Romania - Hot-Rolled Bars In Bearing Steels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hot-Rolled Bearing Steel Bar in Romania - 2023
Contents:
- Price for Hot-Rolled Bearing Steel Bar in Romania (CIF) - 2023
- Price for Hot-Rolled Bearing Steel Bar in Romania (FOB) - 2023
- Imports of Hot-Rolled Bearing Steel Bar in Romania
- Exports of Hot-Rolled Bearing Steel Bar in Romania
Price for Hot-Rolled Bearing Steel Bar in Romania (CIF) - 2023
The average hot-rolled bearing steel bar import price stood at $1,490 per ton in July 2023, declining by -8.7% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 63% against the previous month. The import price peaked at $1,663 per ton in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($2,008 per ton), while the price for Bulgaria ($1,152 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Moldova (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hot-Rolled Bearing Steel Bar in Romania (FOB) - 2023
In July 2023, the average hot-rolled bearing steel bar export price amounted to $1,286 per ton, with a decrease of -12.9% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 8.7% month-to-month. As a result, the export price attained the peak level of $1,576 per ton. From January 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In July 2023, the highest price was recorded for prices to Spain ($1,535 per ton) and Poland ($1,385 per ton), while the average price for exports to France ($1,062 per ton) and the Czech Republic ($1,092 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hot-Rolled Bearing Steel Bar in Romania
In 2022, the amount of hot-rolled bars in bearing steels imported into Romania skyrocketed to 164K tons, jumping by 44% against the previous year. Overall, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, hot-rolled bearing steel bar imports soared to $202M in 2022. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Hot-Rolled Bearing Steel Bar in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 4.1 | 3.1 | 9.8 | 43.5 | 119.7% |
| Germany | 26.8 | 19.1 | 25.0 | 27.4 | 0.7% |
| Bulgaria | 14.9 | 11.7 | 20.7 | 26.9 | 21.8% |
| Sweden | 14.0 | 16.1 | 20.3 | 21.3 | 15.0% |
| Italy | 6.7 | 6.7 | 13.3 | 18.2 | 39.5% |
| France | 9.0 | 5.2 | 11.6 | 12.1 | 10.4% |
| Moldova | N/A | 0.2 | 4.2 | 10.5 | 624.6% |
| Czech Republic | 5.3 | 3.8 | 7.9 | 8.7 | 18.0% |
| Slovenia | 1.0 | 1.4 | 3.0 | 6.7 | 88.5% |
| Finland | 5.9 | 4.9 | 6.0 | 6.6 | 3.8% |
| Japan | 2.6 | 1.9 | 3.2 | 4.3 | 18.3% |
| Poland | 1.8 | 1.3 | 1.6 | 3.8 | 28.3% |
| Russia | 15.2 | 4.9 | 2.9 | 0.9 | -61.0% |
| Others | 12.2 | 10.9 | 13.2 | 10.6 | -4.6% |
| Total | 119 | 91.0 | 143 | 202 | 19.3% |
Top Suppliers of Hot-Rolled Bearing Steel Bar to Romania in 2022:
- Turkey (50.9K tons)
- Bulgaria (22.2K tons)
- Germany (16.8K tons)
- Moldova (15.0K tons)
- Italy (13.8K tons)
- Sweden (11.6K tons)
- France (5.9K tons)
- Czech Republic (5.7K tons)
- Slovenia (4.9K tons)
- Finland (3.7K tons)
- Japan (3.2K tons)
- Poland (2.9K tons)
- Russia (0.6K tons)
Exports of Hot-Rolled Bearing Steel Bar in Romania
In 2022, hot-rolled bearing steel bar exports from Romania shrank rapidly to 93K tons, declining by -37.8% compared with the previous year's figure. Over the period under review, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. As a result, the exports attained the peak of 150K tons, and then declined significantly in the following year.
In value terms, hot-rolled bearing steel bar exports contracted to $119M in 2022. In general, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 111%. As a result, the exports attained the peak of $127M, and then declined in the following year.
| Export of Hot-Rolled Bearing Steel Bar in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 35.9 | 24.5 | 46.6 | 44.7 | 7.6% |
| Italy | 10.9 | 13.1 | 35.4 | 28.8 | 38.2% |
| Bulgaria | 8.3 | 5.1 | 8.3 | 7.8 | -2.0% |
| Austria | 5.8 | 3.6 | 5.7 | 7.3 | 8.0% |
| Netherlands | 5.3 | 3.3 | 4.3 | 6.3 | 5.9% |
| Hungary | 1.8 | 1.5 | 2.9 | 3.9 | 29.4% |
| Czech Republic | 2.7 | 2.0 | 3.5 | 2.4 | -3.9% |
| Poland | 2.2 | 0.9 | 2.8 | 2.4 | 2.9% |
| France | 0.2 | 0.2 | 2.2 | 2.3 | 125.7% |
| Turkey | 1.1 | 1.7 | 5.5 | 2.1 | 24.1% |
| Sweden | 1.0 | 0.7 | 2.0 | 2.0 | 26.0% |
| Denmark | 1.5 | 1.0 | 2.1 | 1.7 | 4.3% |
| Others | 5.6 | 2.7 | 6.0 | 7.6 | 10.7% |
| Total | 82.3 | 60.2 | 127 | 119 | 13.1% |
Top Export Markets for Hot-Rolled Bearing Steel Bar from Romania in 2022:
- Germany (33.5K tons)
- Italy (24.3K tons)
- Bulgaria (5.9K tons)
- Austria (5.3K tons)
- Netherlands (5.0K tons)
- Hungary (3.1K tons)
- Poland (2.2K tons)
- Czech Republic (2.0K tons)
- Turkey (1.7K tons)
- Sweden (1.6K tons)
- France (1.6K tons)
- Denmark (1.5K tons)
This report provides an in-depth analysis of the market for hot-rolled bearing steel bar 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 24106630 - Hot-rolled bars in bearing steels
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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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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