Romania: Mounting Lifting Equipment Market 2025

Mounting Lifting Equipment Market Size in Romania

In 2021, the Romanian mounting lifting equipment market decreased by -30.6% to $X, falling for the second year in a row after four years of growth. Overall, consumption, however, continues to indicate modest growth. Mounting lifting equipment consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Mounting Lifting Equipment Production in Romania

In value terms, mounting lifting equipment production shrank rapidly to $X in 2021 estimated in export price. Overall, production showed a significant decrease. The growth pace was the most rapid in 2017 with an increase of 34% against the previous year. Mounting lifting equipment production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Mounting Lifting Equipment Exports

Exports from Romania

In 2021, mounting lifting equipment exports from Romania dropped to X units, remaining stable against the previous year's figure. Over the period under review, exports saw a slight decline. The pace of growth was the most pronounced in 2014 with an increase of 333%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, mounting lifting equipment exports soared to $X in 2021. In general, exports recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 47% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X units) was the main destination for mounting lifting equipment exports from Romania, accounting for a 77% share of total exports. Moreover, mounting lifting equipment exports to Italy exceeded the volume sent to the second major destination, France (X units), fivefold. Bulgaria (X units) ranked third in terms of total exports with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume to Italy totaled -1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+111.6% per year) and Bulgaria (-13.5% per year).

In value terms, Italy ($X) remains the key foreign market for lifting equipment designed for mounting on road vehicles exports from Romania, comprising 75% of total exports. The second position in the ranking was held by Bulgaria ($X), with a 13% share of total exports. It was followed by France, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy stood at -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (-6.0% per year) and France (+90.9% per year).

Export Prices by Country

In 2021, the average mounting lifting equipment export price amounted to $X per unit, rising by 31% against the previous year. In general, the export price, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 115%. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.

Mounting Lifting Equipment Imports

Imports into Romania

In 2021, after two years of decline, there was significant growth in overseas purchases of lifting equipment designed for mounting on road vehicles, when their volume increased by 48% to X units. In general, total imports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 65%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, mounting lifting equipment imports expanded sharply to $X in 2021. Over the period under review, imports showed a temperate expansion. The most prominent rate of growth was recorded in 2017 with an increase of 79%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

France (X units), Hungary (X units) and Austria (X units) were the main suppliers of mounting lifting equipment imports to Romania, with a combined 64% share of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +54.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mounting lifting equipment suppliers to Romania were Austria ($X), Poland ($X) and France ($X), together accounting for 60% of total imports. These countries were followed by Italy, Slovakia, China, Finland, Hungary, Germany, Sweden and the Czech Republic, which together accounted for a further 33%.

China, with a CAGR of +85.7%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average mounting lifting equipment import price amounted to $X per unit, which is down by -24.7% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 28% against the previous year. The import price peaked at $X per unit in 2020, and then declined remarkably in the following year.

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 Austria ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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