Romania: Hand Saw Market 2024

Hand Saw Market Size in Romania

After two years of growth, the Romanian hand saw market decreased by -26.7% to $X in 2022. Overall, consumption saw a slight setback. As a result, consumption attained the peak level of $X, and then reduced markedly in the following year.

Hand Saw Production in Romania

In value terms, hand saw production fell dramatically to $X in 2022 estimated in export price. Over the period under review, production faced a dramatic contraction. The growth pace was the most rapid in 2016 when the production volume increased by 55% against the previous year. Hand saw production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Hand Saw Exports

Exports from Romania

In 2022, approx. X tons of hand saws were exported from Romania; increasing by 16% on 2021 figures. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2015 when exports increased by 1,224% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, hand saw exports shrank to $X in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 2,744% against the previous year. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Germany (X tons), Sweden (X tons) and Poland (X tons) were the main destinations of hand saw exports from Romania, with a combined 95% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +227.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for hand saws exports from Romania, comprising 74% of total exports. The second position in the ranking was held by Sweden ($X), with a 21% share of total exports. It was followed by Poland, with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +352.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+4.6% per year) and Poland (+50.3% per year).

Export Prices by Country

In 2022, the average hand saw export price amounted to $X per ton, reducing by -24% against the previous year. Overall, the export price, however, posted resilient growth. The growth pace was the most rapid in 2015 when the average export price increased by 115%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+37.9%), while the prices for the other major destinations experienced mixed trend patterns.

Hand Saw Imports

Imports into Romania

In 2022, supplies from abroad of hand saws decreased by -20.4% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +16.3% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of 50% against the previous year. Imports peaked at X tons in 2021, and then reduced markedly in the following year.

In value terms, hand saw imports declined rapidly to $X in 2022. Over the period under review, imports, however, showed a strong increase. The growth pace was the most rapid in 2021 when imports increased by 41% against the previous year. As a result, imports attained the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest hand saw supplier to Romania, with a 42% share of total imports. Moreover, hand saw imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.7% per year) and Poland (+11.9% per year).

In value terms, China ($X), Germany ($X) and Poland ($X) appeared to be the largest hand saw suppliers to Romania, with a combined 66% share of total imports. The Czech Republic, Belgium, Sweden, Slovakia and Italy lagged somewhat behind, together accounting for a further 21%.

In terms of the main suppliers, Sweden, with a CAGR of +66.4%, 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 hand saw import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2013 an increase of 23% against the previous year. Over the period under review, average import prices attained the maximum 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 ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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