Romania: Off-Highway Dumper Market 2024

Off-Highway Dumper Market Size in Romania

The Romanian off-highway dumper market surged to $X in 2021, jumping by 36% against the previous year. Overall, consumption showed resilient growth. Off-highway dumper consumption peaked in 2021 and is expected to retain growth in the near future.

Off-Highway Dumper Production in Romania

In value terms, off-highway dumper production dropped modestly to $X in 2021 estimated in export price. In general, production, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by 26%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Off-Highway Dumper Exports

Exports from Romania

In 2021, the amount of dumpers for off-highway use exported from Romania totaled X units, approximately equating 2020. In general, exports, however, faced a abrupt downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 215% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, off-highway dumper exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2018 when exports increased by 239% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for off-highway dumper exports from Romania, accounting for a 45% share of total exports. Moreover, off-highway dumper exports to Germany exceeded the volume sent to the second major destination, Moldova (X units), twofold. Austria (X units) ranked third in terms of total exports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +39.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+61.2% per year) and Austria (-14.1% per year).

In value terms, Moldova ($X), Germany ($X) and Austria ($X) constituted the largest markets for off-highway dumper exported from Romania worldwide, together accounting for 90% of total exports.

Moldova, with a CAGR of +157.3%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

The average off-highway dumper export price stood at $X per unit in 2021, jumping by 139% against the previous year. In general, the export price continues to indicate a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($X per unit), while the average price for exports to Ukraine ($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 Moldova (+59.6%), while the prices for the other major destinations experienced more modest paces of growth.

Off-Highway Dumper Imports

Imports into Romania

In 2021, approx. X units of dumpers for off-highway use were imported into Romania; with an increase of 25% compared with 2020 figures. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 32%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, off-highway dumper imports surged to $X in 2021. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 73%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X units), the Netherlands (X units) and the UK (X units) were the main suppliers of off-highway dumper imports to Romania, together accounting for 60% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +21.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Austria ($X) constituted the largest off-highway dumper suppliers to Romania, with a combined 62% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +27.4%, saw 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

The average off-highway dumper import price stood at $X per unit in 2021, jumping by 28% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, off-highway dumper import price increased by +26.5% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 37% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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 Belgium ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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