Romania: Shipping Market 2024

Shipping Market Size in Romania

After two years of growth, the Romanian shipping market decreased by X% to $X in 2022. Over the period under review, consumption posted a significant expansion. Over the period under review, the market hit record highs at $X in 2021, and then reduced dramatically in the following year.

Shipping Production in Romania

In value terms, shipping production shrank rapidly to $X in 2022 estimated in export price. In general, production, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X,727,500% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Shipping Exports

Exports from Romania

In 2022, shipments abroad of ships, vessels, ferry-boats for the transport of persons decreased by X% to X units, falling for the third consecutive year after two years of growth. Overall, exports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, shipping exports dropped sharply to $X in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then reduced dramatically in the following year.

Exports by Country

Italy (X units) and the Netherlands (X units) were the main destinations of shipping exports from Romania. Moreover, shipping exports in Italy exceeded the figures recorded by the second-largest exporter, the Netherlands, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of X%).

In value terms, Italy ($X) emerged as the key foreign market for ships, vessels, ferry-boats for the transport of persons exports from Romania, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy stood at X%.

Export Prices by Country

In 2022, the average shipping export price amounted to $X,631 per unit, falling by X% against the previous year. Overall, the export price, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked at $X,182 per unit in 2021, and then shrank dramatically 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 Italy ($X,577 per unit), while the average price for exports to the Netherlands totaled $X,739 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Shipping Imports

Imports into Romania

In 2022, purchases abroad of ships, vessels, ferry-boats for the transport of persons increased by X% to X units, rising for the fourth year in a row after two years of decline. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, shipping imports reduced remarkably to $X in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted significantly in the following year.

Imports by Country

In 2022, France (X units) constituted the largest supplier of shipping to Romania, with a X% share of total imports. Moreover, shipping imports from France exceeded the figures recorded by the second-largest supplier, Poland (X units), fivefold. The third position in this ranking was held by Denmark (X units), with a X% share.

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

In value terms, France ($X) constituted the largest supplier of ships, vessels, ferry-boats for the transport of persons to Romania, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and South Korea (X% per year).

Import Prices by Country

The average shipping import price stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X,137 per unit, and then dropped markedly in the following year.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :