Romania: Endless Machinery Band Market 2025

Endless Machinery Band Market Size in Romania

The Romanian endless machinery band market soared to $X in 2021, growing by 27% against the previous year. Overall, consumption, however, saw a deep downturn. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Endless Machinery Band Production in Romania

In value terms, endless machinery band production fell significantly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by 16%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Endless Machinery Band Exports

Exports from Romania

In 2021, shipments abroad of endless bands for machinery, of stainless steel was finally on the rise to reach X square meters for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 4,888%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, endless machinery band exports skyrocketed to $X in 2021. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 12,409%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Italy (X square meters) was the main destination for endless machinery band exports from Romania, accounting for a 82% share of total exports. Moreover, endless machinery band exports to Italy exceeded the volume sent to the second major destination, Moldova (X square meters), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Italy stood at +47.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+38.4% per year) and Turkey (+30.5% per year).

In value terms, Italy ($X) emerged as the key foreign market for endless machinery band exports from Romania, comprising 76% of total exports. The second position in the ranking was held by Moldova ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Italy totaled +173.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+77.1% per year) and Turkey (+60.3% per year).

Export Prices by Country

The average endless machinery band export price stood at $X per square meter in 2021, shrinking by -11.3% against the previous year. Over the period under review, the export price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 316%. As a result, the export price reached the peak level of $X per square meter, and then contracted in the following year.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per square meter), while the average price for exports to Italy ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+57.1%), while the prices for the other major destinations experienced more modest paces of growth.

Endless Machinery Band Imports

Imports into Romania

After two years of decline, purchases abroad of endless bands for machinery, of stainless steel increased by 31% to X square meters in 2021. In general, imports, however, recorded a slight decline. The growth pace was the most rapid in 2018 when imports increased by 180% against the previous year. As a result, imports reached the peak of X square meters. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, endless machinery band imports totaled $X in 2021. Over the period under review, imports recorded a resilient increase. The growth pace was the most rapid in 2018 when imports increased by 384%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Italy (X square meters) constituted the largest supplier of endless machinery band to Romania, with a 63% share of total imports. Moreover, endless machinery band imports from Italy exceeded the figures recorded by the second-largest supplier, Austria (X square meters), twofold. The third position in this ranking was taken by Turkey (X square meters), with a 2.6% share.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +17.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+61.3% per year) and Turkey (+7.8% per year).

In value terms, Italy ($X) constituted the largest supplier of endless machinery band to Romania, comprising 65% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by Austria, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +28.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+46.5% per year) and Austria (+47.8% per year).

Import Prices by Country

In 2021, the average endless machinery band import price amounted to $X per square meter, which is down by -15.1% against the previous year. In general, the import price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 73% against the previous year. The import price peaked at $X per square meter in 2020, and then reduced notably in the following year.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per square meter), while the price for Austria ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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