Romania: Threshing Machinery Market 2024

Threshing Machinery Market Size in Romania

The Romanian threshing machinery market was estimated at $X in 2023, picking up by X% against the previous year. Over the period under review, consumption, however, continues to indicate a slight descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Threshing Machinery Production in Romania

In value terms, threshing machinery production rose notably to $X in 2023 estimated in export price. In general, production, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

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Threshing Machinery Exports

Exports from Romania

In 2023, approx. X units of threshing machinery except combine harvester-threshers were exported from Romania; increasing by X% against the year before. Over the period under review, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at X units in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

In value terms, threshing machinery exports skyrocketed to $X in 2023. Overall, exports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units), Bulgaria (X units) and Italy (X units) were the main destinations of threshing machinery exports from Romania, with a combined X% share of total exports. Hungary, Poland and Moldova lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for threshing machinery exported from Romania were Germany ($X), Hungary ($X) and Bulgaria ($X), together comprising X% of total exports.

Among the main countries of destination, Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average threshing machinery export price stood at $X per unit in 2023, falling by X% against the previous year. Overall, the export price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2023, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Moldova ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Threshing Machinery Imports

Imports into Romania

In 2023, supplies from abroad of threshing machinery except combine harvester-threshers decreased by X% to X units, falling for the fourth year in a row after two years of growth. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, threshing machinery imports fell markedly to $X in 2023. In general, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2022, and then shrank markedly in the following year.

Imports by Country

Hungary (X units), Bulgaria (X units) and Italy (X units) were the main suppliers of threshing machinery imports to Romania, together comprising X% of total imports. Germany, Austria, Turkey and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Hungary ($X), Bulgaria ($X) and Italy ($X) were the largest threshing machinery suppliers to Romania, together comprising X% of total imports. Germany, Austria, France and Turkey lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, recorded 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 2023, the average threshing machinery import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price recorded prominent growth. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, average import prices attained the peak figure in 2023 and is likely to continue growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform