Speed Changer Price in Romania - 2023
Contents:
- Speed Changer Price in Romania (CIF) - 2023
- Speed Changer Price in Romania (FOB) - 2023
- Speed Changer Imports in Romania
- Speed Changer Exports in Romania
Speed Changer Price in Romania (CIF) - 2023
The average speed changer import price stood at $11,128 per ton in May 2023, shrinking by -8.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in June 2022 an increase of 10% against the previous month. Over the period under review, average import prices attained the peak figure at $12,210 per ton in April 2023, and then contracted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($25,737 per ton), while the price for India ($6,276 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by France (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Speed Changer Price in Romania (FOB) - 2023
The average speed changer export price stood at $24,567 per ton in May 2023, remaining stable against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 13% m-o-m. Over the period under review, the average export prices hit record highs at $24,701 per ton in April 2023, and then reduced slightly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($54,370 per ton), while the average price for exports to Bulgaria ($11,696 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Speed Changer Imports in Romania
In 2022, the amount of speed changers, industrial high-speed drives and gear imported into Romania declined rapidly to 16K tons, falling by -16.3% against the previous year. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of 19K tons, and then dropped dramatically in the following year.
In value terms, speed changer imports reduced to $186M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports attained the peak of $189M, and then declined modestly in the following year.
| Import of Speed Changer in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 46.7 | 53.2 | 66.5 | 64.4 | 11.3% |
| France | 49.1 | 35.9 | 37.2 | 35.9 | -9.9% |
| China | 13.2 | 14.4 | 18.9 | 21.1 | 16.9% |
| Italy | 14.1 | 15.8 | 21.4 | 20.3 | 12.9% |
| Switzerland | 3.7 | 3.6 | 5.5 | 7.0 | 23.7% |
| India | 3.3 | 2.2 | 4.2 | 4.8 | 13.3% |
| Slovenia | 7.3 | 0.2 | 0.2 | 0.3 | -65.5% |
| Others | 30.6 | 29.2 | 35.3 | 31.9 | 1.4% |
| Total | 168 | 154 | 189 | 186 | 3.5% |
Top Suppliers of Speed Changer to Romania in 2022:
- Slovenia (undefinedK tons)
- France (5.1K tons)
- Germany (4.1K tons)
- China (1.8K tons)
- Italy (1.5K tons)
- India (0.8K tons)
- Switzerland (0.4K tons)
Speed Changer Exports in Romania
In 2022, speed changer exports from Romania totaled 9.1K tons, remaining relatively unchanged against 2021. In general, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 5.5% against the previous year.
In value terms, speed changer exports expanded sharply to $192M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Speed Changer in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 87.5 | 72.6 | 73.4 | 75.0 | -5.0% |
| Belgium | 22.6 | 16.5 | 17.1 | 16.1 | -10.7% |
| United Kingdom | 12.2 | 9.0 | 9.2 | 14.5 | 5.9% |
| Hungary | 9.9 | 8.9 | 12.1 | 12.4 | 7.8% |
| Czech Republic | 15.5 | 15.4 | 14.3 | 11.4 | -9.7% |
| United States | 9.2 | 5.7 | 6.8 | 10.5 | 4.5% |
| France | 8.9 | 6.4 | 6.1 | 9.4 | 1.8% |
| Italy | 3.8 | 5.7 | 5.9 | 5.8 | 15.1% |
| China | 4.9 | 4.8 | 3.7 | 4.4 | -3.5% |
| Portugal | N/A | 0.6 | 3.5 | 3.6 | 144.9% |
| Lithuania | N/A | 0.9 | 1.3 | 2.2 | 56.3% |
| India | 0.7 | 1.7 | 1.3 | 1.9 | 39.5% |
| Spain | 1.2 | 0.6 | 1.3 | 1.7 | 12.3% |
| Others | 14.5 | 12.7 | 16.3 | 22.9 | 16.5% |
| Total | 191 | 161 | 172 | 192 | 0.2% |
Top Export Markets for Speed Changer from Romania in 2022:
- Germany (3193.7 tons)
- Czech Republic (784.4 tons)
- United Kingdom (775.2 tons)
- France (703.2 tons)
- Italy (535.0 tons)
- Belgium (494.5 tons)
- Hungary (289.4 tons)
- United States (282.3 tons)
- China (225.7 tons)
- Portugal (212.8 tons)
- Lithuania (188.9 tons)
- India (182.4 tons)
- Spain (162.4 tons)
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