Report Update: May 1, 2024

Romania - Taps, Cocks, Valves And Similar Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Tap and Valve Price in Romania - 2023

Tap and Valve Price in Romania (CIF) - 2022

In 2022, the average tap and valve import price amounted to $17,140 per ton, shrinking by -1.6% 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 2013 an increase of 15% against the previous year. As a result, import price attained the peak level of $18,053 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($26,355 per ton), while the price for China ($8,937 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Tap and Valve Price in Romania (FOB) - 2022

The average tap and valve export price stood at $23,746 per ton in 2022, declining by -9.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2014 an increase of 15% against the previous year. Over the period under review, the average export prices reached the peak figure at $26,196 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($48,042 per ton), while the average price for exports to the United States ($13,868 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 Hungary (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Tap and Valve Imports in Romania

For the fourth consecutive year, Romania recorded growth in purchases abroad of taps, cocks, valves and similar appliances, which increased by 4.4% to 27K tons in 2022. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 9.4% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, tap and valve imports rose slightly to $463M in 2022. The total import value increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Tap and Valve in Romania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	79.1	82.2	103	104	9.6%
Italy	63.5	63.8	90.7	91.7	13.0%
China	43.5	49.0	62.2	65.0	14.3%
Poland	27.1	30.2	40.9	43.4	17.0%
Finland	1.1	0.4	0.9	13.3	129.5%
France	16.2	14.0	15.3	13.2	-6.6%
Austria	11.3	10.5	14.8	12.1	2.3%
Hungary	11.2	9.6	12.6	11.3	0.3%
Turkey	7.4	9.4	11.0	10.5	12.4%
Czech Republic	12.4	10.5	9.6	9.8	-7.5%
Slovenia	4.2	6.3	9.3	7.4	20.8%
Spain	7.9	6.1	6.5	7.0	-4.0%
Others	78.2	68.5	74.2	74.8	-1.5%
Total	363	361	451	463	8.4%

Top Suppliers of Tap and Valve to Romania in 2022:

China (7.3K tons)
Italy (5.0K tons)
Germany (3.9K tons)
Poland (3.4K tons)
Turkey (0.9K tons)
France (0.8K tons)
Finland (0.7K tons)
Austria (0.6K tons)
Czech Republic (0.5K tons)
Slovenia (0.5K tons)
Hungary (0.5K tons)
Spain (0.5K tons)

Tap and Valve Exports in Romania

For the fourth consecutive year, Romania recorded growth in overseas shipments of taps, cocks, valves and similar appliances, which increased by 17% to 16K tons in 2022. The total export volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tap and valve exports expanded remarkably to $391M in 2022. The total export value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Tap and Valve in Romania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	47.2	47.5	71.2	69.7	13.9%
United States	28.7	11.8	21.0	55.2	24.4%
United Kingdom	8.4	21.6	30.6	30.8	54.2%
Italy	25.7	20.1	24.2	28.6	3.6%
Saudi Arabia	13.9	27.1	42.8	19.8	12.5%
Turkey	8.6	13.9	14.7	15.9	22.7%
Qatar	1.1	5.0	7.0	12.3	123.6%
Iraq	2.1	N/A	2.7	11.7	77.3%
Slovakia	6.2	7.7	9.2	9.3	14.5%
Spain	8.8	8.5	6.5	8.6	-0.8%
France	7.8	6.9	8.3	7.5	-1.3%
Canada	8.4	7.8	3.8	6.9	-6.3%
Hungary	8.2	6.7	8.0	6.9	-5.6%
Others	122	134	119	108	-4.0%
Total	297	319	369	391	9.6%

Top Export Markets for Tap and Valve from Romania in 2022:

United States (4.0K tons)
Germany (3.3K tons)
Italy (1.2K tons)
Saudi Arabia (0.8K tons)
United Kingdom (0.6K tons)
Iraq (0.6K tons)
Turkey (0.5K tons)
Slovakia (0.5K tons)
Canada (0.4K tons)
France (0.4K tons)
Qatar (0.3K tons)
Hungary (0.3K tons)
Spain (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tap and valve 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 28121420 - Pneumatic filters, regulators and lubricators
Prodcom 28121450 - Valves for the control of oleohydraulic power transmission for pipes, boiler shells, tanks, vats and the like
Prodcom 28121480 - Valves for the control of pneumatic power transmission for pipes, boiler shells, tanks, vats and the like
Prodcom 28141120 - Pressure-reducing valves of cast iron or steel, for pipes, b oiler shells, tanks, vats and the like (excluding those combined with lubricators or filters)
Prodcom 28141140 - Pressure-reducing valves for pipes, boiler shells, tanks, vats and the like (excluding of cast iron or steel, those combined with filters or lubricators)
Prodcom 28141160 - Check valves for pipes, boiler shells, tanks, vats and the like
Prodcom 28141170 - Valves for pneumatic tyres and inner-tubes
Prodcom 28141180 - Safety or relief valves for pipes, boiler shells, tanks, vats and the like
Prodcom 28141233 - Mixing valves for sinks, wash basins, bidets, water cisterns etc. excluding valves for pressure-reducing or oleohydraulic/pneumatic power transmissions, check valves, s afety/relief valves
Prodcom 28141235 - Taps, cocks and valves for sinks, wash basins, bidets, water cisterns etc. excluding valves for pressurereducing/ oleohydraulic transmissions, check, safety, relief and mixing valves
Prodcom 28141253 - Central heating radiator thermostatic valves
Prodcom 28141255 - Central heating radiator valves, other
Prodcom 28141313 - Other process control valves, temperature regulators
Prodcom 28141315 - Process control valves for pipes, boiler shells, tanks etc. excluding valves for pressure-reducing or oleohydraulic/pneumatic power transmissions, check, s afety/relief valves, temp. regulators
Prodcom 28141333 - Other gate valves, of cast iron
Prodcom 28141335 - Other gate valves, of steel
Prodcom 28141337 - Other gate valves, other
Prodcom 28141353 - Globe valves, of cast iron
Prodcom 28141355 - Globe valves, of steel
Prodcom 28141357 - Other globe valves
Prodcom 28141373 - Ball and plug valves
Prodcom 28141375 - Butterfly valves
Prodcom 28141377 - Diaphragm valves
Prodcom 28141380 - Other appliances

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