Romania: Market for Toothed wheels, chain sprockets and other transmission elements 2025

Market Size for Toothed wheels, chain sprockets and other transmission elements in Romania

After two years of decline, the Romanian market for toothed wheels, chain sprockets and other transmission elements increased by 34% to $X in 2021. Over the period under review, consumption saw a strong increase. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Toothed wheels, chain sprockets and other transmission elements in Romania

In value terms, production of toothed wheels, chain sprockets and other transmission elements reduced to $X in 2021 estimated in export price. Overall, production enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by 431% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Toothed wheels, chain sprockets and other transmission elements

Exports from Romania

In 2021, shipments abroad of toothed wheels, chain sprockets and other transmission elements was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 22%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of toothed wheels, chain sprockets and other transmission elements rose significantly to $X in 2021. Overall, total exports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -9.3% against 2018 indices. The pace of growth was the most pronounced in 2017 with an increase of 34% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for exports of toothed wheels, chain sprockets and other transmission elements from Romania, accounting for a 41% share of total exports. Moreover, exports of toothed wheels, chain sprockets and other transmission elements to Germany exceeded the volume sent to the second major destination, Belgium (X tons), fourfold. The Czech Republic (X tons) ranked third in terms of total exports with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-3.6% per year) and the Czech Republic (-6.5% per year).

In value terms, Germany ($X) remains the key foreign market for toothed wheels, chain sprockets and other transmission elements exports from Romania, comprising 42% of total exports. The second position in the ranking was held by Belgium ($X), with a 12% share of total exports. It was followed by Hungary, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-0.0% per year) and Hungary (+67.4% per year).

Export Prices by Country

The average export price for toothed wheels, chain sprockets and other transmission elements stood at $X per ton in 2021, remaining relatively unchanged against the previous year. In general, export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for toothed wheels, chain sprockets and other transmission elements increased by +61.1% against 2015 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 20%. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to India ($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 Lithuania (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Toothed wheels, chain sprockets and other transmission elements

Imports into Romania

In 2021, after two years of decline, there was significant growth in overseas purchases of toothed wheels, chain sprockets and other transmission elements, when their volume increased by 57% to X tons. In general, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +9.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of toothed wheels, chain sprockets and other transmission elements skyrocketed to $X in 2021. Overall, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of 52%. Over the period under review, imports of hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), France (X tons) and China (X tons) were the main suppliers of imports of toothed wheels, chain sprockets and other transmission elements to Romania, with a combined 82% share of total imports. Italy, India, Switzerland and Lithuania lagged somewhat behind, together comprising a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +71.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest toothed wheels, chain sprockets and other transmission elements suppliers to Romania were Germany ($X), France ($X) and China ($X), together comprising 71% of total imports. Italy, Switzerland, India and Lithuania lagged somewhat behind, together comprising a further 14%.

Among the main suppliers, India, with a CAGR of +73.1%, 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

In 2021, the average import price for toothed wheels, chain sprockets and other transmission elements amounted to $X per ton, with a decrease of -17.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 20%. The import price peaked at $X per ton in 2020, and then contracted significantly in the following year.

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 Italy ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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