Romania: Motor Vehicle Engine Market 2025

Motor Vehicle Engine Market Size in Romania

In 2021, the Romanian motor vehicle engine market decreased by -4.3% to $X, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Motor vehicle engine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Motor Vehicle Engine Production in Romania

In value terms, motor vehicle engine production dropped sharply to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2018 when the production volume increased by 18%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Motor Vehicle Engine Exports

Exports from Romania

In 2021, shipments abroad of motor vehicle engines (spark-ignition) decreased by -11.3% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate a tangible expansion. The pace of growth was the most pronounced in 2013 with an increase of 142%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, motor vehicle engine exports rose remarkably to $X in 2021. Overall, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of 273%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for motor vehicle engine exports from Romania, accounting for a 45% share of total exports. Moreover, motor vehicle engine exports to Turkey exceeded the volume sent to the second major destination, Russia (X tons), threefold. France (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey amounted to +24.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-11.0% per year) and France (+15.1% per year).

In value terms, Turkey ($X) remains the key foreign market for motor vehicle engines (spark-ignition) exports from Romania, comprising 52% of total exports. The second position in the ranking was held by France ($X), with a 15% share of total exports. It was followed by Slovenia, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value to Turkey amounted to +30.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+25.1% per year) and Slovenia (+258.5% per year).

Export Prices by Country

The average motor vehicle engine export price stood at $X per ton in 2021, surging by 30% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, motor vehicle engine export price increased by +64.5% against 2015 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Vehicle Engine Imports

Imports into Romania

In 2021, imports of motor vehicle engines (spark-ignition) into Romania rose rapidly to X tons, with an increase of 8.5% against the previous year's figure. In general, imports, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2013 when imports increased by 100%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, motor vehicle engine imports surged to $X in 2021. Over the period under review, imports continue to indicate a pronounced increase. The growth pace was the most rapid in 2013 when imports increased by 123%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of motor vehicle engine to Romania, accounting for a 54% share of total imports. Moreover, motor vehicle engine imports from Spain exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. Mexico (X tons) ranked third in terms of total imports with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain amounted to -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+3.5% per year) and Mexico (+83.1% per year).

In value terms, Spain ($X) constituted the largest supplier of motor vehicle engines (spark-ignition) to Romania, comprising 70% of total imports. The second position in the ranking was taken by Turkey ($X), with a 15% share of total imports. It was followed by Mexico, with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+7.3% per year) and Mexico (+72.4% per year).

Import Prices by Country

The average motor vehicle engine import price stood at $X per ton in 2021, surging by 28% against the previous year. Over the period under review, the import price continues to indicate buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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