Romania: Stone Sawing Machine Market 2023

Stone Sawing Machine Market Size in Romania

In 2021, the Romanian stone sawing machine market increased by 26% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption posted a buoyant increase. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Stone Sawing Machine Exports

Exports from Romania

In 2021, overseas shipments of sawing machines for working stone, ceramics and concrete decreased by -30.9% to X units, falling for the second year in a row after four years of growth. Overall, exports, however, enjoyed a measured increase. The pace of growth was the most pronounced in 2013 when exports increased by 111% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, stone sawing machine exports rose markedly to $X in 2021. In general, exports, however, saw a notable increase. The pace of growth appeared the most rapid in 2014 with an increase of 170% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Luxembourg (X units), Hungary (X units) and Bulgaria (X units) were the main destinations of stone sawing machine exports from Romania, together accounting for 55% of total exports. These countries were followed by Albania, Moldova, Tunisia, Italy and Serbia, which together accounted for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Albania (with a CAGR of +61.0%), while the other leaders experienced more modest paces of growth.

In value terms, Luxembourg ($X) emerged as the key foreign market for sawing machines for working stone, ceramics and concrete exports from Romania, comprising 36% of total exports. The second position in the ranking was held by Hungary ($X), with a 15% share of total exports. It was followed by Bulgaria, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Luxembourg stood at +6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+20.9% per year) and Bulgaria (-4.8% per year).

Export Prices by Country

The average stone sawing machine export price stood at $X per unit in 2021, jumping by 64% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 323% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Luxembourg ($X per unit), while the average price for exports to Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+2,337.7%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Sawing Machine Imports

Imports into Romania

In 2021, overseas purchases of sawing machines for working stone, ceramics and concrete increased by 8.7% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports continue to indicate a measured expansion. The pace of growth appeared the most rapid in 2015 with an increase of 94%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, stone sawing machine imports soared to $X in 2021. Over the period under review, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2018 when imports increased by 218%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Italy (X units) and Germany (X units) were the main suppliers of stone sawing machine imports to Romania, together accounting for 80% of total imports. Denmark, Spain, Turkey and Hungary lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +54.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of sawing machines for working stone, ceramics and concrete to Romania, comprising 43% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.6% per year) and Germany (+20.8% per year).

Import Prices by Country

In 2021, the average stone sawing machine import price amounted to $X per unit, with an increase of 16% against the previous year. Overall, the import price posted resilient growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 107% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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