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Romania - Iron or Steel Wire Products - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRomania: Market for Iron or Steel Wire Products 2024
Market Size for Iron or Steel Wire Products in Romania
The Romanian market for iron or steel wire products soared to $X in 2023, increasing by X% against the previous year. In general, consumption, however, recorded a deep reduction. Iron or steel wire product consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.
Production of Iron or Steel Wire Products in Romania
In value terms, iron or steel wire product production soared to $X in 2023 estimated in export price. Overall, production, however, showed a drastic downturn. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.
Exports of Iron or Steel Wire Products
Exports from Romania
In 2023, exports of iron or steel wire products from Romania soared to X tons, growing by X% on 2022 figures. Overall, exports posted buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.
In value terms, iron or steel wire product exports soared to $X in 2023. In general, exports saw a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked in 2023 and are expected to retain growth in the near future.
Exports by Country
France (X tons), Italy (X tons) and Canada (X tons) were the main destinations of iron or steel wire product exports from Romania, together comprising X% of total exports. Germany, Israel, Austria, Serbia, Slovakia, Poland, Hungary, Bulgaria, Greece and Croatia lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for Israel (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, France ($X) remains the key foreign market for iron or steel wire products exports from Romania, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Germany, with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Germany (X% per year).
Export Prices by Country
In 2023, the average export price for iron or steel wire products amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of X%. The export price peaked at $X per ton in 2022, and then reduced modestly in the following year.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Wire Products
Imports into Romania
In 2023, imports of iron or steel wire products into Romania declined sharply to X tons, waning by X% compared with the previous year. Over the period under review, imports, however, saw strong growth. The growth pace was the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, iron or steel wire product imports declined to $X in 2023. Overall, imports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2020 with an increase of X%. As a result, imports attained the peak of $X. From 2021 to 2023, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2023, France (X tons) constituted the largest iron or steel wire product supplier to Romania, accounting for a X% share of total imports. Moreover, iron or steel wire product imports from France exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Germany (X% per year).
In value terms, Germany ($X), France ($X) and Italy ($X) were the largest iron or steel wire product suppliers to Romania, with a combined X% share of total imports. The Czech Republic, Hungary, Belgium, Slovakia, China, Bulgaria, Turkey, Croatia, Cyprus and Sweden lagged somewhat behind, together comprising a further X%.
In terms of the main suppliers, Croatia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average import price for iron or steel wire products stood at $X per ton in 2023, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for France ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for iron or steel wire product 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 25992925 - Finished products of iron/steel wire, snares, traps, etc., fodder ties, animal nose rings, mattress hooks, butchers
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
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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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