Romania: Metal Rivet Market 2025

Metal Rivet Market Size in Romania

In 2022, the Romanian metal rivet market increased by 27% to $X, rising for the second consecutive year after three years of decline. In general, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +54.0% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Metal Rivet Production in Romania

In value terms, metal rivet production contracted markedly to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Metal Rivet Exports

Exports from Romania

In 2022, overseas shipments of iron or steel rivets increased by 160% to X tons, rising for the second year in a row after four years of decline. In general, exports saw a resilient increase. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, metal rivet exports soared to $X in 2022. Over the period under review, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Hungary (X tons) was the main destination for metal rivet exports from Romania, accounting for a 77% share of total exports. Moreover, metal rivet exports to Hungary exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold. The third position in this ranking was held by the Czech Republic (X tons), with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hungary stood at +131.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+3.4% per year) and the Czech Republic (+123.8% per year).

In value terms, Hungary ($X) remains the key foreign market for iron or steel rivets exports from Romania, comprising 55% of total exports. The second position in the ranking was taken by Pakistan ($X), with an 8% share of total exports. It was followed by the Czech Republic, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Hungary totaled +92.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (+56.5% per year) and the Czech Republic (+103.8% per year).

Export Prices by Country

In 2022, the average metal rivet export price amounted to $X per ton, shrinking by -21.1% against the previous year. Over the period under review, the export price recorded a mild contraction. The growth pace was the most rapid in 2020 when the average export price increased by 84% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while the average price for exports to Italy ($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 Bulgaria (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Rivet Imports

Imports into Romania

In 2022, overseas purchases of iron or steel rivets increased by 49% to X tons, rising for the second year in a row after two years of decline. In general, imports showed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal rivet imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.5% 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 +85.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Italy (X tons) and China (X tons) were the main suppliers of metal rivet imports to Romania, together comprising 56% of total imports. Sweden, France, Hungary, Spain, Austria, Switzerland and the Czech Republic lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +29.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of iron or steel rivets to Romania, comprising 36% of total imports. The second position in the ranking was held by China ($X), with an 11% share of total imports. It was followed by Austria, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+21.1% per year) and Austria (+10.0% per year).

Import Prices by Country

The average metal rivet import price stood at $X per ton in 2022, with a decrease of -2.8% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 38% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Austria ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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