Romania: Mounted Piezo-Electric Crystals Market 2024

Mounted Piezo-Electric Crystals Market Size in Romania

The Romanian mounted piezo-electric crystals market was estimated at $X in 2021, picking up by 8.6% 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). Overall, consumption, however, showed a prominent expansion. Over the period under review, the market reached the peak level in 2021 and is likely to see steady growth in the immediate term.

Mounted Piezo-Electric Crystals Exports

Exports from Romania

In 2021, the amount of mounted piezo-electric crystals exported from Romania soared to X units, increasing by 227% on the previous year. In general, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2014 when exports increased by 263% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, mounted piezo-electric crystals exports skyrocketed to $X in 2021. Over the period under review, exports saw a pronounced expansion. The pace of growth was the most pronounced in 2019 with an increase of 251%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units), the UK (X units) and Italy (X units) were the main destinations of mounted piezo-electric crystals exports from Romania, together accounting for 58% of total exports. These countries were followed by China, the Netherlands, Hungary, the United States, Hong Kong SAR and Tunisia, which together accounted for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +94.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mounted piezo-electric crystals exported from Romania were China ($X), Germany ($X) and Hungary ($X), together accounting for 59% of total exports. Italy, the UK, the Netherlands, the United States, Hong Kong SAR and Tunisia lagged somewhat behind, together accounting for a further 20%.

Among the main countries of destination, the Netherlands, with a CAGR of +100.2%, recorded the highest growth rate of 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

The average mounted piezo-electric crystals export price stood at $X per thousand units in 2021, with a decrease of -36.6% against the previous year. In general, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices reached the maximum at $X per thousand units in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was China ($X per thousand units), while the average price for exports to the UK ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Piezo-Electric Crystals Imports

Imports into Romania

After three years of growth, purchases abroad of mounted piezo-electric crystals decreased by -5.4% to X units in 2021. Overall, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2015 when imports increased by 106%. Imports peaked at X units in 2020, and then dropped in the following year.

In value terms, mounted piezo-electric crystals imports surged to $X in 2021. In general, imports, however, showed a strong expansion. The pace of growth was the most pronounced in 2015 when imports increased by 99% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of mounted piezo-electric crystals to Romania, accounting for a 43% share of total imports. Moreover, mounted piezo-electric crystals imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The Netherlands (X units) ranked third in terms of total imports with an 18% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.3% per year) and the Netherlands (+62.0% per year).

In value terms, Germany ($X) constituted the largest supplier of mounted piezo-electric crystals to Romania, comprising 47% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 15% share of total imports. It was followed by China, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+47.3% per year) and China (+26.9% per year).

Import Prices by Country

The average mounted piezo-electric crystals import price stood at $X per thousand units in 2021, rising by 46% against the previous year. In general, the import price, however, continues to indicate a mild decline. The import price peaked at $X per thousand units in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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