Romania: Transmission Apparatus Market 2024

Transmission Apparatus Market Size in Romania

The Romanian transmission apparatus market rose significantly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Transmission apparatus consumption peaked in 2022 and is likely to see gradual growth in years to come.

Transmission Apparatus Production in Romania

In value terms, transmission apparatus production surged to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Transmission Apparatus Exports

Exports from Romania

Transmission apparatus exports from Romania reduced rapidly to X units in 2022, shrinking by X% against the year before. Over the period under review, exports saw a deep slump. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, transmission apparatus exports reduced remarkably to $X in 2022. In general, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X units), Bulgaria (X units) and Germany (X units) were the main destinations of transmission apparatus exports from Romania, together comprising X% of total exports. Hong Kong SAR, the United Arab Emirates, Ukraine, Moldova, France, Slovakia, the Netherlands, Italy, the UK and Hungary lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Poland ($X) and the United Arab Emirates ($X) were the largest markets for transmission apparatus exported from Romania worldwide, together accounting for X% of total exports. Germany, Ukraine, France, Hungary, Italy, Slovakia, the Netherlands, Moldova, Hong Kong SAR and the UK lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Ukraine, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average transmission apparatus export price amounted to $X per unit, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Hong Kong SAR ($X per unit) was amongst the lowest.

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

Transmission Apparatus Imports

Imports into Romania

In 2022, overseas purchases of transmission apparatus incorporating reception apparatus decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, transmission apparatus imports rose notably to $X in 2022. Over the period under review, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Slovakia (X units) constituted the largest supplier of transmission apparatus to Romania, accounting for a X% share of total imports. Moreover, transmission apparatus imports from Slovakia exceeded the figures recorded by the second-largest supplier, Austria (X units), threefold. The Netherlands (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Slovakia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and the Netherlands (X% per year).

In value terms, Slovakia ($X), Hungary ($X) and the Czech Republic ($X) were the largest transmission apparatus suppliers to Romania, with a combined X% share of total imports. Austria, the Netherlands, Hong Kong SAR, Germany, China and France lagged somewhat behind, together accounting for a further X%.

Hong Kong SAR, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average transmission apparatus import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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