Romania: Market for Pulley Tackle And Hoists Powered By An Electric Motor 2025

Market Size for Pulley Tackle And Hoists Powered By An Electric Motor in Romania

The Romanian market for pulley tackle and hoists powered by an electric motor declined remarkably to $X in 2022, which is down by -32% 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). Over the period under review, consumption, however, continues to indicate a measured expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Exports of Pulley Tackle And Hoists Powered By An Electric Motor

Exports from Romania

After two years of decline, overseas shipments of pulley tackle and hoists powered by an electric motor increased by 972% to X units in 2022. Over the period under review, exports enjoyed a strong increase. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of pulley tackle and hoists powered by an electric motor soared to $X in 2022. In general, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 1,461%. Over the period under review, the exports of reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X units) was the main destination for exports of pulley tackle and hoists powered by an electric motor from Romania, accounting for a 91% share of total exports. Moreover, exports of pulley tackle and hoists powered by an electric motor to Italy exceeded the volume sent to the second major destination, France (X units), more than tenfold. The third position in this ranking was taken by Bulgaria (X units), with a 1% share.

From 2012 to 2022, the average annual growth rate of volume to Italy totaled +123.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+39.5% per year) and Bulgaria (-31.9% per year).

In value terms, the largest markets for pulley tackle and hoists powered by an electric motor exported from Romania were Italy ($X), France ($X) and Bulgaria ($X), together accounting for 99% of total exports.

Among the main countries of destination, Italy, with a CAGR of +60.0%, saw 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

The average export price for pulley tackle and hoists powered by an electric motor stood at $X per unit in 2022, which is down by -87.5% against the previous year. Overall, the export price saw a significant contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 167%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Italy ($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 the UK (+317.1%), while the prices for the other major destinations experienced a decline.

Imports of Pulley Tackle And Hoists Powered By An Electric Motor

Imports into Romania

In 2022, imports of pulley tackle and hoists powered by an electric motor into Romania dropped remarkably to X units, with a decrease of -28.4% against the previous year's figure. Over the period under review, imports, however, recorded perceptible growth. The pace of growth appeared the most rapid in 2017 when imports increased by 76%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of pulley tackle and hoists powered by an electric motor fell dramatically to $X in 2022. Overall, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 109% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of pulley tackle and hoists powered by an electric motor to Romania, with a 35% share of total imports. Moreover, imports of pulley tackle and hoists powered by an electric motor from China exceeded the figures recorded by the second-largest supplier, Belgium (X units), twofold. The third position in this ranking was taken by Germany (X units), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+70.4% per year) and Germany (-1.9% per year).

In value terms, the largest pulley tackle and hoists powered by an electric motor suppliers to Romania were Germany ($X), Italy ($X) and China ($X), with a combined 62% share of total imports. Bulgaria, Belgium, Poland and Austria lagged somewhat behind, together accounting for a further 9.8%.

Among the main suppliers, Belgium, with a CAGR of +70.8%, recorded the highest growth rate of 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 pulley tackle and hoists powered by an electric motor amounted to $X per unit, with an increase of 9% against the previous year. Overall, the import price saw a measured expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 94% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+83.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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