Romania: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Romania

The Romanian market for non-domestic percolators and equipment for cooking or heating food fell modestly to $X in 2022, shrinking by -1.9% against the previous year. Over the period under review, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.3% 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 +19.3% against 2020 indices. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Romania

In value terms, production of non-domestic percolators and equipment for cooking or heating food fell to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 47% against the previous year. Over the period under review, production of reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Romania

For the fourth year in a row, Romania recorded growth in overseas shipments of non-domestic percolators and equipment for cooking or heating food, which increased by 19% to X units in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 171%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food surged to $X in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 150%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Italy (X units) was the main destination for exports of non-domestic percolators and equipment for cooking or heating food from Romania, with a 76% share of total exports. Moreover, exports of non-domestic percolators and equipment for cooking or heating food to Italy exceeded the volume sent to the second major destination, the Netherlands (X units), more than tenfold. The Czech Republic (X units) ranked third in terms of total exports with a 4.4% share.

From 2012 to 2022, the average annual growth rate of volume to Italy amounted to +44.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+128.1% per year) and the Czech Republic (+18.5% per year).

In value terms, Italy ($X) remains the key foreign market for non-domestic percolators and equipment for cooking or heating food exports from Romania, comprising 80% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 4.6% share of total exports. It was followed by Kazakhstan, with a 2.4% share.

From 2012 to 2022, the average annual growth rate of value to Italy stood at +48.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+21.7% per year) and Kazakhstan (+72.2% per year).

Export Prices by Country

In 2022, the average export price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, increasing by 28% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price 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, export price for non-domestic percolators and equipment for cooking or heating food increased by +64.2% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 29% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per unit), while the average price for exports to the Netherlands ($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 Kazakhstan (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Romania

In 2022, supplies from abroad of non-domestic percolators and equipment for cooking or heating food increased by 15% to X units, rising for the eighth consecutive year after two years of decline. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 40%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food expanded sharply to $X in 2022. Over the period under review, imports enjoyed a strong expansion. The growth pace was the most rapid in 2017 when imports increased by 47% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

Italy (X units), Germany (X units) and China (X units) were the main suppliers of imports of non-domestic percolators and equipment for cooking or heating food to Romania, with a combined 62% share of total imports. Turkey, Poland, France, Slovakia, the Netherlands, Switzerland, Spain, Austria, the UK and Sweden lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +47.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and China ($X) constituted the largest non-domestic percolators and equipment for cooking or heating food suppliers to Romania, with a combined 63% share of total imports. Turkey, Poland, France, Slovakia, the Netherlands, Switzerland, Spain, Austria, the UK and Sweden lagged somewhat behind, together accounting for a further 32%.

In terms of the main suppliers, Slovakia, with a CAGR of +45.4%, recorded 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

In 2022, the average import price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, reducing by -1.8% against the previous year. Overall, the import price continues to indicate a slight downturn. The growth pace was the most rapid in 2014 an increase of 50%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($X per unit) and Italy ($X per unit), while the price for Sweden ($X per unit) and Switzerland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform