Romania: Resistor Market 2024

Resistor Market Size in Romania

The Romanian resistor market rose markedly to $X in 2022, growing by X% against the previous year. In general, consumption continues to indicate a strong expansion. Resistor consumption peaked in 2022 and is expected to retain growth in years to come.

Resistor Production in Romania

In value terms, resistor production rose sharply to $X in 2022 estimated in export price. Over the period under review, production, however, posted measured growth. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Resistor Exports

Exports from Romania

In 2022, shipments abroad of electrical resistors (except heating resistors) increased by X% to X units, rising for the second consecutive year after four years of decline. Overall, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, resistor exports surged to $X in 2022. Over the period under review, exports showed a strong increase. The pace of growth was the most pronounced in 2016 when exports increased by X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X units), France (X units) and Germany (X units) were the main destinations of resistor exports from Romania, together comprising X% of total exports. Austria, the UK, the Netherlands, Hungary, Serbia, Belgium, Sweden, Moldova, China and Greece lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for resistor exported from Romania were China ($X), Italy ($X) and Serbia ($X), with a combined X% share of total exports.

Among the main countries of destination, Serbia, with a CAGR of X%, 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 resistor export price stood at $X per thousand units in 2022, growing by X% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, resistor export price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per thousand units in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per thousand units), while the average price for exports to Hungary ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Resistor Imports

Imports into Romania

In 2022, the amount of electrical resistors (except heating resistors) imported into Romania stood at X units, picking up by X% on 2021. Over the period under review, imports continue to indicate moderate growth. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, resistor imports totaled $X in 2022. In general, imports saw strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of resistor to Romania, with a X% share of total imports. Moreover, resistor imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. The third position in this ranking was held by the Netherlands (X units), with a X% share.

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

In value terms, Germany ($X) constituted the largest supplier of electrical resistors (except heating resistors) to Romania, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Italy (X% per year).

Import Prices by Country

The average resistor import price stood at $X per thousand units in 2022, leveling off at the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, resistor import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked at $X per thousand units in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 the Netherlands ($X per thousand units), while the price for Italy ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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