Romania: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Romania

In 2021, the Romanian filling containers machinery market decreased by -47.2% to $X for the first time since 2015, thus ending a five-year rising trend. Over the period under review, consumption, however, continues to indicate a tangible expansion. Over the period under review, the market hit record highs at $X in 2020, and then shrank dramatically in the following year.

Filling Containers Machinery Production in Romania

In value terms, filling containers machinery production amounted to $X in 2021 estimated in export price. Over the period under review, production faced a dramatic setback. The pace of growth appeared the most rapid in 2018 with a decrease of -18.1% against the previous year. Filling containers machinery production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Filling Containers Machinery Exports

Exports from Romania

Filling containers machinery exports from Romania skyrocketed to X units in 2021, jumping by 347% against 2020 figures. Overall, exports continue to indicate a buoyant increase. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, filling containers machinery exports surged to $X in 2021. In general, exports enjoyed a measured increase. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Albania (X units), Moldova (X units) and the UK (X units) were the main destinations of filling containers machinery exports from Romania, together comprising 95% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Albania (with a CAGR of +1,383.8%), while the other leaders experienced more modest paces of growth.

In value terms, Moldova ($X), Albania ($X) and the UK ($X) appeared to be the largest markets for filling containers machinery exported from Romania worldwide, with a combined 84% share of total exports.

Albania, with a CAGR of +1,867.3%, saw the highest growth rate of the value of exports, in terms of 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

The average filling containers machinery export price stood at $X per unit in 2021, which is down by -33.3% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2020 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to Albania ($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 Albania (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.

Filling Containers Machinery Imports

Imports into Romania

Filling containers machinery imports into Romania shrank rapidly to X units in 2021, which is down by -42% on 2020 figures. Over the period under review, imports, however, enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 101% against the previous year. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, filling containers machinery imports dropped remarkably to $X in 2021. Overall, imports, however, continue to indicate a moderate increase. The pace of growth appeared the most rapid in 2013 when imports increased by 60% against the previous year. Imports peaked at $X in 2020, and then shrank remarkably in the following year.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of filling containers machinery to Romania, with a 36% share of total imports. Moreover, filling containers machinery imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by Italy (X units), with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.6% per year) and Italy (+9.9% per year).

In value terms, the largest filling containers machinery suppliers to Romania were Germany ($X), Italy ($X) and France ($X), together comprising 74% of total imports. These countries were followed by China, Sweden, Spain and Turkey, which together accounted for a further 17%.

Among the main suppliers, Sweden, with a CAGR of +36.4%, recorded the highest growth rate of the value of imports, 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 filling containers machinery import price amounted to $X per unit, increasing by 8.1% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 59% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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