Romania: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in Romania

In 2020, the Romanian market for iron or steel leaf-springs and leaves decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. Over the period under review, consumption recorded a perceptible decrease. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. from 2009 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Iron Or Steel Leaf-Springs And Leaves in Romania

In value terms, production of iron or steel leaf-springs and leaves shrank to $X in 2020 estimated in export prices. Overall, production continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Production peaked at $X in 2008; however, from 2009 to 2020, production stood at a somewhat lower figure.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports from Romania

In 2020, overseas shipments of iron or steel leaf-springs and leaves decreased by -X% to X tons, falling for the third year in a row after three years of growth. In general, exports showed a slight downturn. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked at X tons in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, exports of iron or steel leaf-springs and leaves fell to $X in 2020. Over the period under review, exports showed a perceptible shrinkage. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Exports peaked at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X tons), Austria (X tons) and the Netherlands (X tons) were the main destinations of exports of iron or steel leaf-springs and leaves from Romania, with a combined X% share of total exports. These countries were followed by Poland, Italy and Spain, which together accounted for a further X 2007 to 2020, the biggest increases were in Poland (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and the Netherlands ($X) were the largest markets for iron or steel leaf-spring and leave exported from Romania worldwide, together comprising X% of total exports. Poland, Italy and Spain lagged somewhat behind, together accounting for a further X (+X% per year) 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 2020, the average export price for iron or steel leaf-springs and leaves amounted to $X per ton, which is down by -X% against the previous year. In general, the export price saw a slight curtailment. 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 hit record highs at $X per ton in 2009; however, from 2010 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major overseas markets. In 2020, the countries with the highest prices were Germany ($X per ton) and Spain ($X per ton), while the average price for exports to Austria ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports into Romania

In 2020, after four years of growth, there was significant decline in supplies from abroad of iron or steel leaf-springs and leaves, when their volume decreased by -X% to X tons. Over the period under review, imports, however, recorded a resilient increase. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Imports peaked at X tons in 2019, and then reduced dramatically in the following year.

In value terms, imports of iron or steel leaf-springs and leaves fell markedly to $X in 2020. In general, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

Hungary (X tons), Poland (X tons) and Turkey (X tons) were the main suppliers of imports of iron or steel leaf-springs and leaves to Romania, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of iron or steel leaf-spring and leave to Romania, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2020, 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: Poland (+X% per year) and Italy (+X% per year).

Import Prices by Country

In 2020, the average import price for iron or steel leaf-springs and leaves amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price continues to indicate a mild descent. The growth pace was the most rapid in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2010; however, from 2011 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :