Price for Railway or Tramway Track Constructions of Iron or Steel in Romania - 2023

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Romania (CIF) - 2023
  2. Price for Railway or Tramway Track Constructions of Iron or Steel in Romania (FOB) - 2022
  3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Romania
  4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Romania

Price for Railway or Tramway Track Constructions of Iron or Steel in Romania (CIF) - 2023

The average import price for railway or tramway track constructions of iron or steel stood at $1,742 per ton in December 2023, surging by 8.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in September 2023 an increase of 16% m-o-m. As a result, import price attained the peak level of $1,935 per ton. From October 2023 to December 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($7,463 per ton), while the price for Poland ($1,518 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Romania (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $3,932 per ton in 2022, with an increase of 35% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($6,880 per ton), while the average price for exports to North Macedonia ($1,588 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Romania

In 2022, imports of railway or tramway track constructions of iron or steel into Romania soared to 27K tons, increasing by 36% compared with the previous year's figure. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 103% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of railway or tramway track constructions of iron or steel skyrocketed to $47M in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 59%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Railway or Tramway Track Constructions of Iron or Steel in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria12.214.524.932.638.8%
Germany3.11.23.24.08.9%
Poland4.04.94.93.5-4.4%
Czech Republic1.10.60.81.613.3%
Italy1.20.20.20.5-25.3%
Others3.01.52.44.413.6%
Total24.722.936.446.723.7%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Romania in 2022:

  1. Austria (20.1K tons)
  2. Poland (3.1K tons)
  3. Germany (1.5K tons)
  4. Czech Republic (0.7K tons)
  5. Italy (0.3K tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Romania

In 2022, the amount of railway or tramway track constructions of iron or steel exported from Romania shrank notably to 6.8K tons, with a decrease of -36.6% on the year before. In general, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 51%. As a result, the exports attained the peak of 11K tons, and then declined rapidly in the following year.

In value terms, exports of railway or tramway track constructions of iron or steel declined to $27M in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 36%. As a result, the exports attained the peak of $31M, and then contracted in the following year.

Export of Railway or Tramway Track Constructions of Iron or Steel in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3.14.52.57.232.4%
MoroccoN/AN/A1.14.1272.7%
IndiaN/A0.24.72.6260.6%
Slovenia2.51.94.12.3-2.7%
EgyptN/AN/A5.01.9-62.0%
Taiwan (Chinese)N/AN/AN/A1.80%
Bulgaria0.62.31.91.329.4%
Austria0.31.91.10.838.7%
PolandN/A0.91.00.6-18.4%
France0.1N/AN/A0.571.0%
North MacedoniaN/AN/AN/A0.40%
Croatia5.72.91.60.2-67.3%
Chile1.63.83.00.1-60.3%
Others10.74.65.22.9-35.3%
Total24.623.131.226.82.9%

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Romania in 2022:

  1. India (1273.2 tons)
  2. Turkey (1205.2 tons)
  3. Slovenia (947.1 tons)
  4. Egypt (765.7 tons)
  5. Morocco (699.2 tons)
  6. Austria (307.1 tons)
  7. Taiwan (Chinese) (263.1 tons)
  8. North Macedonia (259.0 tons)
  9. Bulgaria (246.0 tons)
  10. Poland (222.0 tons)
  11. France (150.0 tons)
  12. Croatia (50.6 tons)
  13. Chile (14.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Railway or tramway track constructions of iron or steel - Romania