Romania: Moulds For Metal Market 2024

Moulds For Metal Market Size in Romania

In 2022, the Romanian moulds for metal market decreased by -10.3% to $X, falling for the fifth consecutive year after two years of growth. Overall, consumption continues to indicate a noticeable shrinkage. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Moulds For Metal Production in Romania

In value terms, moulds for metal production soared to $X in 2022 estimated in export price. In general, production saw a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of 18% against the previous year. Moulds for metal production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Moulds For Metal Exports

Exports from Romania

In 2022, shipments abroad of moulds for metals increased by 30% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2021 when exports increased by 53% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, moulds for metal exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2021 when exports increased by 45%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons), Germany (X tons) and Turkey (X tons) were the main destinations of moulds for metal exports from Romania, with a combined 93% share of total exports. India lagged somewhat behind, comprising a further 3.9%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +98.9%), while the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Germany ($X) and Turkey ($X) appeared to be the largest markets for moulds for metal exported from Romania worldwide, together accounting for 92% of total exports. These countries were followed by India, which accounted for a further 0.7%.

In terms of the main countries of destination, India, with a CAGR of +148.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average moulds for metal export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, moulds for metal export price decreased by -4.8% against 2020 indices. The growth pace was the most rapid in 2019 when the average export price increased by 59%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.

Moulds For Metal Imports

Imports into Romania

In 2022, purchases abroad of moulds for metals increased by 2.7% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, imports, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2014 with an increase of 50% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, moulds for metal imports expanded slightly to $X in 2022. Overall, imports, however, saw a pronounced descent. The growth pace was the most rapid in 2017 with an increase of 36%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X tons), Italy (X tons) and China (X tons) were the main suppliers of moulds for metal imports to Romania, together accounting for 88% of total imports. France, Spain, Germany and Austria lagged somewhat behind, together accounting for a further 6.5%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +5.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest moulds for metal suppliers to Romania were Italy ($X), China ($X) and Turkey ($X), with a combined 74% share of total imports.

China, with a CAGR of +4.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average moulds for metal import price amounted to $X per ton, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 24% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform