Romania - Tools Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Tool Price in Romania - 2023
Contents:
- Wood Tool Price in Romania (FOB) - 2023
- Wood Tool Price in Romania (CIF) - 2022
- Wood Tool Exports in Romania
- Wood Tool Imports in Romania
Wood Tool Price in Romania (FOB) - 2023
The average wood tool export price stood at $2,587 per ton in July 2023, rising by 2.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. The pace of growth was the most pronounced in August 2022 when the average export price increased by 34% m-o-m. Over the period under review, the average export prices attained the peak figure at $2,997 per ton in December 2022; however, from January 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Germany ($2,895 per ton), while the average price for exports to Montenegro ($1,355 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 Serbia (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Tool Price in Romania (CIF) - 2022
In 2022, the average wood tool import price amounted to $1,462 per ton, growing by 4.2% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood tool import price increased by +69.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 28% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,312 per ton), while the price for Vietnam ($880 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Tool Exports in Romania
In 2022, approx. 1.6K tons of tools of wood were exported from Romania; picking up by 31% compared with 2021. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, wood tool exports soared to $3.7M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Wood Tool in Romania (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 776 | 1,040 | 1,602 | 1,855 | 33.7% |
Italy | 462 | 837 | 794 | 995 | 29.1% |
Netherlands | 16.3 | 9.3 | 89.9 | 323 | 170.6% |
Austria | 305 | 258 | 224 | 187 | -15.0% |
Hungary | 93.2 | 101 | 198 | 126 | 10.6% |
Moldova | 19.6 | 30.8 | 36.8 | 32.3 | 18.1% |
Others | 318 | 111 | 145 | 135 | -24.8% |
Total | 1,991 | 2,387 | 3,090 | 3,655 | 22.4% |
Top Export Markets for Wood Tool from Romania in 2022:
- Germany (770.3 tons)
- Italy (556.6 tons)
- Netherlands (118.4 tons)
- Austria (80.3 tons)
- Hungary (74.9 tons)
- Moldova (21.6 tons)
Wood Tool Imports in Romania
In 2022, overseas purchases of tools of wood increased by 31% to 2.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt shrinkage.
In value terms, wood tool imports skyrocketed to $3.3M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 +50.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Wood Tool in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,063 | 874 | 1,003 | 1,629 | 15.3% |
Italy | 394 | 428 | 387 | 431 | 3.0% |
Germany | 279 | 309 | 335 | 377 | 10.6% |
Poland | 196 | 150 | 192 | 263 | 10.3% |
Ukraine | 149 | 127 | 224 | 219 | 13.7% |
Vietnam | N/A | N/A | N/A | 73.9 | 0% |
Russia | 115 | 75.6 | 61.1 | 41.3 | -28.9% |
Others | 266 | 248 | 250 | 303 | 4.4% |
Total | 2,462 | 2,211 | 2,452 | 3,337 | 10.7% |
Top Suppliers of Wood Tool to Romania in 2022:
- China (1569.9 tons)
- Italy (180.6 tons)
- Ukraine (165.7 tons)
- Poland (103.4 tons)
- Vietnam (84.0 tons)
- Germany (51.5 tons)
- Russia (25.5 tons)
This report provides an in-depth analysis of the wood tool 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 16291130 - Tools, tool bodies and handles and broom or brush bodies and handles of wood, boot and shoe lasts and trees of wood
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
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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
This report provides an in-depth analysis of the wood tool market in Romania.
This report provides an in-depth analysis of the global wood tool market.
This report provides an in-depth analysis of the wood tool market in Romania.
This report provides an in-depth analysis of the global wood tool market.
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