Price for Navigational Instruments and Appliances; Parts and Accessories in Romania - 2023

Contents:

  1. Price for Navigational Instruments and Appliances; Parts and Accessories in Romania (FOB) - 2022
  2. Price for Navigational Instruments and Appliances; Parts and Accessories in Romania (CIF) - 2022
  3. Exports of Navigational Instruments and Appliances; Parts and Accessories in Romania
  4. Imports of Navigational Instruments and Appliances; Parts and Accessories in Romania

Price for Navigational Instruments and Appliances; Parts and Accessories in Romania (FOB) - 2022

In 2022, the average export price for navigational instruments and appliances; parts and accessorieses amounted to $1,658,187 per ton, with an increase of 36% against the previous year. Overall, the export price showed prominent growth. The pace of growth appeared the most rapid in 2021 an increase of 68%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($1,702,746 per ton), while the average price for exports to the UK ($295,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+20.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Navigational Instruments and Appliances; Parts and Accessories in Romania (CIF) - 2022

The average import price for navigational instruments and appliances; parts and accessorieses stood at $304,618 per ton in 2022, increasing by 27% against the previous year. In general, the import price showed prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 236% against the previous year. As a result, import price attained the peak level of $779,626 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($729,261 per ton), while the price for Greece ($37,849 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Navigational Instruments and Appliances; Parts and Accessories in Romania

In 2022, overseas shipments of navigational instruments and appliances; parts and accessorieses decreased by -45.9% to 5.4 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a prominent increase. The growth pace was the most rapid in 2021 with an increase of 82% against the previous year. As a result, the exports attained the peak of 10 tons, and then declined significantly in the following year.

In value terms, exports of navigational instruments and appliances; parts and accessorieses declined remarkably to $9M in 2022. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 207%. As a result, the exports reached the peak of $12M, and then contracted notably in the following year.

Export of Navigational Instruments and Appliances; Parts and Accessories in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel4.23.912.28.928.4%
NetherlandsN/AN/AN/A0.10%
OthersN/AN/AN/AN/A0%
Total4.24.012.29.028.9%

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Romania in 2022:

  1. Israel (5.2 tons)
  2. Netherlands (0.1 tons)

Imports of Navigational Instruments and Appliances; Parts and Accessories in Romania

Imports of navigational instruments and appliances; parts and accessorieses into Romania dropped rapidly to 6.6 tons in 2022, declining by -30.9% against the year before. Overall, imports faced a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 48% against the previous year.

In value terms, imports of navigational instruments and appliances; parts and accessorieses reduced to $2M in 2022. In general, imports faced a precipitous descent. The pace of growth appeared the most rapid in 2021 when imports increased by 1.7%.

Import of Navigational Instruments and Appliances; Parts and Accessories in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel2,7381,0371,104868-31.8%
Norway4652186115304.5%
Netherlands393336307258-13.1%
Germany13636.711.061.5-23.2%
Italy8103445.349.5-60.6%
Japan32.227.929.437.35.0%
Greece1.56.830.72.010.1%
Others232256202215-2.5%
Total4,8082,2632,3002,021-25.1%

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Romania in 2022:

  1. Norway (2836.0 kg)
  2. Israel (1190.0 kg)
  3. Netherlands (891.0 kg)
  4. Japan (630.0 kg)
  5. Germany (442.0 kg)
  6. Italy (125.0 kg)
  7. Greece (53.0 kg)

Source: IndexBox Market Intelligence Platform

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