Romania: Metal-Reinforced Rubber Hose Market 2024

Metal-Reinforced Rubber Hose Market Size in Romania

In 2022, the Romanian metal-reinforced rubber hose market was finally on the rise to reach $X after two years of decline. Overall, consumption recorded a slight downturn. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Metal-Reinforced Rubber Hose Production in Romania

In value terms, metal-reinforced rubber hose production reduced to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 51%. Metal-reinforced rubber hose production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Metal-Reinforced Rubber Hose Exports

Exports from Romania

In 2022, the amount of rubber hose reinforced with metal exported from Romania declined sharply to X tons, with a decrease of -45.4% compared with 2021 figures. In general, exports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2013 with an increase of 32% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal-reinforced rubber hose exports shrank rapidly to $X in 2022. Overall, exports recorded a noticeable contraction. The growth pace was the most rapid in 2021 with an increase of 36%. As a result, the exports attained the peak of $X, and then contracted sharply in the following year.

Exports by Country

Italy (X tons) was the main destination for metal-reinforced rubber hose exports from Romania, accounting for a 59% share of total exports. Moreover, metal-reinforced rubber hose exports to Italy exceeded the volume sent to the second major destination, France (X tons), fivefold. The UK (X tons) ranked third in terms of total exports with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume to Italy amounted to -7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+189.2% per year) and the UK (+9.1% per year).

In value terms, Italy ($X) remains the key foreign market for rubber hose reinforced with metal exports from Romania, comprising 58% of total exports. The second position in the ranking was taken by France ($X), with a 12% share of total exports. It was followed by the UK, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value to Italy amounted to -7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+148.3% per year) and the UK (+8.4% per year).

Export Prices by Country

In 2022, the average metal-reinforced rubber hose export price amounted to $X per ton, almost unchanged from the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 27%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Metal-Reinforced Rubber Hose Imports

Imports into Romania

In 2022, approx. X tons of rubber hose reinforced with metal were imported into Romania; with an increase of 22% on the previous year. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.9% against 2020 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 38% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, metal-reinforced rubber hose imports reached $X in 2022. Overall, total imports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Italy (X tons), Turkey (X tons) and the Czech Republic (X tons) were the main suppliers of metal-reinforced rubber hose imports to Romania, together comprising 60% of total imports. Poland, Germany, China, Hungary and Spain lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +25.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal-reinforced rubber hose suppliers to Romania were Italy ($X), the Czech Republic ($X) and Poland ($X), with a combined 55% share of total imports.

Among the main suppliers, Poland, with a CAGR of +27.8%, 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 metal-reinforced rubber hose import price amounted to $X per ton, waning by -16.2% against the previous year. Over the period under review, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 18%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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