Romania: Market for Railway Or Tramway Track Construction Material Of Iron Or Steel 2025

Market Size for Railway Or Tramway Track Construction Material Of Iron Or Steel in Romania

The Romanian market for railway or tramway track construction material of iron or steel was finally on the rise to reach $X in 2021, after four years of decline. In general, consumption, however, continues to indicate a mild reduction. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Railway Or Tramway Track Construction Material Of Iron Or Steel in Romania

In value terms, production of railway or tramway track construction material of iron or steel stood at $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 32% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production of growth remained at a lower figure.

Exports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Exports from Romania

In 2021, the amount of railway or tramway track construction material of iron or steel exported from Romania skyrocketed to X tons, increasing by 50% on the year before. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2013 when exports increased by 545% against the previous year. Over the period under review, the exports of reached the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, exports of railway or tramway track construction material of iron or steel skyrocketed to $X in 2021. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 493%. Over the period under review, the exports of hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

Slovenia (X tons), India (X tons) and Egypt (X tons) were the main destinations of exports of railway or tramway track construction material of iron or steel from Romania, together accounting for 57% of total exports. These countries were followed by Croatia, Bulgaria, Chile, Turkey, Greece, Austria, Poland, Serbia and Morocco, which together accounted for a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +135.2%), while the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), India ($X) and Slovenia ($X) appeared to be the largest markets for iron and steel railway construction materials exported from Romania worldwide, with a combined 44% share of total exports. Chile, Turkey, Bulgaria, Croatia, Austria, Morocco, Greece, Poland and Serbia lagged somewhat behind, together accounting for a further 44%.

Croatia, with a CAGR of +125.0%, recorded the highest growth rate of the value of exports, in terms of 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 export price for railway or tramway track construction material of iron or steel stood at $X per ton in 2021, which is down by -9.4% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 16%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Imports into Romania

In 2021, imports of railway or tramway track construction material of iron or steel into Romania surged to X tons, increasing by 103% compared with 2020 figures. Over the period under review, imports, however, recorded a mild decrease. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, imports of railway or tramway track construction material of iron or steel skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Austria (X tons) constituted the largest supplier of iron and steel railway construction materials to Romania, accounting for a 68% share of total imports. Moreover, imports of railway or tramway track construction material of iron or steel from Austria exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Austria amounted to +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+4.3% per year) and Germany (-12.9% per year).

In value terms, Austria ($X) constituted the largest supplier of railway or tramway track construction material of iron or steel to Romania, comprising 68% of total imports. The second position in the ranking was taken by Poland ($X), with a 14% share of total imports. It was followed by Germany, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Austria totaled +15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+5.8% per year) and Germany (-5.1% per year).

Import Prices by Country

The average import price for railway or tramway track construction material of iron or steel stood at $X per ton in 2021, reducing by -21.6% against the previous year. Overall, the import price, however, enjoyed a measured expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 49%. The import price peaked at $X per ton in 2020, and then contracted markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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