for electro-thermic appliances or domestic purposes stood at $11 per unit in 2021, increasing by 8.2% against the previous year.

This report provides an in-depth analysis of the market for electro-thermic appliances or domestic purposes in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27512490 - Electro-thermic appliances, for domestic use (excluding hairdressing appliances and hand dryers, space-heating and soil-heating apparatus, water heaters, immersion heaters, s moothing irons, microwave ovens, ovens, cookers, cooking plates, boiling rings, grillers, roasters, coffee makers, tea makers and toasters)

Country coverage:

Romania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Romania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023