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Romania - Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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Romania: Overview of the Market for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles 2021

Market Size for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles in Romania

The Romanian market for tyres for agriculture, forestry, construction, industry and other off the road vehicles amounted to $X in 2020, remaining stable against the previous year. Over the period under review, consumption, however, recorded a perceptible reduction. The growth pace was the most rapid in 2018 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Production of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles in Romania

In value terms, production of tyres for agriculture, forestry, construction, industry and other off the road vehicles totaled $X in 2020 estimated in export prices. Over the period under review, production, however, showed a mild slump. The pace of growth was the most pronounced in 2008 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. From 2009 to 2020, production growth failed to regain the momentum.

Exports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Exports from Romania

In 2020, overseas shipments of tyres for agriculture, forestry, construction, industry and other off the road vehicles increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports saw modest growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Exports peaked at X units in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles rose slightly to $X in 2020. In general, total exports indicated measured growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Over the period under review, exports of tyres for agriculture, forestry, construction, industry and other off road vehicles hit record highs in 2020 and are likely to see steady growth in the near future.

Exports by Country

France (X units) was the main destination for exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles from Romania, accounting for a X% share of total exports. It was followed by Germany (X units), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to France totaled +X%.

In value terms, France ($X) remains the key foreign market for agricultural, construction and industrial machinery tire exports from Romania, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to France stood at +X%.

Export Prices by Country

The average export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X per unit in 2020, therefore, remained relatively stable against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, average export prices reached the peak figure in 2020 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Germany ($X per unit), while the average price for exports to France amounted to $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany.

Imports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Imports into Romania

In 2020, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles into Romania was estimated at X units, stabilizing at the previous year's figure. In general, total imports indicated a modest increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the near future.

In value terms, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles rose slightly to $X in 2020. Over the period under review, total imports indicated a tangible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, imports of tyres for agriculture, forestry, construction, industry and other off road vehicles reached the maximum in 2020 and are expected to retain growth in the immediate term.

Imports by Country

Turkey (X units), India (X units) and Hungary (X units) were the main suppliers of imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles to Romania, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in India, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), India ($X) and China ($X) were the largest agricultural, construction and industrial machinery tire suppliers to Romania, with a combined X% share of total imports.

In terms of the main suppliers, India saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X per unit in 2020, remaining stable against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. As a result, import price attained the peak level of $X per unit. From 2012 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tyres for agriculture, forestry, construction, industry and other off the road vehicles in the world?
+
China (39M units) constituted the country with the largest volume of consumption of tyres for agriculture, forestry, construction, industry and other off the road vehicles, accounting for 31% of total volume. Moreover, consumption of tyres for agriculture, forestry, construction, industry and other off the road vehicles in China exceeded the figures recorded by the second-largest consumer, India (14M units), threefold. The U.S. (8.5M units) ranked third in terms of total consumption with a 6.7% share.
What are the largest producers of tyres for agriculture, forestry, construction, industry and other off the road vehicles in the world?
+
The country with the largest volume of production of tyres for agriculture, forestry, construction, industry and other off the road vehicles was China (63M units), comprising approx. 52% of total volume. Moreover, production of tyres for agriculture, forestry, construction, industry and other off the road vehicles in China exceeded the figures recorded by the second-largest producer, India (19M units), threefold. The third position in this ranking was occupied by Indonesia (6M units), with a 4.9% share.
What are the leading suppliers of tyres for agriculture, forestry, construction, industry and other off the road vehicles to Romania?
+
In value terms, the largest agricultural, construction and industrial machinery tire suppliers to Romania were Turkey ($10M), India ($9.3M) and China ($2.6M), with a combined 54% share of total imports.
What are the leading importers of tyres for agriculture, forestry, construction, industry and other off the road vehicles from Romania?
+
In value terms, France ($41M) remains the key foreign market for agricultural, construction and industrial machinery tire exports from Romania, comprising 72% of total exports. The second position in the ranking was occupied by Germany ($11M), with a 19% share of total exports.
What is the average export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles in Romania?
+
In 2020, the average export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles amounted to $463 per unit, standing approx. at the previous year.
What is the average import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles in Romania?
+
The average import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $177 per unit in 2020, approximately equating the previous year.

Product coverage:
• Prodcom 22111400 - Agrarian tyres, other new pneumatic tyres, of rubber

This report provides an in-depth analysis of the market for agricultural, construction and industrial machinery tire 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 2025.


Country coverage:
• Romania

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Romania
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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