Romania: Diagnostic Equipment Market 2024

Diagnostic Equipment Market Size in Romania

The Romanian diagnostic equipment market was estimated at $X in 2022, rising by X% against the previous year. In general, the total consumption indicated prominent growth from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Diagnostic Equipment Production in Romania

In value terms, diagnostic equipment production expanded remarkably to $X in 2022 estimated in export price. Overall, production posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Diagnostic Equipment Exports

Exports from Romania

In 2022, overseas shipments of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus increased by X% to X units, rising for the fifth year in a row after two years of decline. Overall, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, diagnostic equipment exports contracted to $X in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Denmark (X units), Norway (X units) and Hungary (X units) were the main destinations of diagnostic equipment exports from Romania, together accounting for X% of total exports. China, Austria, Germany, Malta, Moldova and Luxembourg lagged somewhat behind, together comprising a further X%.

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

In value terms, Norway ($X), Austria ($X) and China ($X) constituted the largest markets for diagnostic equipment exported from Romania worldwide, together accounting for X% of total exports.

Among the main countries of destination, Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average diagnostic equipment export price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price, however, saw prominent growth. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (X%), while the prices for the other major destinations experienced more modest paces of growth.

Diagnostic Equipment Imports

Imports into Romania

In 2022, purchases abroad of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports saw prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, diagnostic equipment imports contracted slightly to $X in 2022. In general, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped modestly in the following year.

Imports by Country

Italy (X units), Germany (X units) and China (X units) were the main suppliers of diagnostic equipment imports to Romania, together accounting for X% of total imports. The Netherlands, the United States, Hungary, Spain, Poland, Belgium, Austria, France and Slovakia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Austria ($X) appeared to be the largest diagnostic equipment suppliers to Romania, with a combined X% share of total imports. China, Hungary, Italy, the United States, France, Belgium, Spain, Poland and Slovakia lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the average diagnostic equipment import price amounted to $X per unit, dropping by X% against the previous year. Overall, the import price showed a mild setback. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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