Romania - Braces, Suspenders And Garters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBraces and Garters Price in Romania - 2023
Contents:
- Braces and Garters Price in Romania (FOB) - 2023
- Braces and Garters Price in Romania (CIF) - 2023
- Braces and Garters Exports in Romania
- Braces and Garters Imports in Romania
Braces and Garters Price in Romania (FOB) - 2023
In June 2023, the average braces and garters export price amounted to $4.3 per unit, remaining relatively unchanged against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.3%. The pace of growth appeared the most rapid in January 2023 an increase of 36% m-o-m. Over the period under review, the average export prices hit record highs at $4.3 per unit in May 2023, and then shrank slightly in the following month.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Germany ($6.1 per unit), while the average price for exports to France ($3.8 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Braces and Garters Price in Romania (CIF) - 2023
The average braces and garters import price stood at $4.7 per unit in June 2023, waning by -11.1% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 63% m-o-m. As a result, import price reached the peak level of $5.6 per unit. From March 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($9.8 per unit), while the price for China ($1.7 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Braces and Garters Exports in Romania
In 2022, after three years of growth, there was significant decline in overseas shipments of braces, suspenders and garters, when their volume decreased by -17.4% to 2.2M units. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 64% against the previous year. Over the period under review, the exports reached the peak figure at 2.7M units in 2021, and then declined dramatically in the following year.
In value terms, braces and garters exports contracted dramatically to $6.9M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 71% against the previous year. The exports peaked at $8.9M in 2021, and then reduced remarkably in the following year.
Export of Braces and Garters in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 3.5 | 5.7 | 6.6 | 5.5 | 16.3% |
Germany | 0.6 | 0.6 | 0.6 | 0.7 | 5.3% |
Others | 0.3 | 1.3 | 1.7 | 0.7 | 32.6% |
Total | 4.4 | 7.6 | 8.9 | 6.9 | 16.2% |
Top Export Markets for Braces and Garters from Romania in 2022:
- France (1960.6K units)
- Germany (95.5K units)
Braces and Garters Imports in Romania
In 2022, supplies from abroad of braces, suspenders and garters was finally on the rise to reach 1.3M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a noticeable downturn. Over the period under review, imports reached the peak figure at 1.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, braces and garters imports surged to $4.1M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Braces and Garters in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 633 | 996 | 657 | 1,184 | 23.2% |
Poland | 407 | 350 | 444 | 644 | 16.5% |
China | 836 | 476 | 400 | 480 | -16.9% |
Hungary | 321 | 159 | 202 | 467 | 13.3% |
Italy | 400 | 222 | 358 | 316 | -7.6% |
France | 206 | 289 | 193 | 271 | 9.6% |
Hong Kong SAR | 2.3 | N/A | 216 | 178 | 326.2% |
Turkey | 115 | 74.2 | 92.4 | 109 | -1.8% |
Others | 558 | 465 | 695 | 481 | -4.8% |
Total | 3,479 | 3,030 | 3,257 | 4,132 | 5.9% |
Top Suppliers of Braces and Garters to Romania in 2022:
- Germany (528.6K units)
- China (216.6K units)
- Poland (124.9K units)
- France (112.0K units)
- Hong Kong SAR (62.8K units)
- Italy (47.9K units)
- Turkey (44.3K units)
- Hungary (43.9K units)
This report provides an in-depth analysis of the braces and garters market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 14142570 - Braces, suspenders, garters and similar articles and parts thereof
Country coverage:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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