Romania - Indicator Panels Incorporating Liquid Crystal Devices (Lcd) Or Light Emitting Diodes (Led) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Romania - Indicator Panels Incorporating Liquid Crystal Devices (Lcd) Or Light Emitting Diodes (Led) - Market Analysis, Forecast, Size, Trends and Insights

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Price for LCD or LED Indicator Panel in Romania - 2023

Contents:

  1. Price for LCD or LED Indicator Panel in Romania (CIF) - 2023
  2. Price for LCD or LED Indicator Panel in Romania (FOB) - 2023
  3. Imports of LCD or LED Indicator Panel in Romania
  4. Exports of LCD or LED Indicator Panel in Romania

Price for LCD or LED Indicator Panel in Romania (CIF) - 2023

The average import price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $4.2 per unit in May 2023, which is down by -10.1% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 19% m-o-m. As a result, import price reached the peak level of $5.3 per unit. From February 2023 to May 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($6.6 per unit), while the price for Italy ($1.3 per unit) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.8%), while the prices for the other major suppliers experienced a decline.

Price for LCD or LED Indicator Panel in Romania (FOB) - 2023

In May 2023, the average export price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) amounted to $4.4 per unit, dropping by -22.3% against the previous month. Over the period under review, the export price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in November 2022 an increase of 137% month-to-month. The export price peaked at $17.7 per unit in August 2022; however, from September 2022 to May 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($5.3 per unit), while the average price for exports to Belgium ($1.6 per unit) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of LCD or LED Indicator Panel in Romania

In 2022, the amount of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) imported into Romania expanded modestly to 25M units, increasing by 2.3% on the previous year. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 8.5%. As a result, imports reached the peak of 25M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, LCD or LED indicator panel imports rose remarkably to $129M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of LCD or LED Indicator Panel in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany94.887.494.697.10.8%
Hong Kong SAR0.30.21.111.1233.2%
China5.24.45.04.9-2.0%
Taiwan (Chinese)N/A0.12.34.5570.8%
Italy2.83.82.62.4-5.0%
Austria6.82.20.31.5-39.6%
Others7.85.37.97.80.0%
Total1181031141293.0%

Top Suppliers of LCD or LED Indicator Panel to Romania in 2022:

  1. Germany (20.8M units)
  2. Hong Kong SAR (1.3M units)
  3. Taiwan (Chinese) (0.5M units)
  4. China (0.5M units)
  5. Italy (0.4M units)
  6. Austria (0.2M units)

Exports of LCD or LED Indicator Panel in Romania

In 2022, approx. 765K units of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) were exported from Romania; dropping by -24.2% compared with the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year. As a result, the exports reached the peak of 1M units, and then contracted notably in the following year.

In value terms, LCD or LED indicator panel exports soared to $8.8M in 2022. Overall, exports, however, showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of LCD or LED Indicator Panel in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria1,9727331,0663,91325.7%
Italy1,1689555721,62811.7%
Germany5414279911,50540.6%
China29.229.58.0416142.4%
Belgium3233523693785.4%
Poland87.160.227717626.4%
United Kingdom0.331.09.779.6542.6%
Others4544111,75668514.7%
Total4,5752,9995,0498,78124.3%

Top Export Markets for LCD or LED Indicator Panel from Romania in 2022:

  1. Germany (247.3K units)
  2. Italy (207.2K units)
  3. Belgium (136.5K units)
  4. Austria (66.2K units)
  5. Poland (24.5K units)
  6. United Kingdom (21.5K units)
  7. China (16.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lcd or led indicator panel 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 27902020 - Indicator panels incorporating liquid crystal display (LCD)
  • Prodcom 27902050 - Indicator panels incorporating light emitting diodes (LED)

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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