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Romania - Electrical Insulating Fittings Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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Romania: Electrical Insulating Fittings Market Overview 2021

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Electrical Insulating Fittings Market Size in Romania

In 2020, the Romanian electrical insulating fittings market decreased by -X% to $X, falling for the third consecutive year after three years of growth. In general, consumption recorded a slight curtailment. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2020, consumption failed to regain the momentum.

Electrical Insulating Fittings Exports

Exports from Romania

In 2020, after seven years of growth, there was significant decline in shipments abroad of electrical insulating fittings of plastics, when their volume decreased by -X% to X units. Over the period under review, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X units in 2019, and then fell in the following year.

In value terms, electrical insulating fittings exports contracted to $X in 2020. In general, exports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2019, and then contracted in the following year.

Exports by Country

Ukraine (X units), Moldova (X units) and Serbia (X units) were the main destinations of electrical insulating fittings exports from Romania, with a combined X% share of total exports. These countries were followed by Egypt, Germany, Hungary and the Czech Republic, which together accounted for a further X 2007 to 2020, the biggest increases were in the Czech Republic (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electrical insulating fittings exported from Romania were Ukraine ($X), Moldova ($X) and Serbia ($X), with a combined X% share of total exports.

Serbia (+X% per year) saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electrical insulating fittings export price stood at $X per unit in 2020, surging by X% against the previous year. Overall, export price indicated a measured expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, electrical insulating fittings export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. The export price peaked at $X per unit in 2010; however, from 2011 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Serbia, while the prices for the other major destinations experienced more modest paces of growth.

Electrical Insulating Fittings Imports

Imports into Romania

In 2020, overseas purchases of electrical insulating fittings of plastics decreased by -X% to X units, falling for the third consecutive year after three years of growth. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, electrical insulating fittings imports declined to $X in 2020. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X units), Austria (X units) and the Czech Republic (X units) were the main suppliers of electrical insulating fittings imports to Romania, together accounting for X% of total imports. Hungary, Belgium, France and Italy lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Belgium, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electrical insulating fittings to Romania, comprising X% of total imports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Germany stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+X% per year) and Austria (+X% per year).

Import Prices by Country

The average electrical insulating fittings import price stood at $X per unit in 2020, increasing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per unit. From 2014 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Czech Republic ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical insulating fittings of plastics in the world?
+
The countries with the highest volumes of electrical insulating fittings consumption in 2020 were China (79M units), the U.S. (46M units) and India (29M units), with a combined 44% share of global consumption. These countries were followed by Japan, Germany, the Czech Republic, Nigeria, Mexico, Morocco, France, South Korea, Romania and Italy, which together accounted for a further 27%.
What are the largest producers of electrical insulating fittings of plastics in the world?
+
The countries with the highest volumes of electrical insulating fittings production in 2020 were China (76M units), the U.S. (45M units) and Germany (32M units), with a combined 47% share of global production. These countries were followed by Japan, India, South Korea, Nigeria, Austria, France, Italy and Hungary, which together accounted for a further 33%.
What are the leading suppliers of electrical insulating fittings of plastics to Romania?
+
In value terms, Germany ($96M) constituted the largest supplier of electrical insulating fittings to Romania, comprising 44% of total imports. The second position in the ranking was occupied by the Czech Republic ($34M), with a 16% share of total imports. It was followed by Austria, with a 12% share.
What are the leading importers of electrical insulating fittings of plastics from Romania?
+
In value terms, the largest markets for electrical insulating fittings exported from Romania were Ukraine ($25M), Moldova ($19M) and Serbia ($16M), together accounting for 79% of total exports.
What is the average export price for electrical insulating fittings of plastics in Romania?
+
In 2020, the average electrical insulating fittings export price amounted to $28 per unit, with an increase of 3.1% against the previous year.
What is the average import price for electrical insulating fittings of plastics in Romania?
+
In 2020, the average electrical insulating fittings import price amounted to $24 per unit, with an increase of 2.8% against the previous year.

Product coverage:
• Prodcom 27331430 - Insulating fittings of plastic, for electrical machines, a ppliances or equipment (excluding electrical insulators)

This report provides an in-depth analysis of the electrical insulating fittings 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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