Romania: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in Romania

The Romanian cable-making machine market reduced to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption showed a pronounced reduction. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Cable-Making Machine Production in Romania

In value terms, cable-making machine production dropped to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Cable-Making Machine Exports

Exports from Romania

In 2022, exports of rope or cable-making machines from Romania dropped to X units, with a decrease of X% compared with 2021. Over the period under review, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, cable-making machine exports reduced markedly to $X in 2022. Overall, exports faced a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Tunisia (X units), Moldova (X units) and Morocco (X units) were the main destinations of cable-making machine exports from Romania, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tunisia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cable-making machine exported from Romania were Serbia ($X), Austria ($X) and Tunisia ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Tunisia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cable-making machine export price amounted to $X per unit, reducing by X% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($X per unit), while the average price for exports to France ($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 Serbia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cable-Making Machine Imports

Imports into Romania

In 2022, cable-making machine imports into Romania amounted to X units, approximately equating the previous year. Overall, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, cable-making machine imports surged to $X in 2022. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X units), Germany (X units) and Turkey (X units) were the main suppliers of cable-making machine imports to Romania, with a combined X% share of total imports. Belgium, China, Slovenia, Morocco and France lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest cable-making machine suppliers to Romania were Italy ($X), Germany ($X) and Turkey ($X), with a combined X% share of total imports. Belgium, China, Morocco, Slovenia and France lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Belgium, with a CAGR of X%, 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 cable-making machine import price amounted to $X per unit, increasing by X% against the previous year. Overall, the import price showed a slight expansion. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 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 ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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