Romania - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Romania - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights

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Engine Generator Price in Romania - 2023

Contents:

  1. Engine Generator Price in Romania (CIF) - 2023
  2. Engine Generator Price in Romania (FOB) - 2023
  3. Engine Generator Imports in Romania
  4. Engine Generator Exports in Romania

Engine Generator Price in Romania (CIF) - 2023

The average engine generator import price stood at $151 per unit in August 2023, increasing by 12% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +3.5%. The pace of growth was the most pronounced in May 2023 an increase of 40% m-o-m. The import price peaked in August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was France ($196 per unit), while the price for China ($54.5 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Engine Generator Price in Romania (FOB) - 2023

The average engine generator export price stood at $95.0 per unit in August 2023, reducing by -18.7% against the previous month. Overall, the export price, however, continues to indicate a pronounced expansion. The pace of growth appeared the most rapid in January 2023 an increase of 128% m-o-m. Over the period under review, the average export prices reached the peak figure at $117 per unit in July 2023, and then declined remarkably in the following month.

There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Hungary ($189 per unit), while the average price for exports to France ($16.2 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Engine Generator Imports in Romania

In 2022, after three years of growth, there was significant decline in supplies from abroad of generators for internal combustion engines, when their volume decreased by -22.9% to 739K units. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45%. As a result, imports attained the peak of 958K units, and then shrank remarkably in the following year.

In value terms, engine generator imports reached $84M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Engine Generator in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain4.020.428.832.3100.6%
Hungary2.112.629.426.2131.9%
Italy9.67.06.55.8-15.5%
Turkey6.29.87.45.7-2.8%
FinlandN/AN/AN/A4.40%
Poland0.91.42.52.336.7%
India7.11.40.91.7-37.9%
France24.57.62.61.0-65.6%
Others4.03.25.04.32.4%
Total58.263.483.083.913.0%

Top Suppliers of Engine Generator to Romania in 2022:

  1. Spain (284.8K units)
  2. Hungary (230.6K units)
  3. Italy (51.2K units)
  4. Turkey (50.1K units)
  5. Finland (39.1K units)
  6. Poland (20.6K units)
  7. India (15.3K units)
  8. France (9.1K units)

Engine Generator Exports in Romania

Engine generator exports from Romania reduced markedly to 126K units in 2022, with a decrease of -61.6% against the previous year's figure. Over the period under review, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. The exports peaked at 506K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, engine generator exports reduced remarkably to $9.1M in 2022. In general, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. The exports peaked at $35M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Engine Generator in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7.15.910.32.8-26.7%
Morocco2.01.04.82.11.6%
South Korea1.02.91.11.923.9%
Argentina0.60.50.91.226.0%
Bulgaria0.10.10.10.226.0%
Algeria1.40.2N/A0.1-58.5%
Germany16.41.40.20.1-81.7%
Slovenia3.0N/AN/AN/A0%
Others2.92.21.50.8-34.9%
Total34.514.118.99.1-35.9%

Top Export Markets for Engine Generator from Romania in 2022:

  1. Slovenia (undefinedK units)
  2. Russia (38.6K units)
  3. Morocco (28.7K units)
  4. South Korea (26.1K units)
  5. Argentina (16.8K units)
  6. Bulgaria (2.6K units)
  7. Algeria (1.4K units)
  8. Germany (1.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the engine generator 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 29312250 - Generators for internal combustion engines (including dynamos and alternators) (excluding dual-purpose startergenerators)

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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