Romania: Non-Electric Bakery Oven Market 2023

Non-Electric Bakery Oven Market Size in Romania

In 2022, the Romanian non-electric bakery oven market decreased by -31.1% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption saw a mild descent. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Non-Electric Bakery Oven Production in Romania

In value terms, non-electric bakery oven production stood at less than $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern.

Non-Electric Bakery Oven Exports

Exports from Romania

In 2022, overseas shipments of non-electric bakery ovens decreased by -88.5% to X units, falling for the third consecutive year after three years of growth. Overall, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2019 when exports increased by 1,857% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-electric bakery oven exports reduced notably to $X in 2022. In general, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 1,070%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Armenia (X units) and Moldova (X units) were the main destinations of non-electric bakery oven exports from Romania. Moreover, non-electric bakery oven exports in Armenia exceeded the figures recorded by the second-largest exporter, Moldova, twofold.

From 2012 to 2022, the biggest increases were recorded for Armenia (with a CAGR of 0.0%).

In value terms, Armenia ($X) emerged as the key foreign market for non-electric bakery ovens exports from Romania, comprising 69% of total exports. The second position in the ranking was taken by Moldova ($X), with a 31% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Armenia was relatively modest.

Export Prices by Country

The average non-electric bakery oven export price stood at $X per unit in 2022, jumping by 175% against the previous year. Overall, the export price posted perceptible growth. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per unit), while the average price for exports to Armenia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+505.4%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Electric Bakery Oven Imports

Imports into Romania

In 2022, overseas purchases of non-electric bakery ovens decreased by -23.5% to X units, falling for the second year in a row after three years of growth. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 93% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, non-electric bakery oven imports reduced rapidly to $X in 2022. Overall, imports continue to indicate a pronounced downturn. The growth pace was the most rapid in 2019 when imports increased by 81%. Imports peaked at $X in 2021, and then declined rapidly in the following year.

Imports by Country

Italy (X units), the Netherlands (X units) and Bulgaria (X units) were the main suppliers of non-electric bakery oven imports to Romania, together comprising 72% of total imports. The Czech Republic, Denmark, Greece, Germany, Spain and Serbia lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +1,450.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of non-electric bakery ovens to Romania, comprising 46% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 22% share of total imports. It was followed by Denmark, with a 9.3% share.

From 2012 to 2022, the average annual growth rate of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+46.4% per year) and Denmark (+78.5% per year).

Import Prices by Country

The average non-electric bakery oven import price stood at $X per unit in 2022, dropping by -22.4% against the previous year. In general, the import price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2017 when the average import price increased by 64%. The import price peaked at $X per unit in 2014; however, from 2015 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 Slovenia ($X per unit), while the price for Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+11.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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