Romania: Overhead Travelling Crane Market 2024

Overhead Travelling Crane Market Size in Romania

In 2022, the Romanian overhead travelling crane market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption posted a buoyant expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Overhead Travelling Crane Production in Romania

In value terms, overhead travelling crane production reduced to $X in 2022 estimated in export price. Overall, production posted a buoyant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Overhead Travelling Crane Exports

Exports from Romania

Overhead travelling crane exports from Romania shrank remarkably to X units in 2022, which is down by X% compared with the year before. In general, exports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, overhead travelling crane exports reduced sharply to $X in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), Bulgaria (X units) and Saudi Arabia (X units) were the main destinations of overhead travelling crane exports from Romania, with a combined X% share of total exports.

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

In value terms, Germany ($X) emerged as the key foreign market for overhead travelling cranes on fixed support exports from Romania, comprising X% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a X% share of total exports. It was followed by Morocco, with a X% share.

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

Export Prices by Country

The average overhead travelling crane export price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the export price, however, recorded strong growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then declined notably in the following year.

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

Overhead Travelling Crane Imports

Imports into Romania

In 2022, after two years of decline, there was significant growth in purchases abroad of overhead travelling cranes on fixed support, when their volume increased by X% to X units. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, overhead travelling crane imports declined to $X in 2022. In general, imports, however, showed a slight shrinkage. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Finland (X units) constituted the largest overhead travelling crane supplier to Romania, with a X% share of total imports. Moreover, overhead travelling crane imports from Finland exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. Turkey (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Finland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

In value terms, Finland ($X), Italy ($X) and Hungary ($X) were the largest overhead travelling crane suppliers to Romania, together comprising X% of total imports.

Among the main suppliers, Finland, with a CAGR of X%, recorded the highest rates of growth with regard to 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 overhead travelling crane import price stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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