Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Romania - 2024

Contents:

  1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Romania (CIF) - 2022
  2. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Romania (FOB) - 2022
  3. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Romania
  4. Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Romania

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Romania (CIF) - 2022

In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $57 per thousand units, stabilizing at the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 12%. Over the period under review, average import prices attained the maximum at $60 per thousand units in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($96 per thousand units), while the price for Poland ($20 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Romania (FOB) - 2022

In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $52 per thousand units, with a decrease of -20.2% against the previous year. In general, the export price saw a pronounced shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 39%. Over the period under review, the average export prices attained the maximum at $86 per thousand units in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($90 per thousand units), while the average price for exports to Hungary ($29 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Romania

Imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment into Romania rose significantly to 8.9B units in 2022, surging by 6.3% against 2021. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 9.9% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment rose sharply to $501M in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 17%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1961872042071.8%
Italy46.849.965.260.99.2%
Czech Republic29.526.632.236.06.9%
Netherlands14.919.522.330.627.1%
France23.822.222.325.42.2%
China21.917.220.524.23.4%
Austria15.713.021.321.310.7%
Poland5.16.010.620.158.0%
Hungary18.417.519.418.3-0.2%
Belgium16.47.911.010.9-12.7%
Others49.141.246.846.3-1.9%
Total4374084765014.7%

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Romania in 2022:

  1. Germany (3327.6M units)
  2. Italy (1439.3M units)
  3. Poland (1000.0M units)
  4. Czech Republic (586.8M units)
  5. Austria (479.9M units)
  6. France (411.2M units)
  7. China (325.4M units)
  8. Hungary (320.3M units)
  9. Netherlands (205.6M units)
  10. Belgium (113.1M units)

Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Romania

In 2022, shipments abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment was finally on the rise to reach 3.1B units after two years of decline. In general, exports, however, saw a noticeable setback. Over the period under review, the exports of hit record highs at 3.4B units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment reduced sharply to $161M in 2022. Over the period under review, exports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 11%. The exports peaked at $200M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany65.363.573.573.13.8%
Italy19.316.821.819.70.7%
Moldova22.915.814.812.8-17.6%
France10.66.48.49.9-2.3%
Norway17.518.431.25.7-31.2%
Spain7.65.35.25.0-13.0%
Austria1.52.55.34.038.7%
Poland1.82.84.03.929.4%
Hungary9.07.74.13.0-30.7%
Switzerland1.91.81.52.59.6%
Serbia7.311.64.31.6-39.7%
Bulgaria4.62.21.11.5-31.2%
China10.73.32.11.4-49.2%
Others19.616.916.316.5-5.6%
Total200175194161-7.0%

Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Romania in 2022:

  1. Germany (1543.5M units)
  2. Italy (368.2M units)
  3. France (173.7M units)
  4. Moldova (167.3M units)
  5. Spain (128.5M units)
  6. Norway (128.1M units)
  7. Hungary (102.4M units)
  8. Poland (80.8M units)
  9. Austria (72.8M units)
  10. Switzerland (55.3M units)
  11. Serbia (45.6M units)
  12. Bulgaria (26.8M units)
  13. China (16.0M units)

Source: IndexBox Market Intelligence Platform

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