Romania: Market for Turbo-Propellers Of A Power Not Exceeding 1,100 kW 2024

Market Size for Turbo-Propellers Of A Power Not Exceeding 1,100 kW in Romania

The Romanian turbo-propeller (under X kW) market totaled $X in 2022, increasing by X% against the previous year. Overall, the total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Turbo-Propellers Of A Power Not Exceeding X kW in Romania

In value terms, turbo-propeller (under X kW) production rose remarkably to $X in 2022 estimated in export price. In general, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Exports from Romania

In 2022, shipments abroad of turbo-propellers of a power not exceeding X kW decreased by X% to X units, falling for the second consecutive year after two years of decline. In general, exports recorded a drastic downturn. The smallest decline of X% was in 2019. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, turbo-propeller (under X kW) exports amounted to $X in 2022. Overall, exports showed a drastic downturn. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Hungary (X units) was the main destination for turbo-propeller (under X kW) exports from Romania, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Hungary was relatively modest.

From 2012 to 2022, the average annual rate of growth in terms of value to Hungary was relatively modest.

Export Prices by Country

The average turbo-propeller (under X kW) export price stood at $X per unit in 2022, standing approx. at the previous year. In general, the export price showed a noticeable downturn. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Hungary.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Imports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Imports into Romania

In 2022, the amount of turbo-propellers of a power not exceeding X kW imported into Romania stood at X units, remaining stable against the previous year. Overall, imports continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, turbo-propeller (under X kW) imports reduced sharply to $X in 2022. Over the period under review, imports recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Hungary (X units), China (X units) and Germany (X units) were the main suppliers of turbo-propeller (under X kW) imports to Romania, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of turbo-propellers of a power not exceeding X kW to Romania, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Hungary (X% per year).

Import Prices by Country

The average turbo-propeller (under X kW) import price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the import price faced a significant decline. The pace of growth appeared the most rapid in 2020 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat 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 Germany ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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