Romania - Cranks And Crankshafts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Romania - Cranks And Crankshafts - Market Analysis, Forecast, Size, Trends And Insights

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Cranks and Crankshafts Price in Romania - 2023

Contents:

  1. Cranks and Crankshafts Price in Romania (CIF) - 2023
  2. Cranks and Crankshafts Price in Romania (FOB) - 2023
  3. Cranks and Crankshafts Imports in Romania
  4. Cranks and Crankshafts Exports in Romania

Cranks and Crankshafts Price in Romania (CIF) - 2023

The average cranks and crankshafts import price stood at $5,344 per ton in June 2023, dropping by -3.7% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 65% against the previous month. As a result, import price attained the peak level of $6,214 per ton. From September 2022 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($9,156 per ton), while the price for Italy ($2,587 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Cranks and Crankshafts Price in Romania (FOB) - 2023

In June 2023, the average cranks and crankshafts export price amounted to $14,975 per ton, which is down by -3.4% against the previous month. In general, the export price saw a noticeable slump. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 38% month-to-month. Over the period under review, the average export prices reached the maximum at $21,911 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Italy ($51,998 per ton), while the average price for exports to Austria ($5,331 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Cranks and Crankshafts Imports in Romania

Cranks and crankshafts imports into Romania fell slightly to 18K tons in 2022, stabilizing at 2021. In general, imports saw a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year.

In value terms, cranks and crankshafts imports dropped to $88M in 2022. Over the period under review, imports saw a pronounced descent. The pace of growth appeared the most rapid in 2021 when imports increased by 23%.

Import of Cranks and Crankshafts in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany25.718.718.417.6-11.9%
Spain15.914.113.713.6-5.1%
China9.910.216.213.210.1%
France13.67.010.19.7-10.7%
Lithuania4.76.08.99.526.4%
Hungary7.26.06.88.03.6%
Turkey7.24.06.13.7-19.9%
Others9.58.712.112.69.9%
Total93.674.792.287.9-2.1%

Top Suppliers of Cranks and Crankshafts to Romania in 2022:

  1. Germany (3.5K tons)
  2. Lithuania (3.1K tons)
  3. Spain (3.1K tons)
  4. France (2.6K tons)
  5. China (2.3K tons)
  6. Hungary (1.4K tons)
  7. Turkey (0.8K tons)

Cranks and Crankshafts Exports in Romania

In 2022, overseas shipments of cranks and crankshafts were finally on the rise to reach 3.6K tons after two years of decline. Overall, exports, however, showed a sharp slump.

In value terms, cranks and crankshafts exports rose sharply to $39M in 2022. In general, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 9.9% against the previous year.

Export of Cranks and Crankshafts in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.58.09.810.2-6.6%
Austria2.64.24.45.629.1%
China3.34.56.85.216.4%
Turkey0.10.10.63.7233.2%
France4.64.32.83.3-10.5%
Russia4.23.88.03.3-7.7%
Italy0.40.70.70.931.0%
South Korea26.53.9N/AN/A-85.3%
Others3.73.93.76.420.0%
Total57.933.436.838.6-12.6%

Top Export Markets for Cranks and Crankshafts from Romania in 2022:

  1. Austria (1084.3 tons)
  2. France (643.9 tons)
  3. Russia (562.7 tons)
  4. Germany (536.3 tons)
  5. Turkey (262.8 tons)
  6. China (159.8 tons)
  7. Italy (99.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cranks and crankshafts market 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 28152230 - Cranks and crankshafts
  • Prodcom 28152250 - Cardan shafts
  • Prodcom 28152270 - Other shafts

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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