Romania: Insulating Fittings Market 2025

Insulating Fittings Market Size in Romania

The Romanian insulating fittings market skyrocketed to $X in 2021, picking up by 15% against the previous year. Overall, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +9.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -15.0% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Insulating Fittings Production in Romania

In value terms, insulating fittings production declined significantly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable descent. The growth pace was the most rapid in 2015 with an increase of 67%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Insulating Fittings Exports

Exports from Romania

In 2021, after four years of growth, there was significant decline in overseas shipments of insulating fittings for electrical purposes, when their volume decreased by -31.8% to X tons. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2018 when exports increased by 113% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, insulating fittings exports shrank remarkably to $X in 2021. Overall, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when exports increased by 98% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons), Moldova (X tons) and Italy (X tons) were the main destinations of insulating fittings exports from Romania, with a combined 92% share of total exports. These countries were followed by the United Arab Emirates, Serbia, Germany and Slovakia, which together accounted for a further 5.8%.

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 Arab Emirates (with a CAGR of +91.6%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Moldova ($X) and Italy ($X) were the largest markets for insulating fittings exported from Romania worldwide, with a combined 90% share of total exports. These countries were followed by the United Arab Emirates, Germany, Serbia and Slovakia, which together accounted for a further 5.8%.

The United Arab Emirates, with a CAGR of +71.5%, recorded the highest rates of growth with regard to the value of exports, among 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

The average insulating fittings export price stood at $X per ton in 2021, picking up by 17% against the previous year. Over the period under review, the export price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 34% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, 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 the United Arab Emirates ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

Insulating Fittings Imports

Imports into Romania

In 2021, imports of insulating fittings for electrical purposes into Romania soared to X tons, increasing by 25% against the previous year. Overall, imports saw resilient growth. The pace of growth was the most pronounced in 2014 with an increase of 111% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, insulating fittings imports totaled $X in 2021. Over the period under review, imports enjoyed a notable expansion. The pace of growth was the most pronounced in 2014 with an increase of 63%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Bulgaria (X tons), Germany (X tons) and China (X tons) were the main suppliers of insulating fittings imports to Romania, with a combined 59% 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 Bulgaria (with a CAGR of +153.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) appeared to be the largest insulating fittings suppliers to Romania, together comprising 61% of total imports. These countries were followed by Bulgaria, Austria, China and Poland, which together accounted for a further 26%.

Among the main suppliers, Bulgaria, with a CAGR of +112.9%, recorded 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

In 2021, the average insulating fittings import price amounted to $X per ton, shrinking by -15.5% against the previous year. In general, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 25%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :