Romania: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in Romania

In 2022, the Romanian market for spray guns and similar appliances increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed temperate growth. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in years to come.

Exports of Spray Guns And Similar Appliances

Exports from Romania

In 2022, after two years of growth, there was significant decline in overseas shipments of spray guns and similar appliances, when their volume decreased by X% to X units. Overall, exports showed a noticeable shrinkage. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, spray guns and similar appliances exports declined rapidly to $X in 2022. In general, total exports indicated a perceptible expansion from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then declined remarkably in the following year.

Exports by Country

Italy (X units) was the main destination for spray guns and similar appliances exports from Romania, accounting for a X% share of total exports. Moreover, spray guns and similar appliances exports to Italy exceeded the volume sent to the second major destination, Bulgaria (X units), fivefold. Hungary (X units) ranked third in terms of total exports with an X% share.

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

In value terms, Italy ($X) remains the key foreign market for spray guns and similar appliances exports from Romania, comprising X% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a X% share of total exports. It was followed by Moldova, with a X% share.

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

Export Prices by Country

The average export price for spray guns and similar appliances stood at $X per unit in 2022, picking up by X% against the previous year. In general, export price indicated buoyant growth 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, spray guns and similar appliances export price increased by X% against 2020 indices. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($X per unit) and Moldova ($X per unit), while the average price for exports to Hungary ($X per unit) and Bulgaria ($X per unit) were amongst the lowest.

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 mixed trend patterns.

Imports of Spray Guns And Similar Appliances

Imports into Romania

In 2022, overseas purchases of spray guns and similar appliances increased by X% to X units, rising for the second year in a row after two years of decline. Overall, total imports indicated a modest expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, spray guns and similar appliances imports soared to $X in 2022. In general, imports recorded notable growth. The pace of growth was the most pronounced in 2018 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X units), China (X units) and Hungary (X units) were the main suppliers of spray guns and similar appliances imports to Romania, with a combined X% share of total imports. Italy, Poland, Belgium, Turkey and the UK lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X) constituted the largest supplier of spray guns and similar appliances to Romania, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average import price for spray guns and similar appliances amounted to $X per unit, increasing by X% against the previous year. Over the period under review, import price indicated a mild expansion 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. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Hungary ($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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