Romania: Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2021

Market Size for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Romania

The Romanian market for iron, steel or aluminium reservoirs, tanks, vats and similar containers soared to $X in 2020, jumping by X% against the previous year. Over the period under review, consumption, however, saw a perceptible setback. Iron, steel or aluminium reservoir consumption peaked at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Production of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Romania

In value terms, iron, steel or aluminium reservoir production totaled $X in 2020 estimated in export prices. Overall, production showed a abrupt decrease. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% against the previous year. Iron, steel or aluminium reservoir production peaked at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Exports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Exports from Romania

In 2020, the amount of iron, steel or aluminium reservoirs, tanks, vats and similar containers exported from Romania contracted notably to X tons, with a decrease of -X% compared with the previous year. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X tons in 2019, and then dropped notably in the following year.

In value terms, iron, steel or aluminium reservoir exports dropped rapidly to $X in 2020. Overall, exports continue to indicate a measured increase. The pace of growth appeared the most rapid in 2012 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at $X in 2019, and then contracted notably in the following year.

Exports by Country

Germany (X tons), Italy (X tons) and Slovenia (X tons) were the main destinations of iron, steel or aluminium reservoir exports from Romania, together accounting for X% of total exports. These countries were followed by Spain, the Netherlands, France, Moldova, Bulgaria, Russia, Egypt and Belgium, which together accounted for a further X 2007 to 2020, the biggest increases were in Russia, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for iron, steel or aluminium reservoir exports from Romania, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Slovenia, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Slovenia (+X% per year).

Export Prices by Country

In 2020, the average export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers amounted to $X per ton, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014 when the average export price increased by X% year-to-year. The export price peaked in 2020 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Belgium ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Moldova, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Imports into Romania

For the fourth year in a row, Romania recorded growth in supplies from abroad of iron, steel or aluminium reservoirs, tanks, vats and similar containers, which increased by X% to X tons in 2020. Over the period under review, imports recorded a relatively flat trend pattern. Imports peaked at X tons in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, iron, steel or aluminium reservoir imports surged to $X in 2020. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

Poland (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of iron, steel or aluminium reservoir imports to Romania, together comprising X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland, while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Italy ($X) were the largest iron, steel or aluminium reservoir suppliers to Romania, with a combined X% share of total imports.

Poland 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 2020, the average import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers amounted to $X per ton, falling by -X% against the previous year. In general, the import price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Bulgaria ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Bulgaria, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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