Romania: Metal Skid Chain Market 2024

Metal Skid Chain Market Size in Romania

In 2021, the Romanian metal skid chain market increased by 40% to $X, rising for the second consecutive year after six years of decline. Over the period under review, consumption, however, recorded a slight reduction. Metal skid chain consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Metal Skid Chain Production in Romania

In value terms, metal skid chain production rose sharply to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the production volume increased by 15% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Metal Skid Chain Exports

Exports from Romania

In 2021, metal skid chain exports from Romania skyrocketed to X tons, with an increase of 31% against the previous year. Overall, exports, however, continue to indicate a noticeable descent. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, metal skid chain exports surged to $X in 2021. Over the period under review, exports, however, saw a abrupt curtailment. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for metal skid chain exports from Romania, with a 67% share of total exports. Moreover, metal skid chain exports to Germany exceeded the volume sent to the second major destination, France (X tons), fivefold. The third position in this ranking was taken by Switzerland (X tons), with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to -1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+35.9% per year) and Switzerland (-5.0% per year).

In value terms, Germany ($X) remains the key foreign market for iron or steel skid chain exports from Romania, comprising 58% of total exports. The second position in the ranking was held by Switzerland ($X), with a 15% share of total exports. It was followed by France, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at -2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-1.6% per year) and France (+33.7% per year).

Export Prices by Country

In 2021, the average metal skid chain export price amounted to $X per ton, reducing by -1.8% against the previous year. In general, the export price showed a slight curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by 16%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Skid Chain Imports

Imports into Romania

In 2021, after three years of decline, there was significant growth in supplies from abroad of iron or steel skid chain, when their volume increased by 58% to X tons. Over the period under review, imports posted a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of 64% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, metal skid chain imports surged to $X in 2021. Overall, imports enjoyed resilient growth. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Turkey (X tons) and Slovenia (X tons) were the main suppliers of metal skid chain imports to Romania, with a combined 72% share of total imports. Germany, Lithuania, Poland, Finland, Italy and Austria lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +77.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and Slovenia ($X) appeared to be the largest metal skid chain suppliers to Romania, with a combined 62% share of total imports. These countries were followed by Germany, Lithuania, Poland, Finland, Italy and Austria, which together accounted for a further 34%.

Lithuania, with a CAGR of +64.6%, recorded 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

The average metal skid chain import price stood at $X per ton in 2021, increasing by 4.6% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 18%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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