Romania: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in Romania

In 2022, the Romanian market for mechanical appliances for projecting, dispersing or spraying decreased by -71.3% to $X, falling for the second consecutive year after five years of growth. In general, consumption showed a noticeable slump. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports from Romania

For the third consecutive year, Romania recorded growth in shipments abroad of mechanical appliances for projecting, dispersing or spraying, which increased by 181% to X units in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2017 with an increase of 224% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying surged to $X in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2013 when exports increased by 539% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

France (X units), Germany (X units) and Italy (X units) were the main destinations of exports of mechanical appliances for projecting, dispersing or spraying from Romania, together accounting for 70% of total exports. Spain, Greece, Poland, Bulgaria and Moldova lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +3,171.5%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Spain ($X) were the largest markets for mechanical appliances for projecting, dispersing or spraying exported from Romania worldwide, together accounting for 52% of total exports.

In terms of the main countries of destination, Spain, with a CAGR of +2,660.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for mechanical appliances for projecting, dispersing or spraying amounted to $X per unit, waning by -21.2% against the previous year. Over the period under review, the export price showed a mild slump. The growth pace was the most rapid in 2013 an increase of 146%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports into Romania

In 2022, after six years of growth, there was significant decline in overseas purchases of mechanical appliances for projecting, dispersing or spraying, when their volume decreased by -20.3% to X units. Overall, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by 36%. Over the period under review, imports of attained the peak figure at X units in 2021, and then shrank markedly in the following year.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying stood at $X in 2022. Over the period under review, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 47% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Italy (X units), Germany (X units) and Hungary (X units) were the main suppliers of imports of mechanical appliances for projecting, dispersing or spraying to Romania, with a combined 65% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +19.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mechanical appliances for projecting, dispersing or spraying suppliers to Romania were Germany ($X), Italy ($X) and Hungary ($X), with a combined 49% share of total imports. China, Poland, Croatia and the Czech Republic lagged somewhat behind, together accounting for a further 20%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +18.4%, saw the highest rates of growth with regard to 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

The average import price for mechanical appliances for projecting, dispersing or spraying stood at $X per unit in 2022, rising by 26% against the previous year. Over the period under review, the import price, however, showed a perceptible descent. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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