Report Update Nov 1, 2024

Romania - Metal Cutting Shears and Similar Hand Tools - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Romania: Metal Cutting Shear Market 2024

Metal Cutting Shear Market Size in Romania

The Romanian metal cutting shear market declined significantly to $X in 2022, which is down by -22.5% against the previous year. Overall, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +70.6% against 2020 indices. As a result, consumption attained the peak level of $X, and then shrank sharply in the following year.

Metal Cutting Shear Production in Romania

In value terms, metal cutting shear production dropped remarkably to $X in 2022 estimated in export price. In general, production saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 141%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Metal Cutting Shear Exports

Exports from Romania

In 2022, shipments abroad of metal cutting shears and similar hand tools increased by 15% to X tons, rising for the second year in a row after two years of decline. In general, exports saw resilient growth. The growth pace was the most rapid in 2016 when exports increased by 88% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, metal cutting shear exports soared to $X in 2022. Over the period under review, exports enjoyed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for metal cutting shear exports from Romania, with a approx. 98% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +10.5%.

In value terms, Germany ($X) also remains the key foreign market for metal cutting shears and similar hand tools exports from Romania.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +10.6%.

Export Prices by Country

The average metal cutting shear export price stood at $X per ton in 2022, picking up by 25% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +0.1% per year.

Metal Cutting Shear Imports

Imports into Romania

In 2022, approx. X tons of metal cutting shears and similar hand tools were imported into Romania; with an increase of 6.4% against the previous year's figure. Over the period under review, imports recorded prominent growth. The pace of growth was the most pronounced in 2015 with an increase of 28%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, metal cutting shear imports totaled $X in 2022. In general, imports posted a remarkable increase. The growth pace was the most rapid in 2018 with an increase of 41%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Vietnam (X tons), China (X tons) and Poland (X tons) were the main suppliers of metal cutting shear imports to Romania, with a combined 77% 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 Vietnam (with a CAGR of +163.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Vietnam ($X) appeared to be the largest metal cutting shear suppliers to Romania, together accounting for 69% of total imports.

Vietnam, with a CAGR of +133.7%, 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 2022, the average metal cutting shear import price amounted to $X per ton, with an increase of 7.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2013 when the average import price increased by 25% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for metal cutting shears and similar hand tools in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 39% share of global consumption. These countries were followed by Japan, Taiwan Chinese), Germany, Russia, Pakistan, the UK, Mexico, South Korea, Italy and Spain, which together accounted for a further 32%.

What are the largest producers of metal cutting shears and similar hand tools in the world?

China constituted the country with the largest volume of metal cutting shear production, comprising approx. 47% of total volume. Moreover, metal cutting shear production in China exceeded the figures recorded by the second-largest producer, India, fivefold. Taiwan Chinese) ranked third in terms of total production with a 5.8% share.

What are the leading suppliers of metal cutting shears and similar hand tools to Romania?

In value terms, the largest metal cutting shear suppliers to Romania were Poland, Germany and China, with a combined 64% share of total imports. These countries were followed by Vietnam, Austria and Bulgaria, which together accounted for a further 23%.

What are the leading importers of metal cutting shears and similar hand tools from Romania?

In value terms, Germany remains the key foreign market for metal cutting shear exports from Romania.

What is the average export price for metal cutting shears and similar hand tools in Romania?

The average metal cutting shear export price stood at $6,730 per ton in 2021, increasing by 9% against the previous year.

What is the average import price for metal cutting shears and similar hand tools in Romania?

In 2021, the average metal cutting shear import price amounted to $7,238 per ton, rising by 16% against the previous year.

This report provides an in-depth analysis of the metal cutting shear market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25733023 - Metal cutting shears and similar hand tools

Country coverage:

Romania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Romania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023