Romania: Sheet Piling Market 2024

Sheet Piling Market Size in Romania

The Romanian sheet piling market contracted rapidly to $X in 2021, falling by -17.1% against the previous year. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +23.0% against 2019 indices. Sheet piling consumption peaked at $X in 2020, and then contracted dramatically in the following year.

Sheet Piling Production in Romania

In value terms, sheet piling production shrank notably to $X in 2021 estimated in export price. Over the period under review, the total production indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +24.0% against 2019 indices. The growth pace was the most rapid in 2017 when the production volume increased by 74% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then reduced notably in the following year.

Sheet Piling Exports

Exports from Romania

In 2021, after two years of decline, there was significant growth in overseas shipments of sheet piling, shapes and sections (of iron or steel), when their volume increased by 40% to X tons. In general, exports showed a remarkable increase. The growth pace was the most rapid in 2018 with an increase of 57%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, sheet piling exports skyrocketed to $X in 2021. Over the period under review, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Sweden (X tons) and Bulgaria (X tons) were the main destinations of sheet piling exports from Romania, with a combined 50% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +141.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sheet piling exported from Romania were France ($X), Spain ($X) and Italy ($X), together comprising 52% of total exports. Sweden, Austria, Germany, Finland, Serbia and Bulgaria lagged somewhat behind, together accounting for a further 31%.

Sweden, with a CAGR of +139.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average sheet piling export price amounted to $X per ton, growing by 25% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 27%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Sheet Piling Imports

Imports into Romania

In 2021, purchases abroad of sheet piling, shapes and sections (of iron or steel) was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports enjoyed a moderate increase. The most prominent rate of growth was recorded in 2018 when imports increased by 236% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, sheet piling imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 159% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tons), the Czech Republic (X tons) and Austria (X tons) were the main suppliers of sheet piling imports to Romania, with a combined 63% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +88.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sheet piling suppliers to Romania were Poland ($X), the Czech Republic ($X) and Hungary ($X), together accounting for 56% of total imports.

Among the main suppliers, the Czech Republic, with a CAGR of +83.3%, saw the highest growth rate of 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 2021, the average sheet piling import price amounted to $X per ton, picking up by 3.8% against the previous year. In general, the import price, however, continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 54% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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