Romania: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in Romania

In 2021, the Romanian market for in-hand motor grinders, sanders and planers decreased by -86.2% to $X, falling for the second year in a row after two years of growth. Overall, consumption saw a precipitous shrinkage. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of In-Hand Motor Grinders, Sanders And Planers in Romania

In value terms, production of in-hand motor grinders, sanders and planers expanded sharply to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by 40% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports from Romania

In 2021, shipments abroad of in-hand motor grinders, sanders and planers increased by 62% to X units, rising for the second consecutive year after two years of decline. Overall, exports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 91%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, exports of in-hand motor grinders, sanders and planers skyrocketed to $X in 2021. Over the period under review, exports continue to indicate resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), France (X units) and Russia (X units) were the main destinations of exports of in-hand motor grinders, sanders and planers from Romania, together comprising 36% of total exports. These countries were followed by the UK, Austria, Poland, Italy, the United States, Estonia, the Netherlands, Spain, Belgium and Finland, which together accounted for a further 50%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +307.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electromechanical tools for working in the hand, with self-contained electric motor exported from Romania were Germany ($X), France ($X) and the UK ($X), with a combined 38% share of total exports. These countries were followed by Russia, Austria, Poland, Italy, Estonia, the United States, the Netherlands, Belgium, Spain and Finland, which together accounted for a further 48%.

The United States, with a CAGR of +238.5%, recorded the highest growth rate of the value of exports, in terms of 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 2021, the average export price for in-hand motor grinders, sanders and planers amounted to $X per unit, with an increase of 6.8% against the previous year. Overall, export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for in-hand motor grinders, sanders and planers decreased by -23.1% against 2019 indices. The pace of growth appeared the most rapid in 2018 an increase of 39% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Finland ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports into Romania

Imports of in-hand motor grinders, sanders and planers into Romania surged to X units in 2021, with an increase of 37% on 2020. Over the period under review, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of in-hand motor grinders, sanders and planers soared to $X in 2021. In general, imports recorded a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and Poland (X units) were the main suppliers of imports of in-hand motor grinders, sanders and planers to Romania, with a combined 86% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +25.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Poland ($X) constituted the largest electromechanical tools for working in the hand, with self-contained electric motor suppliers to Romania, with a combined 76% share of total imports.

Poland, with a CAGR of +36.7%, saw the highest rates of growth with regard to the value of imports, among 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 import price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, picking up by 12% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2018 an increase of 18%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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