Romania - Safety Seat Belts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Seat Belt Price in Romania - 2023
Contents:
- Safety Seat Belt Price in Romania (FOB) - 2023
- Safety Seat Belt Price in Romania (CIF) - 2023
- Safety Seat Belt Exports in Romania
- Safety Seat Belt Imports in Romania
Safety Seat Belt Price in Romania (FOB) - 2023
In July 2023, the average safety seat belt export price amounted to $7.1 per unit, with an increase of 1.6% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 16% against the previous month. As a result, the export price reached the peak level of $7.6 per unit. From January 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Turkey ($9.2 per unit), while the average price for exports to Spain ($6.0 per unit) 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 Italy (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Safety Seat Belt Price in Romania (CIF) - 2023
The average safety seat belt import price stood at $8.2 per unit in July 2023, almost unchanged from the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in November 2022 when the average import price increased by 14% against the previous month. The import price peaked at $8.3 per unit in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was the Czech Republic ($9.2 per unit), while the price for Poland ($7.8 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Safety Seat Belt Exports in Romania
In 2022, after two years of decline, there was growth in shipments abroad of safety seat belts, when their volume increased by 0.2% to 62M units. Over the period under review, exports, however, showed a abrupt setback. The exports peaked at 81M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, safety seat belt exports shrank to $405M in 2022. In general, exports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 5.1% against the previous year. Over the period under review, the exports attained the peak figure at $514M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Safety Seat Belt in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 113 | 105 | 105 | 85.7 | -8.8% |
| Spain | 112 | 84.4 | 82.1 | 78.4 | -11.2% |
| Czech Republic | 54.5 | 49.6 | 58.2 | 58.2 | 2.2% |
| Slovakia | 41.5 | 36.5 | 42.2 | 36.8 | -3.9% |
| France | 20.2 | 19.3 | 26.1 | 32.5 | 17.2% |
| Morocco | 8.1 | 6.2 | 13.7 | 17.1 | 28.3% |
| Hungary | 21.5 | 13.8 | 14.7 | 15.7 | -9.9% |
| Turkey | 18.8 | 16.0 | 16.9 | 13.6 | -10.2% |
| Poland | 8.2 | 13.7 | 9.8 | 13.2 | 17.2% |
| United Kingdom | 44.5 | 27.2 | 15.7 | 10.5 | -38.2% |
| Sweden | 12.2 | 10.5 | 11.4 | 9.6 | -7.7% |
| Belgium | 18.8 | 11.1 | 10.4 | 8.5 | -23.2% |
| Russia | 13.5 | 10.4 | 14.1 | 4.0 | -33.3% |
| Others | 27.1 | 17.1 | 22.0 | 21.2 | -7.9% |
| Total | 514 | 421 | 442 | 405 | -7.6% |
Top Export Markets for Safety Seat Belt from Romania in 2022:
- Germany (13.9M units)
- Spain (13.9M units)
- Czech Republic (6.4M units)
- Slovakia (5.7M units)
- France (5.5M units)
- Hungary (2.8M units)
- Morocco (2.5M units)
- Sweden (1.8M units)
- Turkey (1.7M units)
- Poland (1.6M units)
- Belgium (1.6M units)
- United Kingdom (1.3M units)
- Russia (0.6M units)
Safety Seat Belt Imports in Romania
In 2022, safety seat belt imports into Romania surged to 5.9M units, growing by 68% on the previous year. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, safety seat belt imports surged to $42M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +88.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Safety Seat Belt in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2.6 | 1.1 | 7.6 | 19.3 | 95.1% |
| Poland | 13.8 | 15.1 | 13.5 | 15.0 | 2.8% |
| Czech Republic | 9.5 | 4.7 | 5.4 | 5.3 | -17.7% |
| Others | 3.7 | 1.4 | 2.3 | 2.3 | -14.7% |
| Total | 29.6 | 22.3 | 28.8 | 41.9 | 12.3% |
Top Suppliers of Safety Seat Belt to Romania in 2022:
- Turkey (3.0M units)
- Poland (2.2M units)
- Czech Republic (0.6M units)
This report provides an in-depth analysis of the safety seat belt 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 29322030 - Safety seat belts
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
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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