Romania: Aluminium Bar Market Overview 2020

Aluminium Bar Market Size in Romania

The revenue of the aluminium bar market in Romania amounted to $X in 2018, surging by X% against the previous year. Over the period under review, the total market indicated resilient growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium bar consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the aluminium bar market attained its maximum level in 2018 and is likely to see steady growth in the immediate term.

Aluminium Bar Production in Romania

In value terms, aluminium bar production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated a buoyant increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium bar production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when production volume increased by X% year-to-year. Aluminium bar production peaked in 2018 and is expected to retain its growth in the immediate term.

Aluminium Bar Exports

Exports from Romania

In 2018, approx. X tonnes of aluminium bars, rods and profiles were exported from Romania; going down by -X% against the previous year. Over the period under review, aluminium bar exports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, aluminium bar exports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, aluminium bar exports amounted to $X in 2018. Over the period under review, aluminium bar exports continue to indicate a moderate curtailment. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

Germany (X tonnes) was the main destination for aluminium bar exports from Romania, with a X% share of total exports. Moreover, aluminium bar exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tonnes), threefold. The third position in this ranking was occupied by Bulgaria (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Bulgaria (+X% per year).

In value terms, Germany ($X) remains the key foreign market for aluminium bar exports from Romania, comprising X% of total aluminium bar exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2018, the average aluminium bar export price amounted to $X per tonne, growing by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. The export price peaked in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per tonne), while the average price for exports to Greece ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Hungary, while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Bar Imports

Imports into Romania

Aluminium bar imports into Romania stood at X tonnes in 2018, dropping by -X% against the previous year. In general, the total imports indicated a modest expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium bar imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. In that year, aluminium bar imports reached their peak of X tonnes, and then declined slightly in the following year.

In value terms, aluminium bar imports stood at $X in 2018. In general, aluminium bar imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, Germany (X tonnes) constituted the largest aluminium bar supplier to Romania, with a X% share of total imports. Moreover, aluminium bar imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X tonnes), twofold. Italy (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Italy (-X% per year).

In value terms, Germany ($X) constituted the largest supplier of aluminium bar to Romania, comprising X% of total aluminium bar imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports. It was followed by Greece, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Greece (-X% per year).

Import Prices by Country

In 2018, the average aluminium bar import price amounted to $X per tonne, going up by X% against the previous year. Overall, the aluminium bar import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. Over the period under review, the average import prices for aluminium bars, rods and profiles reached their peak figure at $X per tonne in 2008; however, from 2009 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Slovakia ($X per tonne), while the price for Bulgaria ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform