Romania: Electrical Insulator Market 2025

Electrical Insulator Market Size in Romania

In 2022, the Romanian electrical insulator market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, saw a perceptible downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Electrical Insulator Production in Romania

In value terms, electrical insulator production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable shrinkage. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Electrical Insulator Exports

Exports from Romania

In 2022, the amount of electrical insulators exported from Romania skyrocketed to X units, with an increase of 20% against 2021 figures. Overall, exports enjoyed a temperate increase. The pace of growth appeared the most rapid in 2016 with an increase of 157%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, electrical insulator exports surged to $X in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for electrical insulator exports from Romania, with a 52% share of total exports. Moreover, electrical insulator exports to the United States exceeded the volume sent to the second major destination, Brazil (X units), fourfold. The third position in this ranking was held by the UK (X units), with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+48.6% per year) and the UK (+81.5% per year).

In value terms, Italy ($X), the United States ($X) and Germany ($X) appeared to be the largest markets for electrical insulator exported from Romania worldwide, together accounting for 65% of total exports. Bulgaria, Serbia, Brazil, the UK, Sweden, France, Moldova and Switzerland lagged somewhat behind, together accounting for a further 12%.

Moldova, with a CAGR of +84.8%, recorded the highest rates of growth with regard to 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 2022, the average electrical insulator export price amounted to $X per unit, reducing by -2.6% against the previous year. In general, the export price showed a slight shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 178%. As a result, the export price reached 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to the UK ($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 Italy (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Insulator Imports

Imports into Romania

In 2022, electrical insulator imports into Romania dropped significantly to X units, falling by -16.8% compared with the previous year. Overall, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 30%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, electrical insulator imports reduced to $X in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 36%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

Hungary (X units), France (X units) and Italy (X units) were the main suppliers of electrical insulator imports to Romania, together comprising 60% of total imports. Portugal, Poland, the Czech Republic, India, Spain, the United States, Germany and Switzerland lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +70.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical insulator suppliers to Romania were Italy ($X), Hungary ($X) and Germany ($X), together comprising 69% of total imports. Poland, Portugal, the Czech Republic, Spain, the United States, Switzerland, France and India lagged somewhat behind, together comprising a further 20%.

In terms of the main suppliers, Spain, with a CAGR of +93.3%, 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 electrical insulator import price stood at $X per unit in 2022, surging by 12% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 57%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+41.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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