Romania: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in Romania

The Romanian positive displacement pump market stood at $X in 2022, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a buoyant increase. Positive displacement pump consumption peaked in 2022 and is likely to continue growth in years to come.

Positive Displacement Pump Exports

Exports from Romania

In 2022, shipments abroad of positive displacement pumps and hand pumps decreased by X% to X units, falling for the second consecutive year after four years of growth. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, positive displacement pump exports declined dramatically to $X in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Moldova (X units) was the main destination for positive displacement pump exports from Romania, accounting for a X% share of total exports. Moreover, positive displacement pump exports to Moldova exceeded the volume sent to the second major destination, China (X units), threefold. Bulgaria (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Moldova amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Bulgaria (X% per year).

In value terms, China ($X) emerged as the key foreign market for positive displacement pumps and hand pumps exports from Romania, comprising X% of total exports. The second position in the ranking was held by Moldova ($X), with a X% share of total exports. It was followed by Bulgaria, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (X% per year) and Bulgaria (X% per year).

Export Prices by Country

The average positive displacement pump export price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Moldova ($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 Bulgaria (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Positive Displacement Pump Imports

Imports into Romania

In 2022, purchases abroad of positive displacement pumps and hand pumps increased by X% to X units, rising for the sixth year in a row after two years of decline. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, positive displacement pump imports totaled $X in 2022. Overall, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest positive displacement pump supplier to Romania, with a X% share of total imports. Moreover, positive displacement pump imports from China exceeded the figures recorded by the second-largest supplier, Hungary (X units), sixfold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Germany (X% per year).

In value terms, the largest positive displacement pump suppliers to Romania were China ($X), Germany ($X) and Hungary ($X), with a combined X% share of total imports.

China, with a CAGR of X%, saw 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 positive displacement pump import price amounted to $X per unit, which is down by X% against the previous year. In general, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average 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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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