Price for Safety Pins and Other Pins; of Iron or Steel in Romania - 2024
Contents:
- Price for Safety Pins and Other Pins; of Iron or Steel in Romania (CIF) - 2022
- Price for Safety Pins and Other Pins; of Iron or Steel in Romania (FOB) - 2022
- Imports of Safety Pins and Other Pins; of Iron or Steel in Romania
- Exports of Safety Pins and Other Pins; of Iron or Steel in Romania
Price for Safety Pins and Other Pins; of Iron or Steel in Romania (CIF) - 2022
In 2022, the average import price for safety pins and other pins; of iron or steels amounted to $10,190 per ton, increasing by 5.2% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for safety pins and other pins; of iron or steels increased by +78.5% against 2015 indices. The growth pace was the most rapid in 2019 an increase of 20% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.
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 Italy ($29,664 per ton), while the price for China ($6,766 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Safety Pins and Other Pins; of Iron or Steel in Romania (FOB) - 2022
The average export price for safety pins and other pins; of iron or steels stood at $83,756 per ton in 2022, with an increase of 90% against the previous year. In general, the export price saw a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($190,947 per ton), while the average price for exports to Croatia ($15,000 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 (+77.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Safety Pins and Other Pins; of Iron or Steel in Romania
In 2022, supplies from abroad of safety pins and other pins; of iron or steels was finally on the rise to reach 27 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt contraction.
In value terms, imports of safety pins and other pins; of iron or steels skyrocketed to $270K in 2022. In general, imports, however, showed a pronounced decrease.
| Import of Safety Pins and Other Pins; of Iron or Steel in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 124 | 111 | 97.6 | 140 | 4.1% |
| Germany | 75.6 | 104 | 45.5 | 57.7 | -8.6% |
| Italy | 20.2 | 14.6 | 20.0 | 25.5 | 8.1% |
| France | 26.8 | 29.3 | 22.0 | 15.4 | -16.9% |
| Hungary | 7.2 | 10.4 | 8.5 | 8.6 | 6.1% |
| Others | 35.5 | 19.1 | 24.8 | 23.3 | -13.1% |
| Total | 290 | 288 | 218 | 270 | -2.4% |
Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Romania in 2022:
- China (20.6 tons)
- Germany (2.6 tons)
- Italy (0.9 tons)
- France (0.8 tons)
- Hungary (0.4 tons)
Exports of Safety Pins and Other Pins; of Iron or Steel in Romania
In 2022, shipments abroad of safety pins and other pins; of iron or steels increased by 15% to 156 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a dramatic setback.
In value terms, exports of safety pins and other pins; of iron or steels skyrocketed to $13K in 2022. Overall, exports, however, recorded a abrupt downturn.
| Export of Safety Pins and Other Pins; of Iron or Steel in Romania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1,262 | 4.0 | N/A | 3,628 | 42.2% |
| Moldova | 1,488 | 1,643 | 2,851 | 1,968 | 9.8% |
| North Macedonia | N/A | N/A | N/A | 1,622 | 0% |
| Morocco | N/A | 902 | N/A | 1,540 | 30.7% |
| Slovenia | N/A | N/A | N/A | 1,273 | 0% |
| China | N/A | N/A | N/A | 673 | 0% |
| Bulgaria | 3.0 | 3.0 | 36.0 | 654 | 501.8% |
| Sweden | 241 | 31.0 | 78.0 | 609 | 36.2% |
| Ireland | 442 | 567 | 818 | 578 | 9.4% |
| Hungary | 4.0 | 30.0 | 37.0 | 218 | 279.1% |
| Italy | 1,458 | 785 | 439 | 160 | -52.1% |
| Croatia | 16.0 | 71.0 | 34.0 | 45.0 | 41.2% |
| Netherlands | 2,556 | 1,573 | 96.0 | N/A | -80.6% |
| Others | 13,509 | 1,938 | 1,613 | 98.0 | -80.6% |
| Total | 20,979 | 7,547 | 6,002 | 13,066 | -14.6% |
Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Romania in 2022:
- North Macedonia (34.0 kg)
- Slovenia (20.0 kg)
- Moldova (20.0 kg)
- Belgium (19.0 kg)
- Bulgaria (13.0 kg)
- Morocco (11.0 kg)
- Italy (7.0 kg)
- Hungary (7.0 kg)
- Sweden (7.0 kg)
- China (6.0 kg)
- Ireland (5.0 kg)
- Croatia (3.0 kg)
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This report provides an in-depth analysis of the sewing needle market in Romania.
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