Report Update: May 1, 2024

Romania - Radio Remote Control Apparatus - Market Analysis, Forecast, Size, Trends And Insights

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Remote Control Apparatus Price in Romania - 2023

Remote Control Apparatus Price in Romania (FOB) - 2023

In May 2023, the average remote control apparatus export price amounted to $17.4 per unit, growing by 20% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 32% month-to-month. As a result, the export price attained the peak level of $22.6 per unit. From December 2022 to May 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($17.6 per unit), while the average price for exports to Italy stood at $7.6 per unit.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-0.0%).

Remote Control Apparatus Price in Romania (CIF) - 2022

The average remote control apparatus import price stood at $8.4 per unit in 2022, reducing by -22.1% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 53% against the previous year. The import price peaked at $15 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($31 per unit), while the price for Hungary ($4.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Remote Control Apparatus Exports in Romania

In 2022, shipments abroad of radio remote control apparatus decreased by -45.6% to 2.3M units for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 32%. As a result, the exports reached the peak of 4.2M units, and then dropped rapidly in the following year.

In value terms, remote control apparatus exports shrank sharply to $40M in 2022. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of $74M, and then declined dramatically in the following year.

Export of Remote Control Apparatus in Romania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	26.7	30.0	36.4	39.9	14.3%
Others	28.2	31.3	37.4	0.5	-73.9%
Total	54.9	61.3	73.8	40.4	-9.7%

Top Export Markets for Remote Control Apparatus from Romania in 2022:

Germany (2.2M units)

Remote Control Apparatus Imports in Romania

After three years of growth, purchases abroad of radio remote control apparatus decreased by -43.4% to 967K units in 2022. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. As a result, imports reached the peak of 1.7M units, and then fell sharply in the following year.

In value terms, remote control apparatus imports dropped significantly to $8.1M in 2022. Overall, imports faced a dramatic descent. The pace of growth appeared the most rapid in 2021 when imports increased by 4.5% against the previous year. Over the period under review, imports attained the peak figure at $19M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Remote Control Apparatus in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	2,811	1,476	2,345	2,703	-1.3%
Czech Republic	3,478	4,109	2,826	2,287	-13.0%
Italy	537	612	592	629	5.4%
Poland	370	487	499	510	11.3%
France	796	761	460	496	-14.6%
Hungary	182	391	374	244	10.3%
China	185	212	142	166	-3.5%
Netherlands	97.7	174	248	160	17.9%
Others	10,565	9,330	10,863	886	-56.2%
Total	19,022	17,552	18,348	8,081	-24.8%

Top Suppliers of Remote Control Apparatus to Romania in 2022:

Germany (463.8K units)
Italy (138.1K units)
Czech Republic (72.8K units)
France (69.6K units)
Poland (64.2K units)
Hungary (55.7K units)
Netherlands (20.5K units)
China (18.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the remote control apparatus market 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 26512080 - Radio remote control apparatus (including for ships, pilotless aircraft, rockets, missiles, toys, and model ships or aircraft, for machines, for the detonation of mines)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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