Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Romania - 2023

Contents:

  1. Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Romania (CIF) - 2022
  2. Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Romania (FOB) - 2022
  3. Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Romania
  4. Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Romania

Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Romania (CIF) - 2022

The average import price for machines and mechanical appliances; parts, of those having individual functionses stood at $17,899 per ton in 2022, increasing by 1.9% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 49% against the previous year. The import price peaked at $28,511 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 France ($51,542 per ton), while the price for Ukraine ($7,997 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Romania (FOB) - 2022

The average export price for machines and mechanical appliances; parts, of those having individual functionses stood at $24,552 per ton in 2022, almost unchanged from the previous year. In general, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 an increase of 108% against the previous year. The export price peaked at $26,493 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($92,411 per ton), while the average price for exports to Italy ($4,164 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Romania

After three years of growth, supplies from abroad of machines and mechanical appliances; parts, of those having individual functionses decreased by -3.2% to 13K tons in 2022. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 88%. As a result, imports attained the peak of 13K tons, and then dropped slightly in the following year.

In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses shrank modestly to $227M in 2022. Overall, imports, however, recorded prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 84%. As a result, imports attained the peak of $230M, and then declined slightly in the following year.

Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany68.568.311796.712.2%
Turkey1.71.33.231.9165.7%
Italy14.811.424.018.88.3%
Austria11.57.819.615.09.3%
China3.55.911.114.861.7%
United States3.72.93.45.413.4%
UkraineN/A0.15.93.7508.3%
Spain3.21.74.61.5-22.3%
Others32.125.640.938.86.5%
Total13912523022717.8%

Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Romania in 2022:

  1. Germany (4.1K tons)
  2. Turkey (2.3K tons)
  3. Italy (1.6K tons)
  4. China (1.6K tons)
  5. Austria (1.1K tons)
  6. Ukraine (0.5K tons)
  7. United States (0.2K tons)
  8. Spain (0.1K tons)

Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Romania

In 2022, the amount of machines and mechanical appliances; parts, of those having individual functionses exported from Romania contracted remarkably to 3.4K tons, waning by -15.2% on the previous year's figure. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year.

In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses reduced rapidly to $83M in 2022. Overall, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 23%.

Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany20.919.317.622.01.7%
Hungary2.01.72.912.885.7%
Austria5.53.79.47.08.4%
Turkey1.82.22.34.939.6%
Czech Republic6.51.25.84.6-10.9%
United Kingdom5.88.03.63.4-16.3%
France8.39.75.32.7-31.2%
Saudi Arabia0.1N/A0.52.5192.4%
Finland1.81.02.12.410.1%
Italy4.01.93.02.3-16.8%
United States5.02.92.22.0-26.3%
Azerbaijan3.51.62.11.7-21.4%
Serbia0.50.322.70.4-7.2%
Others39.527.119.214.0-29.2%
Total10580.698.882.7-7.6%

Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Romania in 2022:

  1. Germany (783.1 tons)
  2. Italy (547.1 tons)
  3. Austria (492.8 tons)
  4. Czech Republic (273.4 tons)
  5. Hungary (222.0 tons)
  6. France (159.3 tons)
  7. Turkey (155.7 tons)
  8. Saudi Arabia (137.5 tons)
  9. Finland (86.3 tons)
  10. United Kingdom (75.2 tons)
  11. Azerbaijan (41.6 tons)
  12. United States (22.1 tons)
  13. Serbia (4.1 tons)

Source: IndexBox Market Intelligence Platform

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