Romania: Metal Flexible Tubing Market 2024

Metal Flexible Tubing Market Size in Romania

The Romanian metal flexible tubing market reduced remarkably to $X in 2022, declining by X% 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). In general, consumption, however, saw a relatively flat trend pattern. Metal flexible tubing consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Metal Flexible Tubing Exports

Exports from Romania

In 2022, shipments abroad of iron or steel flexible tubing increased by X% to X tons, rising for the fourth year in a row after three years of decline. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, metal flexible tubing exports soared to $X in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for metal flexible tubing exports from Romania, with a X% share of total exports. Moreover, metal flexible tubing exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), more than tenfold. The third position in this ranking was taken by the UK (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and the UK (X% per year).

In value terms, Germany ($X) remains the key foreign market for iron or steel flexible tubing exports from Romania, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with an X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average metal flexible tubing export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 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 Moldova ($X per ton), while the average price for exports to Germany ($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 (X%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Flexible Tubing Imports

Imports into Romania

Metal flexible tubing imports into Romania contracted to X tons in 2022, reducing by X% against the previous year's figure. In general, imports continue to indicate a mild setback. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, metal flexible tubing imports reduced rapidly to $X in 2022. Over the period under review, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then shrank rapidly in the following year.

Imports by Country

Germany (X tons), Turkey (X tons) and China (X tons) were the main suppliers of metal flexible tubing imports to Romania, together comprising X% of total imports. Italy, the Czech Republic, France, Hungary and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of iron or steel flexible tubing to Romania, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).

Import Prices by Country

The average metal flexible tubing import price stood at $X per ton in 2022, falling by X% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal flexible tubing import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. The import price peaked at $X per ton in 2021, and then declined in the following year.

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

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

Source: IndexBox Platform

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