Romania - Flat-Rolled Products Of Silicon-Electrical Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Silicon-Electrical Steel Flat-Rolled Product in Romania - 2023
Contents:
- Price for Silicon-Electrical Steel Flat-Rolled Product in Romania (FOB) - 2023
- Price for Silicon-Electrical Steel Flat-Rolled Product in Romania (CIF) - 2023
- Exports of Silicon-Electrical Steel Flat-Rolled Product in Romania
- Imports of Silicon-Electrical Steel Flat-Rolled Product in Romania
Price for Silicon-Electrical Steel Flat-Rolled Product in Romania (FOB) - 2023
The average silicon-electrical steel flat-rolled product export price stood at $1,735 per ton in July 2023, falling by -5.6% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 8% m-o-m. The export price peaked at $1,953 per ton in December 2022; however, from January 2023 to July 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 the United States ($2,428 per ton), while the average price for exports to Bulgaria ($1,451 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Silicon-Electrical Steel Flat-Rolled Product in Romania (CIF) - 2023
The average silicon-electrical steel flat-rolled product import price stood at $865 per ton in July 2023, waning by -6.6% against the previous month. Over the period under review, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in February 2023 an increase of 20% m-o-m. The import price peaked at $1,150 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Austria ($1,219 per ton), while the price for Turkey totaled $834 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.4%).
Exports of Silicon-Electrical Steel Flat-Rolled Product in Romania
Silicon-electrical steel flat-rolled product exports from Romania dropped to 76K tons in 2022, waning by -8% compared with the year before. Overall, total exports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. As a result, the exports attained the peak of 83K tons, and then dropped in the following year.
In value terms, silicon-electrical steel flat-rolled product exports skyrocketed to $144M in 2022. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 140%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Silicon-Electrical Steel Flat-Rolled Product in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 9.0 | 11.0 | 25.9 | 33.6 | 55.1% |
| Czech Republic | 10.2 | 7.6 | 15.2 | 19.3 | 23.7% |
| Turkey | 1.2 | 2.7 | 19.1 | 17.1 | 142.4% |
| Hungary | 9.2 | 4.5 | 14.6 | 14.8 | 17.2% |
| Germany | 9.3 | 4.1 | 5.2 | 8.6 | -2.6% |
| France | 1.4 | 0.2 | 3.0 | 7.9 | 78.0% |
| Serbia | 5.4 | 3.9 | 5.3 | 7.0 | 9.0% |
| Slovenia | 3.8 | 1.8 | 4.1 | 6.2 | 17.7% |
| United States | 3.1 | 5.0 | 2.4 | 4.9 | 16.5% |
| Italy | 1.7 | 0.8 | 2.2 | 4.6 | 39.3% |
| Finland | N/A | 0.5 | 0.6 | 4.2 | 189.8% |
| Spain | N/A | N/A | 2.1 | 4.2 | 100.0% |
| Slovakia | 3.2 | 3.1 | 7.1 | 4.0 | 7.7% |
| Others | 3.2 | 1.2 | 4.9 | 7.9 | 35.2% |
| Total | 60.8 | 46.5 | 112 | 144 | 33.3% |
Top Export Markets for Silicon-Electrical Steel Flat-Rolled Product from Romania in 2022:
- Poland (17.7K tons)
- Czech Republic (10.2K tons)
- Turkey (10.1K tons)
- Hungary (7.8K tons)
- Germany (4.7K tons)
- France (4.3K tons)
- Serbia (3.2K tons)
- Slovenia (3.2K tons)
- Italy (2.4K tons)
- Finland (2.2K tons)
- United States (2.1K tons)
- Spain (2.1K tons)
- Slovakia (2.0K tons)
Imports of Silicon-Electrical Steel Flat-Rolled Product in Romania
Silicon-electrical steel flat-rolled product imports into Romania skyrocketed to 123K tons in 2022, rising by 32% against 2021. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, silicon-electrical steel flat-rolled product imports soared to $131M in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silicon-Electrical Steel Flat-Rolled Product in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 40.9 | 34.9 | 68.0 | 125 | 45.1% |
| Austria | 7.2 | 5.6 | 5.3 | 4.9 | -12.0% |
| Others | 2.0 | 2.0 | 0.8 | 0.8 | -26.3% |
| Total | 50.1 | 42.5 | 74.0 | 131 | 37.8% |
Top Suppliers of Silicon-Electrical Steel Flat-Rolled Product to Romania in 2022:
- Turkey (117.5K tons)
- Austria (4.7K tons)
This report provides an in-depth analysis of the market for silicon-electrical steel flat-rolled product 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 24105310 - Electrical sheet and strip, grain oriented of a width of .600 mm or more
- Prodcom 24105330 - Flat-rolled products of silicon-electrical steel, of a width . .600 mm, non-grain-oriented
- Prodcom 24105410 - Electrical cold-rolled slit strip, grain oriented, in silicon-alloy steel, of a width of < .600 mm
- Prodcom 24105430 - Flat-rolled products of silicon-electrical steel, of a width < .600 mm, non-grain-oriented
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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