Romania: Stainless Steel Angle Market 2024

Stainless Steel Angle Market Size in Romania

The Romanian stainless steel angle market declined sharply to $X in 2022, dropping by X% against the previous year. In general, consumption recorded a deep reduction. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Stainless Steel Angle Production in Romania

In value terms, stainless steel angle production soared to $X in 2022 estimated in export price. Over the period under review, production, however, saw a dramatic slump. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Stainless Steel Angle Exports

Exports from Romania

After two years of growth, overseas shipments of angles, shapes and sections of stainless steel or other alloy steel decreased by X% to X tons in 2022. Over the period under review, exports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then contracted dramatically in the following year.

In value terms, stainless steel angle exports dropped sharply to $X in 2022. Overall, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then dropped dramatically in the following year.

Exports by Country

Poland (X tons), Israel (X tons) and Hungary (X tons) were the main destinations of stainless steel angle exports from Romania, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and Germany ($X) constituted the largest markets for stainless steel angle exported from Romania worldwide, together accounting for X% of total exports. Israel and Bulgaria lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Israel, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average stainless steel angle export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced downturn. The growth pace was the most rapid in 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Israel ($X 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 Israel (X%), while the prices for the other major destinations experienced mixed trend patterns.

Stainless Steel Angle Imports

Imports into Romania

In 2022, the amount of angles, shapes and sections of stainless steel or other alloy steel imported into Romania shrank rapidly to X tons, which is down by X% against the previous year. In general, imports, however, saw a noticeable expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, stainless steel angle imports plummeted to $X in 2022. Overall, imports recorded a slight reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Bulgaria (X tons), Germany (X tons) and Sweden (X tons) were the main suppliers of stainless steel angle imports to Romania, together comprising X% of total imports.

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

In value terms, the largest stainless steel angle suppliers to Romania were Germany ($X), Bulgaria ($X) and Italy ($X), together comprising X% of total imports. Poland, Sweden, Spain and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Sweden, 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 2022, the average stainless steel angle import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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