Romania: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in Romania

In 2021, the Romanian steam blasting machine market increased by 5.9% to $X, rising for the third year in a row after three years of decline. The market value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Steam Blasting Machine Production in Romania

In value terms, steam blasting machine production declined to $X in 2021 estimated in export price. Overall, production, however, recorded a mild expansion. The growth pace was the most rapid in 2014 with an increase of 44%. Steam blasting machine production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Steam Blasting Machine Exports

Exports from Romania

In 2021, overseas shipments of steam or sand blasting machines and similar jet-projecting machines increased by 35% to X units, rising for the third consecutive year after four years of decline. Over the period under review, exports saw a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of 143% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, steam blasting machine exports soared to $X in 2021. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 128% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Canada (X units), Italy (X units) and the UK (X units) were the main destinations of steam blasting machine exports from Romania, with a combined 58% share of total exports. These countries were followed by Bulgaria, Hungary, Moldova, Finland, Ukraine, France, Germany, the Netherlands and Norway, which together accounted for a further 35%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +126.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for steam or sand blasting machines and similar jet-projecting machines exports from Romania, comprising 48% of total exports. The second position in the ranking was held by Canada ($X), with an 18% share of total exports. It was followed by the UK, with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy amounted to +64.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+20.7% per year) and the UK (+95.3% per year).

Export Prices by Country

In 2021, the average steam blasting machine export price amounted to $X per unit, declining by -3% against the previous year. Overall, the export price, however, showed resilient growth. The pace of growth appeared the most rapid in 2017 an increase of 35%. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Ukraine ($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 Singapore (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.

Steam Blasting Machine Imports

Imports into Romania

In 2021, overseas purchases of steam or sand blasting machines and similar jet-projecting machines were finally on the rise to reach X units after two years of decline. Overall, imports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2015 with an increase of 31%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, steam blasting machine imports skyrocketed to $X in 2021. In general, imports posted a measured expansion. The most prominent rate of growth was recorded in 2018 with an increase of 38%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of steam blasting machine imports to Romania, together comprising 79% of total imports. These countries were followed by Slovakia, Poland, Turkey, France, Austria and the United States, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +121.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Germany ($X) and China ($X) were the largest steam blasting machine suppliers to Romania, together comprising 63% of total imports.

Slovakia, with a CAGR of +196.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average steam blasting machine import price stood at $X per unit in 2021, with an increase of 2.9% against the previous year. Overall, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2019 an increase of 63% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in years to come.

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 Slovakia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+33.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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