Romania - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLift and Hoist Price in Romania - 2023
Contents:
- Lift and Hoist Price in Romania (CIF) - 2023
- Lift and Hoist Price in Romania (FOB) - 2023
- Lift and Hoist Imports in Romania
- Lift and Hoist Exports in Romania
Lift and Hoist Price in Romania (CIF) - 2023
The average lift and hoist import price stood at $15,647 per unit in July 2023, growing by 18% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 28% m-o-m. Over the period under review, average import prices hit record highs at $17,183 per unit in January 2023; afterwards, it flattened through to July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($26,733 per unit), while the price for the United States ($5,588 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Lift and Hoist Price in Romania (FOB) - 2023
In July 2023, the average lift and hoist export price amounted to $17,301 per unit, reducing by -9.3% against the previous month. Overall, export price indicated a perceptible increase from July 2022 to July 2023: its price increased at an average monthly rate of +4.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, lift and hoist export price decreased by -14.6% against April 2023 indices. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 54% month-to-month. The export price peaked at $25,902 per unit in December 2022; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Greece ($32,704 per unit), while the average price for exports to the Netherlands ($14,701 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Lift and Hoist Imports in Romania
In 2022, approx. 2.3K units of lifts and hoists were imported into Romania; increasing by 5.1% against the previous year. The total import volume increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, lift and hoist imports expanded markedly to $44M in 2022. The total import value increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Lift and Hoist in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 10.3 | 11.3 | 11.9 | 14.7 | 12.6% |
| Italy | 8.0 | 7.6 | 7.0 | 8.8 | 3.2% |
| Spain | 5.1 | 6.4 | 6.2 | 6.2 | 6.7% |
| Germany | 1.3 | 1.8 | 5.2 | 4.4 | 50.1% |
| Greece | 3.2 | 3.7 | 3.9 | 2.5 | -7.9% |
| Turkey | 0.5 | 1.2 | 2.2 | 2.4 | 68.7% |
| Bulgaria | 0.8 | 1.3 | 0.6 | 1.1 | 11.2% |
| Others | 3.6 | 0.9 | 2.5 | 3.8 | 1.8% |
| Total | 32.8 | 34.1 | 39.5 | 43.9 | 10.2% |
Top Suppliers of Lift and Hoist to Romania in 2022:
- Slovakia (776.0 units)
- Italy (461.0 units)
- Spain (324.0 units)
- Germany (232.0 units)
- Greece (134.0 units)
- Turkey (127.0 units)
- Bulgaria (56.0 units)
Lift and Hoist Exports in Romania
For the fourth consecutive year, Romania recorded growth in overseas shipments of lifts and hoists, which increased by 0.7% to 440 units in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 112%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, lift and hoist exports reduced slightly to $7.5M in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 113% against the previous year. As a result, the exports reached the peak of $7.9M, and then dropped modestly in the following year.
| Export of Lift and Hoist in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 355 | 1,510 | 1,895 | 1,948 | 76.4% |
| Netherlands | 54.5 | 177 | 1,486 | 968 | 160.9% |
| United States | 253 | 55.0 | 321 | 679 | 39.0% |
| Qatar | N/A | N/A | N/A | 655 | 0% |
| Cyprus | N/A | 107 | 717 | 569 | 130.6% |
| India | N/A | N/A | 257 | 493 | 91.8% |
| Italy | N/A | 133 | 62.0 | 467 | 87.4% |
| New Zealand | N/A | N/A | N/A | 386 | 0% |
| Switzerland | 448 | 173 | 386 | 363 | -6.8% |
| Bulgaria | 525 | 123 | 327 | 147 | -34.6% |
| Others | 166 | 1,424 | 2,425 | 828 | 70.9% |
| Total | 1,802 | 3,703 | 7,877 | 7,504 | 60.9% |
Top Export Markets for Lift and Hoist from Romania in 2022:
- Belgium (113.0 units)
- Netherlands (56.0 units)
- United States (39.0 units)
- Qatar (38.0 units)
- Cyprus (33.0 units)
- India (29.0 units)
- Italy (27.0 units)
- New Zealand (22.0 units)
- Switzerland (21.0 units)
- Bulgaria (9.0 units)
This report provides an in-depth analysis of the lift and hoist 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 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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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