Romania: Data Storage Device Market 2025

Data Storage Device Market Size in Romania

In 2022, the Romanian data storage device market increased by 6.1% to $X, rising for the second year in a row after three years of decline. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +66.7% against 2020 indices. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Data Storage Device Exports

Exports from Romania

After six years of growth, shipments abroad of data storage devices decreased by -4.1% to X units in 2022. In general, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 71%. Over the period under review, the exports hit record highs at X units in 2021, and then declined modestly in the following year.

In value terms, data storage device exports contracted to $X in 2022. Overall, exports, however, saw a remarkable increase. The growth pace was the most rapid in 2020 when exports increased by 155% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell in the following year.

Exports by Country

Italy (X units), France (X units) and Spain (X units) were the main destinations of data storage device exports from Romania, together accounting for 44% of total exports. The Czech Republic, Poland, Germany, the Netherlands, Bulgaria, Hungary, India, Greece, China and Hong Kong SAR lagged somewhat behind, together comprising a further 48%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +193.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for data storage device exported from Romania were Italy ($X), Spain ($X) and Germany ($X), together accounting for 45% of total exports. The Czech Republic, Poland, the Netherlands, France, Bulgaria, Hungary, Greece, China, India and Hong Kong SAR lagged somewhat behind, together accounting for a further 44%.

In terms of the main countries of destination, China, with a CAGR of +146.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average data storage device export price stood at $X per unit in 2022, reducing by -5.9% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, data storage device export price increased by +76.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 49% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to India ($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 Hungary (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Data Storage Device Imports

Imports into Romania

In 2022, approx. X units of data storage devices were imported into Romania; with an increase of 5.3% compared with the year before. In general, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 46% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, data storage device imports declined modestly to $X in 2022. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.1% 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 +83.5% against 2015 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. Imports peaked at $X in 2021, and then dropped modestly in the following year.

Imports by Country

The Netherlands (X units), Germany (X units) and Poland (X units) were the main suppliers of data storage device imports to Romania, together accounting for 55% of total imports. Turkey, China, France, Hong Kong SAR, Taiwan (Chinese), Hungary, Italy, the UK, Thailand and Portugal lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +122.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Poland ($X) appeared to be the largest data storage device suppliers to Romania, together accounting for 64% of total imports. China, Hungary, France, Thailand, Italy, Turkey, Hong Kong SAR, Taiwan (Chinese), the UK and Portugal lagged somewhat behind, together comprising a further 22%.

Among the main suppliers, Turkey, with a CAGR of +86.6%, 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 data storage device import price stood at $X per unit in 2022, which is down by -5.1% against the previous year. In general, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 17%. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, 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 Hungary ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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