Romania: Insulated Coaxial Cables Market 2021

Insulated Coaxial Cables Market Size in Romania

The Romanian insulated coaxial cables market contracted to $X in 2020, shrinking by -X% against the previous year. In general, consumption saw a measured increase. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Insulated coaxial cables consumption peaked at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Insulated Coaxial Cables Production in Romania

In value terms, insulated coaxial cables production rose markedly to $X in 2020 estimated in export prices. Overall, production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2020, production stood at a somewhat lower figure.

Insulated Coaxial Cables Exports

Exports from Romania

After four years of growth, overseas shipments of insulated coaxial cables decreased by -X% to X tons in 2020. Overall, exports saw a noticeable slump. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tons in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, insulated coaxial cables exports reduced modestly to $X in 2020. Over the period under review, total exports indicated a strong expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2015 indices. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Exports peaked at $X in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

Exports by Country

Belgium (X tons) was the main destination for insulated coaxial cables exports from Romania, with a X% share of total exports. Moreover, insulated coaxial cables exports to Belgium exceeded the volume sent to the second major destination, Moldova (X tons), twofold. Italy (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Belgium stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+X% per year) and Italy (-X% per year).

In value terms, Belgium ($X) remains the key foreign market for insulated coaxial cables exports from Romania, comprising X% of total exports. The second position in the ranking was occupied by Moldova ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Belgium totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+X% per year) and Ukraine (+X% per year).

Export Prices by Country

The average insulated coaxial cables export price stood at $X per ton in 2020, rising by X% against the previous year. In general, export price indicated a remarkable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, insulated coaxial cables export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, average export prices attained the peak figure in 2020 and is expected to retain growth in the near future.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria, while the prices for the other major destinations experienced more modest paces of growth.

Insulated Coaxial Cables Imports

Imports into Romania

In 2020, imports of insulated coaxial cables into Romania dropped sharply to X tons, waning by -X% compared with 2019 figures. In general, imports recorded a pronounced descent. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. As a result, imports attained the peak of X tons. From 2012 to 2020, the growth imports remained at a lower figure.

In value terms, insulated coaxial cables imports shrank slightly to $X in 2020. Over the period under review, total imports indicated a perceptible expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

China (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of insulated coaxial cables imports to Romania, with a combined X% share of total imports. The Czech Republic, Italy, Spain and Hungary lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest insulated coaxial cables suppliers to Romania were Belgium ($X), Germany ($X) and the Czech Republic ($X), with a combined X% share of total imports.

Among the main suppliers, the Czech Republic 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 mixed trend patterns.

Import Prices by Country

The average insulated coaxial cables import price stood at $X per ton in 2020, with an increase of X% against the previous year. In general, import price indicated a strong expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hungary, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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