Romania: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in Romania

In 2021, after two years of growth, there was decline in the Romanian metal sawing machine market, when its value decreased by -3.3% to $X. In general, consumption saw a strong expansion. Metal sawing machine consumption peaked at $X in 2020, and then declined in the following year.

Metal Sawing Machine Exports

Exports from Romania

Metal sawing machine exports from Romania skyrocketed to X units in 2021, with an increase of 195% compared with the previous year's figure. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 451% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, metal sawing machine exports soared to $X in 2021. In general, exports posted a prominent expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 150%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Ukraine (X units), Moldova (X units) and Morocco (X units) were the main destinations of metal sawing machine exports from Romania, with a combined 73% share of total exports. These countries were followed by Bulgaria, Germany, the Netherlands and Iceland, which together accounted for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +34.6%), while the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X) remains the key foreign market for sawing or cutting-off machines for working metal exports from Romania, comprising 36% of total exports. The second position in the ranking was taken by Moldova ($X), with a 17% share of total exports. It was followed by Germany, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Morocco amounted to +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+10.1% per year) and Germany (+150.7% per year).

Export Prices by Country

The average metal sawing machine export price stood at $X per unit in 2021, shrinking by -41.1% against the previous year. Over the period under review, the export price faced a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 186% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Iceland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+16.3%), while the prices for the other major destinations experienced a decline.

Metal Sawing Machine Imports

Imports into Romania

In 2021, metal sawing machine imports into Romania soared to X units, with an increase of 16% compared with the previous year. In general, imports saw resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by 183%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, metal sawing machine imports reduced to $X in 2021. Overall, total imports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 88% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of metal sawing machine imports to Romania, together accounting for 60% of total imports. These countries were followed by the United States, Austria, Poland and Belgium, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +103.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of sawing or cutting-off machines for working metal to Romania, comprising 35% of total imports. The second position in the ranking was held by Italy ($X), with a 16% share of total imports. It was followed by Austria, with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.6% per year) and Austria (+6.9% per year).

Import Prices by Country

The average metal sawing machine import price stood at $X per unit in 2021, declining by -21.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2018 an increase of 96%. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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