Romania: Metal Chain Market 2025

Metal Chain Market Size in Romania

The Romanian metal chain market fell to $X in 2022, with a decrease of -10.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a pronounced decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Chain Exports

Exports from Romania

In 2022, overseas shipments of iron or steel chain were finally on the rise to reach X tons after three years of decline. Over the period under review, exports showed buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of 255%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, metal chain exports shrank slightly to $X in 2022. Overall, exports recorded a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of 166%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Bulgaria (X tons), Hungary (X tons) and Lithuania (X tons) were the main destinations of metal chain exports from Romania, with a combined 72% share of total exports. Italy, Latvia, Moldova, Hong Kong SAR and Austria lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +83.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), Hungary ($X) and Bulgaria ($X) constituted the largest markets for metal chain exported from Romania worldwide, with a combined 43% share of total exports.

Hong Kong SAR, with a CAGR of +69.9%, recorded the highest growth rate of 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

In 2022, the average metal chain export price amounted to $X per ton, which is down by -10.4% against the previous year. In general, the export price, however, continues to indicate a slight increase. The most prominent rate of growth was recorded in 2020 an increase of 54% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Bulgaria ($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 Moldova (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Chain Imports

Imports into Romania

Metal chain imports into Romania fell to X tons in 2022, which is down by -13.9% on 2021. Over the period under review, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2016 when imports increased by 40%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, metal chain imports declined to $X in 2022. Overall, imports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 33%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X tons), China (X tons) and Italy (X tons) were the main suppliers of metal chain imports to Romania, with a combined 81% share of total imports. The Netherlands, Hungary, Germany, Austria and South Korea lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +21.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and the Netherlands ($X) were the largest metal chain suppliers to Romania, together comprising 54% of total imports.

The Netherlands, with a CAGR of +16.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average metal chain import price amounted to $X per ton, with an increase of 4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 36%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 South Korea ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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