Romania - Instruments Using Optical Radiations - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Romania - Instruments Using Optical Radiations - Market Analysis, Forecast, Size, Trends And Insights

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Optical Radiation Instruments Price in Romania - 2023

Contents:

  1. Optical Radiation Instruments Price in Romania (CIF) - 2023
  2. Optical Radiation Instruments Price in Romania (FOB) - 2022
  3. Optical Radiation Instruments Imports in Romania
  4. Optical Radiation Instruments Exports in Romania

Optical Radiation Instruments Price in Romania (CIF) - 2023

The average optical radiation instruments import price stood at $213 per unit in June 2023, growing by 33% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 when the average import price increased by 100% m-o-m. Over the period under review, average import prices reached the peak figure at $270 per unit in October 2022; however, from November 2022 to June 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($497 per unit), while the price for Italy ($35.8 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Optical Radiation Instruments Price in Romania (FOB) - 2022

The average optical radiation instruments export price stood at $186 per unit in 2022, shrinking by -33.2% against the previous year. In general, the export price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 105%. Over the period under review, the average export prices hit record highs at $289 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($903 per unit), while the average price for exports to Ukraine ($106 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 Moldova (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Radiation Instruments Imports in Romania

In 2022, supplies from abroad of instruments using optical radiations decreased by -15.5% to 145K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of 172K units, and then reduced rapidly in the following year.

In value terms, optical radiation instruments imports declined slightly to $26M in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 8.7%. As a result, imports reached the peak of $28M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Optical Radiation Instruments in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13.111.212.49.8-9.2%
Belgium1.41.12.84.143.1%
China1.81.51.82.38.5%
United States1.71.71.11.6-2.0%
France1.72.02.11.3-8.6%
Italy0.91.00.80.8-3.9%
Hong Kong SARN/AN/A0.70.3-57.1%
Others4.99.05.56.07.0%
Total25.427.627.226.31.2%

Top Suppliers of Optical Radiation Instruments to Romania in 2022:

  1. Germany (44.2K units)
  2. China (26.4K units)
  3. Belgium (25.6K units)
  4. Italy (13.4K units)
  5. France (9.1K units)
  6. United States (3.7K units)
  7. Hong Kong SAR (3.2K units)

Optical Radiation Instruments Exports in Romania

In 2022, the amount of instruments using optical radiations exported from Romania contracted notably to 9.8K units, with a decrease of -64.6% against the previous year's figure. Over the period under review, exports showed a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 11%. Over the period under review, the exports attained the peak figure at 37K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, optical radiation instruments exports reduced remarkably to $1.8M in 2022. Overall, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 6.7% against the previous year. The exports peaked at $8.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Optical Radiation Instruments in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova5505681,0276063.3%
Germany2,9761,807959573-42.3%
Serbia10.71.913.7352220.4%
Ukraine19.813345.388.464.7%
Bulgaria36.453.590.672.325.7%
Hungary3.710.612.826.893.5%
Italy6.93.01.426.757.0%
Turkey1,9093911,8540.1-96.3%
Switzerland2,9674,1073,334N/A6.0%
Others97.918340887.6-3.6%
Total8,5777,2587,7461,833-40.2%

Top Export Markets for Optical Radiation Instruments from Romania in 2022:

  1. Germany (4.8K units)
  2. Moldova (2.8K units)
  3. Ukraine (0.8K units)
  4. Bulgaria (0.5K units)
  5. Serbia (0.4K units)
  6. Italy (0.2K units)
  7. Hungary (0.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the optical radiation instruments 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 26515350 - Instruments and apparatus using optical radiations, n.e.c.

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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