Romania: Market for Self-Propelled Fork-Lift Trucks with Non-Electric Motor 2024

Market Size for Self-Propelled Fork-Lift Trucks with Non-Electric Motor in Romania

In 2022, the Romanian self-propelled non-electric fork-lift truck market increased by X% to $X, rising for the sixth year in a row after two years of decline. Over the period under review, consumption recorded measured growth. Self-propelled non-electric fork-lift truck consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Self-Propelled Fork-Lift Trucks with Non-Electric Motor in Romania

In value terms, self-propelled non-electric fork-lift truck production expanded remarkably to $X in 2022 estimated in export price. In general, production, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Self-Propelled Fork-Lift Trucks with Non-Electric Motor

Exports from Romania

In 2022, overseas shipments of self-propelled fork-lift trucks with non-electric motor decreased by X% to X units, falling for the fourth year in a row after two years of growth. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, self-propelled non-electric fork-lift truck exports dropped markedly to $X in 2022. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Bulgaria (X units) was the main destination for self-propelled non-electric fork-lift truck exports from Romania, with a X% share of total exports. Moreover, self-propelled non-electric fork-lift truck exports to Bulgaria exceeded the volume sent to the second major destination, Moldova (X units), twofold. The third position in this ranking was taken by Hungary (X units), with a X% share.

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

In value terms, Bulgaria ($X) emerged as the key foreign market for self-propelled fork-lift trucks with non-electric motor exports from Romania, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with an X% share of total exports. It was followed by Hungary, with a X% share.

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

Export Prices by Country

The average self-propelled non-electric fork-lift truck export price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2021, and then contracted notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while the average price for exports to Egypt ($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.

Imports of Self-Propelled Fork-Lift Trucks with Non-Electric Motor

Imports into Romania

In 2022, purchases abroad of self-propelled fork-lift trucks with non-electric motor increased by X% to X units, rising for the second consecutive year after two years of decline. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, self-propelled non-electric fork-lift truck imports soared to $X in 2022. Overall, imports posted a strong increase. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X units), Bulgaria (X units) and Sweden (X units) were the main suppliers of self-propelled non-electric fork-lift truck imports to Romania, together comprising X% of total imports. Germany, France, the Netherlands, the UK and Belgium lagged somewhat behind, together comprising a further X%.

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

In value terms, France ($X), Bulgaria ($X) and Germany ($X) constituted the largest self-propelled non-electric fork-lift truck suppliers to Romania, with a combined X% share of total imports.

Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 self-propelled non-electric fork-lift truck import price amounted to $X per unit, increasing by X% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, self-propelled non-electric fork-lift truck import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform

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