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Romania - Multimeters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultimeter Price in Romania - 2023
Contents:
- Multimeter Price in Romania (FOB) - 2023
- Multimeter Price in Romania (CIF) - 2023
- Multimeter Exports in Romania
- Multimeter Imports in Romania
Multimeter Price in Romania (FOB) - 2023
In June 2023, the average multimeter export price amounted to $16.9 per unit, growing by 4.3% against the previous month. Over the period under review, the export price showed a slight expansion. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 24% against the previous month. The export price peaked at $18.1 per unit in February 2023; however, from March 2023 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Poland ($39.8 per unit), while the average price for exports to Portugal ($14.1 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 the Czech Republic (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Multimeter Price in Romania (CIF) - 2023
In June 2023, the average multimeter import price amounted to $25.9 per unit, declining by -6.7% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in April 2023 an increase of 22% month-to-month. Over the period under review, average import prices reached the peak figure at $28.8 per unit in January 2023; however, from February 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($46.9 per unit), while the price for China ($7.5 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 Poland (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Multimeter Exports in Romania
For the fourth year in a row, Romania recorded growth in overseas shipments of multimeters, which increased by 3.4% to 5.3M units in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 393%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, multimeter exports expanded slightly to $81M in 2022. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 250%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.
Export of Multimeter in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 16.5 | 50.4 | 54.6 | 55.3 | 49.7% |
Spain | 0.1 | 4.8 | 4.8 | 5.7 | 284.9% |
Hungary | 0.7 | 3.7 | 4.5 | 4.7 | 88.7% |
United Kingdom | 0.1 | 2.1 | 2.4 | 2.2 | 180.2% |
Slovakia | 0.4 | 1.4 | 2.4 | 2.2 | 76.5% |
Portugal | 0.8 | 1.4 | 1.8 | 1.9 | 33.4% |
Czech Republic | 1.1 | 2.8 | 2.4 | 1.8 | 17.8% |
Others | 0.3 | 3.0 | 5.1 | 7.0 | 185.8% |
Total | 19.8 | 69.5 | 78.1 | 80.8 | 59.8% |
Top Export Markets for Multimeter from Romania in 2022:
- Germany (3705.0K units)
- Spain (389.9K units)
- Hungary (320.8K units)
- United Kingdom (161.8K units)
- Portugal (149.8K units)
- Czech Republic (135.8K units)
- Slovakia (121.5K units)
Multimeter Imports in Romania
For the fourth consecutive year, Romania recorded growth in supplies from abroad of multimeters, which increased by 78% to 1.5M units in 2022. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 92% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, multimeter imports skyrocketed to $35M in 2022. Overall, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 183% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Multimeter in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.7 | 5.2 | 20.0 | 29.5 | 158.9% |
Austria | 0.2 | 1.1 | 2.3 | 2.3 | 125.7% |
China | 0.4 | 0.4 | 0.3 | 0.7 | 20.5% |
Poland | 0.6 | 0.6 | 0.6 | 0.6 | 0.0% |
Hungary | 0.1 | 0.4 | 0.2 | 0.2 | 26.0% |
Others | 1.1 | 1.0 | 1.7 | 1.5 | 10.9% |
Total | 4.1 | 8.9 | 25.1 | 34.7 | 103.8% |
Top Suppliers of Multimeter to Romania in 2022:
- Germany (1242.3K units)
- China (100.2K units)
- Poland (69.9K units)
- Austria (22.7K units)
- Hungary (11.0K units)
This report provides an in-depth analysis of the multimeter 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 26514310 - Multimeters
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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