Romania: Market for Iron Or Steel Liquid Fuel Domestic Appliances 2025

Market Size for Iron Or Steel Liquid Fuel Domestic Appliances in Romania

In 2022, the Romanian metal liquid fuel appliances market decreased by -1.6% to $X for the first time since 2015, thus ending a six-year rising trend. Overall, consumption continues to indicate a strong expansion. Metal liquid fuel appliances consumption peaked at $X in 2021, and then dropped modestly in the following year.

Exports of Iron Or Steel Liquid Fuel Domestic Appliances

Exports from Romania

In 2022, the amount of iron or steel liquid fuel domestic appliances exported from Romania shrank notably to X units, waning by -46.2% on 2021 figures. In general, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 2,422% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal liquid fuel appliances exports dropped rapidly to $X in 2022. Overall, exports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of 1,152%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Hungary (X units) was the main destination for metal liquid fuel appliances exports from Romania, accounting for a 68% share of total exports. Moreover, metal liquid fuel appliances exports to Hungary exceeded the volume sent to the second major destination, Moldova (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to Hungary totaled +60.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+1.8% per year) and Spain (0.0% per year).

In value terms, Hungary ($X) emerged as the key foreign market for iron or steel liquid fuel domestic appliances exports from Romania, comprising 77% of total exports. The second position in the ranking was taken by Moldova ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Hungary amounted to +51.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (-2.3% per year) and Spain (0.0% per year).

Export Prices by Country

In 2022, the average metal liquid fuel appliances export price amounted to $X per unit, jumping by 49% against the previous year. In general, the export price, however, saw a mild downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by 409% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+281.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron Or Steel Liquid Fuel Domestic Appliances

Imports into Romania

In 2022, the amount of iron or steel liquid fuel domestic appliances imported into Romania reduced modestly to X units, remaining relatively unchanged against the previous year's figure. Over the period under review, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2016 when imports increased by 338% against the previous year. Imports peaked at X units in 2019; afterwards, it flattened through to 2022.

In value terms, metal liquid fuel appliances imports dropped to $X in 2022. In general, imports, however, saw a remarkable increase. The growth pace was the most rapid in 2017 when imports increased by 91%. Over the period under review, imports reached the maximum at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Poland (X units) constituted the largest metal liquid fuel appliances supplier to Romania, with a 78% share of total imports. Moreover, metal liquid fuel appliances imports from Poland exceeded the figures recorded by the second-largest supplier, China (X units), ninefold. The third position in this ranking was held by Austria (X units), with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled +32.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.5% per year) and Austria (+61.3% per year).

In value terms, Poland ($X) constituted the largest supplier of iron or steel liquid fuel domestic appliances to Romania, comprising 80% of total imports. The second position in the ranking was taken by China ($X), with a 7.3% share of total imports. It was followed by Italy, with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland stood at +28.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.1% per year) and Italy (+3.8% per year).

Import Prices by Country

The average metal liquid fuel appliances import price stood at $X per unit in 2022, shrinking by -7.4% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 152%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+33.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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