Romania: Scrapers Excavator Market 2024

Scrapers Excavator Market Size in Romania

In 2022, the Romanian scrapers excavator market decreased by -20.6% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption continues to indicate a perceptible descent. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Scrapers Excavator Exports

Exports from Romania

In 2022, overseas shipments of scrapers earth moving, excavating, extracting machinery (not self-propelled) decreased by -37.8% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2016 when exports increased by 2,438% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, scrapers excavator exports fell modestly to $X in 2022. In general, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 1,642% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Hungary (X units) was the main destination for scrapers excavator exports from Romania, accounting for a 73% share of total exports. Moreover, scrapers excavator exports to Hungary exceeded the volume sent to the second major destination, Albania (X units), threefold. The third position in this ranking was taken by Moldova (X units), with a 1.8% share.

From 2012 to 2022, the average annual growth rate of volume to Hungary amounted to -6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (0.0% per year) and Moldova (-21.3% per year).

In value terms, Hungary ($X) remains the key foreign market for scrapers earth moving, excavating, extracting machinery (not self-propelled) exports from Romania, comprising 92% of total exports. The second position in the ranking was taken by Albania ($X), with a 3% share of total exports. It was followed by Slovakia, with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Hungary totaled -8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (0.0% per year) and Slovakia (-26.9% per year).

Export Prices by Country

The average scrapers excavator export price stood at $X per unit in 2022, with an increase of 54% against the previous year. Over the period under review, the export price, however, saw a mild shrinkage. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Albania ($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 Italy (+4.7%), while the prices for the other major destinations experienced a decline.

Scrapers Excavator Imports

Imports into Romania

In 2022, purchases abroad of scrapers earth moving, excavating, extracting machinery (not self-propelled) decreased by -23.6% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a deep downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 421%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, scrapers excavator imports shrank rapidly to $X in 2022. Over the period under review, imports recorded a noticeable slump. The pace of growth was the most pronounced in 2014 when imports increased by 502% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X units), Turkey (X units) and Italy (X units) were the main suppliers of scrapers excavator imports to Romania, with a combined 51% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +45.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest scrapers excavator suppliers to Romania were Germany ($X), Turkey ($X) and Italy ($X), together accounting for 44% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +62.2%, 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

The average scrapers excavator import price stood at $X per unit in 2022, remaining stable against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, scrapers excavator import price decreased by -4.1% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 33% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+31.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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