Romania - Grinding, Sanding Or Polishing Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Romania - Grinding, Sanding Or Polishing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Price for Grinding, Sanding and Polishing Machine in Romania - 2023

Contents:

  1. Price for Grinding, Sanding and Polishing Machine in Romania (CIF) - 2023
  2. Price for Grinding, Sanding and Polishing Machine in Romania (FOB) - 2022
  3. Imports of Grinding, Sanding and Polishing Machine in Romania
  4. Exports of Grinding, Sanding and Polishing Machine in Romania

Price for Grinding, Sanding and Polishing Machine in Romania (CIF) - 2023

The average import price for grinding, sanding and polishing machines stood at $1,786 per unit in August 2023, reducing by -53.6% against the previous month. In general, the import price, however, saw a noticeable increase. The most prominent rate of growth was recorded in April 2023 an increase of 215% month-to-month. Over the period under review, average import prices reached the peak figure at $3,845 per unit in July 2023, and then contracted markedly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($4,731 per unit), while the price for China ($853 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 Germany (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Grinding, Sanding and Polishing Machine in Romania (FOB) - 2022

The average export price for grinding, sanding and polishing machines stood at $297 per unit in 2022, reducing by -74.2% against the previous year. In general, the export price, however, posted modest growth. The pace of growth appeared the most rapid in 2013 an increase of 538%. Over the period under review, the average export prices reached the peak figure at $6,646 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($1,127 per unit), while the average price for exports to Hungary ($53 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 China (+66.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grinding, Sanding and Polishing Machine in Romania

In 2022, purchases abroad of grinding, sanding and polishing machines decreased by -22.8% to 7.7K units, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 279% against the previous year. As a result, imports reached the peak of 11K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, grinding, sanding and polishing machine imports expanded notably to $3.8M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Grinding, Sanding and Polishing Machine in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,2805741,0621,151-3.5%
China79.2303548689105.7%
Czech Republic16447.056.127018.1%
Poland29816.532.132.1-52.4%
Switzerland1130.30.817.1-46.7%
Netherlands3.27.04.011.954.9%
Others1,6502,0881,9151,6580.2%
Total3,5883,0363,6173,8282.2%

Top Suppliers of Grinding, Sanding and Polishing Machine to Romania in 2022:

  1. China (6.5K units)
  2. Germany (0.3K units)
  3. Czech Republic (0.2K units)
  4. Netherlands (0.1K units)
  5. Poland (0.1K units)
  6. Switzerland (0.1K units)

Exports of Grinding, Sanding and Polishing Machine in Romania

After two years of decline, overseas shipments of grinding, sanding and polishing machines increased by 493% to 1.7K units in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, grinding, sanding and polishing machine exports soared to $514K in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Grinding, Sanding and Polishing Machine in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany21024629530713.5%
United Kingdom0.139.3N/A122968.5%
Moldova2.926.22.738.2136.2%
Poland0.4N/AN/A23.8290.4%
Hungary5.63.64.23.1-17.9%
Bulgaria5.25.11.3N/A-50.0%
Georgia2.75.23.7N/A17.1%
Others14054.930.221.1-46.8%
Total36638033751412.0%

Top Export Markets for Grinding, Sanding and Polishing Machine from Romania in 2022:

  1. Germany (620.0 units)
  2. United Kingdom (564.0 units)
  3. Poland (324.0 units)
  4. Moldova (122.0 units)
  5. Hungary (58.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for grinding, sanding and polishing machine 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 28491263 - Grinding, sanding or polishing machines for working wood, c ork, bone, hard rubber, hard plastics or similar hard materials

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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