Romania: Market for Iron Or Steel Bridges And Bridge-Sections 2024

Market Size for Iron Or Steel Bridges And Bridge-Sections in Romania

The Romanian iron or steel bridges market dropped to $X in 2023, waning by X% against the previous year. Overall, consumption, however, continues to indicate a perceptible expansion. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Iron Or Steel Bridges And Bridge-Sections in Romania

In value terms, iron or steel bridges production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Iron or steel bridges production peaked at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

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Exports of Iron Or Steel Bridges And Bridge-Sections

Exports from Romania

In 2023, approx. X tons of iron or steel bridges and bridge-sections were exported from Romania; jumping by X% against the year before. Overall, exports, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, iron or steel bridges exports rose remarkably to $X in 2023. In general, exports, however, continue to indicate a mild reduction. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

Norway (X tons), France (X tons) and Germany (X tons) were the main destinations of iron or steel bridges exports from Romania, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron or steel bridges exported from Romania were Norway ($X), Germany ($X) and France ($X), with a combined X% share of total exports.

Among the main countries of destination, Norway, with a CAGR of X%, saw the highest growth rate of 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 2023, the average iron or steel bridges export price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2023: its price increased 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 2023 figures, iron or steel bridges export price increased by X% against 2019 indices. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2022, and then dropped in the following year.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Bridges And Bridge-Sections

Imports into Romania

In 2023, iron or steel bridges imports into Romania dropped remarkably to X tons, which is down by X% compared with the year before. Over the period under review, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, iron or steel bridges imports declined dramatically to $X in 2023. In general, imports, however, saw a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.

Imports by Country

Turkey (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of iron or steel bridges imports to Romania, with a combined X% share of total imports. Luxembourg and Slovakia lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Slovakia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel bridges suppliers to Romania were Turkey ($X), Germany ($X) and Italy ($X), with a combined X% share of total imports.

Among the main suppliers, Turkey, with a CAGR of X%, saw 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

In 2023, the average iron or steel bridges import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price posted a noticeable expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, 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 Germany ($X per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform