Romania - Stranded Wire, Ropes And Cables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStranded Wire Price in Romania - 2023
Contents:
- Stranded Wire Price in Romania (FOB) - 2023
- Stranded Wire Price in Romania (CIF) - 2023
- Stranded Wire Exports in Romania
- Stranded Wire Imports in Romania
Stranded Wire Price in Romania (FOB) - 2023
In July 2023, the average stranded wire export price amounted to $3,332 per ton, remaining constant against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 18% m-o-m. The export price peaked in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($3,976 per ton), while the average price for exports to Serbia ($2,446 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 Canada (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Stranded Wire Price in Romania (CIF) - 2023
In July 2023, the average stranded wire import price amounted to $2,875 per ton, with a decrease of -19.3% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 22% m-o-m. Over the period under review, average import prices hit record highs at $3,605 per ton in May 2023; however, from June 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was India ($22,859 per ton), while the price for Hungary ($1,365 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Stranded Wire Exports in Romania
In 2022, the amount of stranded wire, ropes and cables exported from Romania shrank slightly to 91K tons, with a decrease of -2.8% compared with 2021 figures. The total export volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. As a result, the exports reached the peak of 93K tons, and then declined slightly in the following year.
In value terms, stranded wire exports skyrocketed to $300M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +68.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 38%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Stranded Wire in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 40.8 | 34.9 | 52.4 | 66.4 | 17.6% |
| United States | 18.7 | 19.5 | 34.9 | 49.7 | 38.5% |
| Spain | 26.3 | 24.3 | 26.3 | 33.8 | 8.7% |
| Italy | 16.8 | 19.1 | 22.3 | 30.9 | 22.5% |
| Slovakia | 13.9 | 14.6 | 25.3 | 28.5 | 27.0% |
| Czech Republic | 18.9 | 15.7 | 22.7 | 28.2 | 14.3% |
| France | 13.8 | 8.8 | 11.8 | 9.9 | -10.5% |
| Hungary | 3.3 | 3.8 | 6.0 | 9.2 | 40.7% |
| Canada | 4.1 | 3.9 | 6.7 | 8.1 | 25.5% |
| Poland | 3.6 | 2.4 | 7.0 | 8.1 | 31.0% |
| United Kingdom | 8.2 | 7.6 | 10.7 | 7.8 | -1.7% |
| Serbia | 0.2 | 1.6 | 1.8 | 7.1 | 228.7% |
| Egypt | 8.6 | 6.2 | N/A | N/A | -27.9% |
| Others | 21.7 | 15.8 | 18.4 | 12.5 | -16.8% |
| Total | 199 | 178 | 246 | 300 | 14.7% |
Top Export Markets for Stranded Wire from Romania in 2022:
- Germany (19.6K tons)
- United States (13.8K tons)
- Czech Republic (10.0K tons)
- Slovakia (10.0K tons)
- Spain (9.3K tons)
- Italy (8.3K tons)
- France (3.4K tons)
- Hungary (2.9K tons)
- Serbia (2.8K tons)
- Canada (2.7K tons)
- United Kingdom (2.6K tons)
- Poland (2.0K tons)
Stranded Wire Imports in Romania
In 2022, approx. 51K tons of stranded wire, ropes and cables were imported into Romania; jumping by 24% against the previous year's figure. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, stranded wire imports surged to $165M in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 54%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Stranded Wire in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 15.5 | 13.4 | 22.0 | 30.4 | 25.2% |
| China | 7.9 | 11.2 | 19.1 | 29.2 | 54.6% |
| South Korea | 7.9 | 6.5 | 11.0 | 14.9 | 23.6% |
| Italy | 7.8 | 8.1 | 14.4 | 14.5 | 23.0% |
| France | 4.2 | 5.6 | 9.9 | 13.2 | 46.5% |
| Hungary | 10.6 | 8.5 | 12.1 | 11.7 | 3.3% |
| Germany | 4.2 | 3.6 | 5.6 | 7.6 | 21.9% |
| Bulgaria | 1.0 | 2.8 | 4.1 | 7.0 | 91.3% |
| Egypt | N/A | N/A | N/A | 5.3 | 0% |
| Ukraine | 0.1 | 2.2 | 4.3 | 4.7 | 260.9% |
| Belarus | 8.5 | 6.9 | 7.0 | 4.0 | -22.2% |
| Slovakia | 6.0 | 4.0 | 2.8 | 2.0 | -30.7% |
| Others | 11.5 | 9.6 | 14.6 | 20.2 | 20.7% |
| Total | 85.2 | 82.4 | 127 | 165 | 24.6% |
Top Suppliers of Stranded Wire to Romania in 2022:
- China (8.8K tons)
- Turkey (8.7K tons)
- Hungary (6.8K tons)
- South Korea (4.9K tons)
- Italy (4.4K tons)
- Egypt (3.6K tons)
- Ukraine (2.8K tons)
- Germany (2.6K tons)
- Belarus (2.0K tons)
- France (1.8K tons)
- Slovakia (0.8K tons)
- Bulgaria (0.7K tons)
This report provides an in-depth analysis of the stranded wire 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 25931130 - Iron or steel stranded wire, ropes and cables (including stranded wires and wire ropes with or without attached fittings not electrically insulated) (excluding electrically insulated)
- Prodcom 25931150 - Iron or steel plaited bands, slings and the like (excluding electrically insulated)
- Prodcom 25931250 - Copper stranded wire, cables, plaited bands and the like excluding electrically insulated, barbed wire and loosely twisted non-barbed double fencing wire, insulated electric wire and cables
- Prodcom 25931270 - Aluminium stranded wire, cables, plaited bands and the like excluding electrically insulated, barbed wire and loosely twisted non-barbed double fencing wire, insulated electric wire and cables
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
-
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
449
This report provides an in-depth analysis of the stranded wire market in Romania.
298
This report provides an in-depth analysis of the steel stranded wire market in Romania.
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This report provides an in-depth analysis of the steel plaited band market in Romania.
960
This report provides an in-depth analysis of the global stranded wire market.
548
This report provides an in-depth analysis of the global steel stranded wire market.
401
This report provides an in-depth analysis of the global steel plaited band market.
449
This report provides an in-depth analysis of the stranded wire market in Romania.
298
This report provides an in-depth analysis of the steel stranded wire market in Romania.
273
This report provides an in-depth analysis of the steel plaited band market in Romania.
960
This report provides an in-depth analysis of the global stranded wire market.
223
Explore the top import markets for stranded wire, including the United States, Germany, Canada, and more. Find out key statistics and market insights using the IndexBox market intelligence platform.
890
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
947
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
131
Explore the top import markets for steel stranded wire in the world, including key statistics and trends.
223
Explore the top import markets for stranded wire, including the United States, Germany, Canada, and more. Find out key statistics and market insights using the IndexBox market intelligence platform.
890
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
947
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
131
Explore the top import markets for steel stranded wire in the world, including key statistics and trends.
