
Romania - Splitting, Slicing or Paring Machines - Market Analysis, Forecast, Size, Trends and Insights
Romania: Wood Slicing Machine Market 2022
Wood Slicing Machine Market Size in Romania
The Romanian wood slicing machine market surged to $X in 2021, jumping by 41% 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). Over the period under review, consumption showed significant growth. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in years to come.
Wood Slicing Machine Exports
Exports from Romania
In 2021, wood slicing machine exports from Romania surged to X units, rising by 74% against 2020 figures. Over the period under review, exports showed a noticeable expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 164%. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.
In value terms, wood slicing machine exports shrank markedly to $X in 2021. In general, exports, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2018 with an increase of 84%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Hungary (X units) was the main destination for wood slicing machine exports from Romania, with a 66% share of total exports. Moreover, wood slicing machine exports to Hungary exceeded the volume sent to the second major destination, Moldova (X units), threefold. Bosnia and Herzegovina (X units) ranked third in terms of total exports with a 7.3% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Hungary amounted to +18.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+29.2% per year) and Bosnia and Herzegovina (0.0% per year).
In value terms, Hungary ($X) remains the key foreign market for wood slicing machine exports from Romania, comprising 87% of total exports. The second position in the ranking was held by Moldova ($X), with a 6.2% share of total exports. It was followed by Ukraine, with a 4.3% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Hungary stood at +5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (-0.9% per year) and Ukraine (-20.4% per year).
Export Prices by Country
The average wood slicing machine export price stood at $X per unit in 2021, with a decrease of -52.5% against the previous year. In general, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2015 when the average export price increased by 294%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Moldova ($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 Turkey (+44.2%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Slicing Machine Imports
Imports into Romania
In 2021, imports of splitting, slicing or paring machines into Romania soared to X units, jumping by 39% compared with the year before. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2017 when imports increased by 205% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.
In value terms, wood slicing machine imports skyrocketed to $X in 2021. In general, imports continue to indicate a tangible increase. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, China (X units) constituted the largest supplier of wood slicing machine to Romania, with a 71% share of total imports. Moreover, wood slicing machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. The third position in this ranking was held by the Czech Republic (X units), with a 4.6% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +38.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+36.1% per year) and the Czech Republic (+22.0% per year).
In value terms, China ($X), Germany ($X) and Poland ($X) appeared to be the largest wood slicing machine suppliers to Romania, with a combined 78% share of total imports. These countries were followed by Turkey, Hungary, the Czech Republic and Bulgaria, which together accounted for a further 7.8%.
Hungary, with a CAGR of +54.4%, saw the highest rates of growth with regard to 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 2021, the average wood slicing machine import price amounted to $X per unit, increasing by 47% against the previous year. Over the period under review, the import price, however, recorded a precipitous contraction. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (-9.6%), while the prices for the other major suppliers experienced a decline.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wood slicing machine market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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