Romania - Toothed Wheels, Chain Sprockets and Other Transmission Elements - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 30, 2024

Romania - Toothed Wheels, Chain Sprockets and Other Transmission Elements - Market Analysis, Forecast, Size, Trends And Insights

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Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Romania - 2023

Contents:

  1. Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Romania (FOB) - 2022
  2. Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Romania (CIF) - 2023
  3. Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Romania
  4. Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Romania

Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Romania (FOB) - 2022

The average export price for toothed wheels, chain sprockets and other transmission elements stood at $19,878 per ton in 2022, with an increase of 3.9% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for toothed wheels, chain sprockets and other transmission elements increased by +67.5% against 2015 indices. The pace of growth was the most pronounced in 2020 an increase of 20%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($34,419 per ton), while the average price for exports to Italy ($8,345 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 Lithuania (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Romania (CIF) - 2023

The average import price for toothed wheels, chain sprockets and other transmission elements stood at $11,546 per ton in September 2023, dropping by -10.3% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in August 2023 an increase of 18% against the previous month. As a result, import price reached the peak level of $12,879 per ton, and then contracted in the following month.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the Czech Republic ($22,466 per ton), while the price for India ($5,551 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Romania

In 2022, exports of toothed wheels, chain sprockets and other transmission elements from Romania contracted modestly to 7.3K tons, reducing by -1.7% on the previous year. Overall, exports saw a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 5.8% against the previous year.

In value terms, exports of toothed wheels, chain sprockets and other transmission elements totaled $146M in 2022. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 6.8%.

Export of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany66.759.559.457.6-4.8%
Belgium22.616.417.014.6-13.6%
United Kingdom11.48.39.113.35.3%
Hungary9.48.010.29.0-1.4%
United States7.05.36.68.87.9%
Czech Republic10.411.19.45.7-18.2%
France3.62.73.15.011.6%
Italy2.74.14.74.417.7%
Poland0.22.02.93.6162.1%
China4.04.13.43.6-3.5%
PortugalN/A0.63.43.3134.5%
LithuaniaN/A0.91.32.049.1%
India0.61.71.31.741.5%
Others11.39.011.113.35.6%
Total150134143146-0.9%

Top Export Markets for Toothed Wheels, Chain Sprockets and Other Transmission Elements from Romania in 2022:

  1. Germany (2682.4 tons)
  2. United Kingdom (772.7 tons)
  3. Italy (521.8 tons)
  4. Belgium (478.1 tons)
  5. Czech Republic (327.8 tons)
  6. France (324.5 tons)
  7. Hungary (276.6 tons)
  8. United States (255.9 tons)
  9. Portugal (213.0 tons)
  10. China (203.8 tons)
  11. India (181.9 tons)
  12. Lithuania (176.8 tons)
  13. Poland (157.3 tons)

Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Romania

In 2022, imports of toothed wheels, chain sprockets and other transmission elements into Romania declined markedly to 13K tons, waning by -23.5% compared with the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 57%. As a result, imports reached the peak of 16K tons, and then dropped markedly in the following year.

In value terms, imports of toothed wheels, chain sprockets and other transmission elements dropped to $135M in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of $152M, and then dropped in the following year.

Import of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany36.642.456.751.211.8%
France45.033.234.030.2-12.4%
China11.012.217.014.710.1%
Italy5.99.013.09.818.4%
Switzerland3.23.24.75.721.2%
India3.11.83.63.76.1%
Slovenia7.30.10.20.2-69.9%
Others15.714.722.919.77.9%
Total1281171521351.8%

Top Suppliers of Toothed Wheels, Chain Sprockets and Other Transmission Elements to Romania in 2022:

  1. France (4.5K tons)
  2. Germany (3.9K tons)
  3. China (1.2K tons)
  4. India (0.8K tons)
  5. Italy (0.6K tons)
  6. Switzerland (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for toothed wheels, chain sprockets and other transmission elements 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 28153930 - Parts of bearing housings
  • Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints

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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