Romania: Market for Articles Of Non-Malleable Cast Iron 2024

Market Size for Articles Of Non-Malleable Cast Iron in Romania

The Romanian non-malleable cast iron articles market declined to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt decline. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Exports of Articles Of Non-Malleable Cast Iron

Exports from Romania

In 2022, approx. X tons of articles of non-malleable cast iron were exported from Romania; dropping by X% on the previous year's figure. Overall, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-malleable cast iron articles exports contracted markedly to $X in 2022. In general, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for non-malleable cast iron articles exports from Romania, with a X% share of total exports. Moreover, non-malleable cast iron articles exports to Germany exceeded the volume sent to the second major destination, Hungary (X tons), threefold. Slovenia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Slovenia (X% per year).

In value terms, Germany ($X) remains the key foreign market for articles of non-malleable cast iron exports from Romania, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports. It was followed by Slovenia, with an X% share.

From 2012 to 2022, 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: Hungary (X% per year) and Slovenia (X% per year).

Export Prices by Country

The average non-malleable cast iron articles export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-malleable cast iron articles export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Austria ($X 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 Slovenia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Non-Malleable Cast Iron

Imports into Romania

In 2022, non-malleable cast iron articles imports into Romania shrank to X tons, declining by X% on the year before. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, non-malleable cast iron articles imports fell to $X in 2022. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Czech Republic (X tons), Bulgaria (X tons) and Poland (X tons) were the main suppliers of non-malleable cast iron articles imports to Romania, with a combined X% share of total imports. Turkey, Germany, China, France, Brazil, Russia, Italy, Ukraine, Belgium and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-malleable cast iron articles suppliers to Romania were the Czech Republic ($X), Bulgaria ($X) and France ($X), with a combined X% share of total imports. Poland, Italy, Germany, China, Turkey, Russia, Ukraine, Brazil, Belgium and Spain lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Russia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-malleable cast iron articles import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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