Romania: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Romania

The Romanian metal deburring machine market reduced sharply to $X in 2021, waning by -57.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a deep downturn. Metal deburring machine consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Metal Deburring Machine Exports

Exports from Romania

In 2021, approx. X units of machines for deburring or polishing metal were exported from Romania; rising by 468% against 2020. In general, exports enjoyed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal deburring machine exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2019 when exports increased by 231% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

North Macedonia (X units) was the main destination for metal deburring machine exports from Romania, with a 48% share of total exports. Moreover, metal deburring machine exports to North Macedonia exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was held by India (X units), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to North Macedonia stood at +112.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+62.7% per year) and India (+1.4% per year).

In value terms, India ($X), Germany ($X) and North Macedonia ($X) constituted the largest markets for metal deburring machine exported from Romania worldwide, together accounting for 68% of total exports. These countries were followed by Spain, Norway, Vietnam, Moldova, Bulgaria and Oman, which together accounted for a further 14%.

Spain, with a CAGR of +372.4%, saw the highest rates of growth with regard to 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

In 2021, the average metal deburring machine export price amounted to $X per unit, shrinking by -75.4% against the previous year. Overall, the export price continues to indicate a sharp slump. The pace of growth was the most pronounced in 2016 when the average export price increased by 21%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was India ($X per unit), while the average price for exports to Oman ($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 the United States (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports into Romania

In 2021, the amount of machines for deburring or polishing metal imported into Romania reduced rapidly to X units, waning by -38.6% on the previous year. Over the period under review, imports, however, saw modest growth. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, metal deburring machine imports fell markedly to $X in 2021. Overall, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by 116% against the previous year. As a result, imports reached the peak of $X, and then shrank dramatically in the following year.

Imports by Country

In 2021, China (X units) constituted the largest metal deburring machine supplier to Romania, accounting for a 50% share of total imports. Moreover, metal deburring machine imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold. The United States (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +24.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+21.1% per year) and the United States (+71.0% per year).

In value terms, Germany ($X), the United States ($X) and China ($X) constituted the largest metal deburring machine suppliers to Romania, together comprising 65% of total imports.

In terms of the main suppliers, the United States, with a CAGR of +102.8%, saw 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 metal deburring machine import price amounted to $X per unit, reducing by -29.1% against the previous year. Over the period under review, the import price showed a abrupt downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 39%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+19.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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