Romania: Electrical Signalling Apparatus Market 2025

Electrical Signalling Apparatus Market Size in Romania

In 2022, the Romanian electrical signalling apparatus market decreased by -18.4% to $X, falling for the sixth consecutive year after five years of growth. Over the period under review, consumption saw a deep downturn. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Electrical Signalling Apparatus Production in Romania

In value terms, electrical signalling apparatus production skyrocketed to $X in 2022 estimated in export price. Overall, production saw a abrupt contraction. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Electrical Signalling Apparatus Exports

Exports from Romania

Electrical signalling apparatus exports from Romania soared to X units in 2022, growing by 188% compared with 2021. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical signalling apparatus exports surged to $X in 2022. Over the period under review, exports saw buoyant growth. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for electrical signalling apparatus exports from Romania, with a 72% share of total exports. Moreover, electrical signalling apparatus exports to Germany exceeded the volume sent to the second major destination, the United States (X units), fourfold. The United Arab Emirates (X units) ranked third in terms of total exports with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +50.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+115.3% per year) and the United Arab Emirates (+26.7% per year).

In value terms, Germany ($X), the United States ($X) and Italy ($X) were the largest markets for electrical signalling apparatus exported from Romania worldwide, together comprising 85% of total exports.

Among the main countries of destination, the United States, with a CAGR of +89.5%, recorded the highest rates of growth with regard to 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

In 2022, the average electrical signalling apparatus export price amounted to $X per unit, growing by 40% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 61% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+27.5%), while the prices for the other major destinations experienced mixed trend patterns.

Electrical Signalling Apparatus Imports

Imports into Romania

In 2022, overseas purchases of electrical apparatus for sound or visual signalling decreased by -4.7% to X units, falling for the second consecutive year after five years of growth. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 35%. Over the period under review, imports reached the peak figure at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, electrical signalling apparatus imports totaled $X in 2022. Over the period under review, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -43.7% against 2019 indices. The growth pace was the most rapid in 2019 when imports increased by 39% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electrical signalling apparatus to Romania, with a 25% share of total imports. Moreover, electrical signalling apparatus imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was held by the Netherlands (X units), with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.2% per year) and the Netherlands (+15.2% per year).

In value terms, the largest electrical signalling apparatus suppliers to Romania were Germany ($X), France ($X) and Italy ($X), with a combined 37% share of total imports. China, Austria, the Netherlands, Slovakia, Spain, Hungary, Poland, Portugal, Turkey and the Czech Republic lagged somewhat behind, together accounting for a further 44%.

Slovakia, with a CAGR of +85.4%, recorded the highest growth rate of 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 electrical signalling apparatus import price stood at $X per unit in 2022, jumping by 16% against the previous year. Over the period under review, the import price, however, showed a noticeable decrease. The growth pace was the most rapid in 2016 an increase of 17%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average 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 France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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