Romania: Non-Hydraulic Press Market 2024

Non-Hydraulic Press Market Size in Romania

The Romanian non-hydraulic press market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, showed a pronounced contraction. Non-hydraulic press consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Non-Hydraulic Press Production in Romania

In value terms, non-hydraulic press production fell notably to $X in 2021 estimated in export price. In general, production showed a dramatic slump. The pace of growth appeared the most rapid in 2013 with an increase of 0.7% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Non-Hydraulic Press Exports

Exports from Romania

In 2021, overseas shipments of non-hydraulic presses for working metal increased by 52% to X units, rising for the second consecutive year after two years of decline. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 800% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, non-hydraulic press exports fell slightly to $X in 2021. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2017 with an increase of 865%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Hungary (X units), the United States (X units) and Ukraine (X units) were the main destinations of non-hydraulic press exports from Romania, together comprising 78% of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +205.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-hydraulic press exported from Romania were Ukraine ($X), Moldova ($X) and Hungary ($X), with a combined 53% share of total exports.

Ukraine, with a CAGR of +129.7%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-hydraulic press export price stood at $X per unit in 2021, which is down by -36.6% against the previous year. In general, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 192%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+51.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Hydraulic Press Imports

Imports into Romania

In 2021, supplies from abroad of non-hydraulic presses for working metal was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports showed strong growth. The pace of growth was the most pronounced in 2018 with an increase of 309% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, non-hydraulic press imports surged to $X in 2021. Over the period under review, imports recorded a measured increase. The most prominent rate of growth was recorded in 2017 when imports increased by 94% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest non-hydraulic press supplier to Romania, with a 65% share of total imports. Moreover, non-hydraulic press imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The third position in this ranking was taken by the Netherlands (X units), with a 4.9% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +64.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.5% per year) and the Netherlands (+64.6% per year).

In value terms, the largest non-hydraulic press suppliers to Romania were China ($X), Italy ($X) and South Korea ($X), together accounting for 74% of total imports.

South Korea, with a CAGR of +106.3%, 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 2021, the average non-hydraulic press import price amounted to $X per unit, rising by 22% against the previous year. Overall, the import price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 416% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+51.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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