Romania - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIron Angle Price in Romania - 2023
Contents:
- Iron Angle Price in Romania (CIF) - 2023
- Iron Angle Price in Romania (FOB) - 2023
- Iron Angle Imports in Romania
- Iron Angle Exports in Romania
Iron Angle Price in Romania (CIF) - 2023
The average iron angle import price stood at $1,059 per ton in June 2023, leveling off at the previous month. Overall, the import price saw a mild slump. The pace of growth appeared the most rapid in May 2023 an increase of 16% month-to-month. Over the period under review, average import prices attained the maximum at $1,302 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,316 per ton), while the price for Austria ($536 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.7%), while the prices for the other major suppliers experienced a decline.
Iron Angle Price in Romania (FOB) - 2023
In June 2023, the average iron angle export price amounted to $899 per ton, dropping by -5.8% against the previous month. Overall, the export price saw a perceptible setback. The pace of growth was the most pronounced in October 2022 an increase of 9.1% against the previous month. Over the period under review, the average export prices hit record highs at $1,257 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In June 2023, the highest price was recorded for prices to Bulgaria ($978 per ton) and Croatia ($917 per ton), while the average price for exports to Turkey ($855 per ton) and Poland ($865 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+0.7%), while the prices for the other major destinations experienced a decline.
Iron Angle Imports in Romania
In 2022, iron angle imports into Romania rose remarkably to 163K tons, with an increase of 5.7% against the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 6.8% against the previous year.
In value terms, iron angle imports soared to $181M in 2022. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Iron Angle in Romania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 28.2 | 21.0 | 41.5 | 79.0 | 41.0% |
Spain | 13.7 | 6.8 | 23.2 | 30.2 | 30.1% |
Italy | 16.0 | 13.1 | 22.6 | 21.2 | 9.8% |
Poland | 23.3 | 23.0 | 18.8 | 21.2 | -3.1% |
Germany | 2.6 | 3.6 | 3.1 | 8.1 | 46.1% |
Austria | 2.5 | 2.2 | 3.7 | 5.3 | 28.5% |
Bulgaria | 2.0 | 2.0 | 4.4 | 4.5 | 31.0% |
Luxembourg | 4.0 | 1.8 | 0.9 | 1.9 | -22.0% |
Ukraine | 5.0 | 3.3 | 7.2 | 0.6 | -50.7% |
Others | 6.1 | 10.0 | 10.9 | 8.7 | 12.6% |
Total | 103 | 86.8 | 136 | 181 | 20.7% |
Top Suppliers of Iron Angle to Romania in 2022:
- Turkey (80.5K tons)
- Spain (23.5K tons)
- Italy (17.3K tons)
- Poland (17.3K tons)
- Germany (5.3K tons)
- Austria (4.6K tons)
- Bulgaria (4.5K tons)
- Luxembourg (1.5K tons)
- Ukraine (0.8K tons)
Iron Angle Exports in Romania
In 2022, the amount of angles, shapes and sections (of iron or non-alloy steel) exported from Romania contracted rapidly to 94K tons, falling by -27.5% against 2021. Overall, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 13%.
In value terms, iron angle exports declined to $112M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 77%. As a result, the exports attained the peak of $117M, and then shrank in the following year.
Export of Iron Angle in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 12.1 | 10.1 | 23.0 | 24.1 | 25.8% |
Italy | 21.3 | 8.7 | 19.3 | 23.9 | 3.9% |
Turkey | 8.6 | 8.9 | 11.5 | 12.8 | 14.2% |
Bulgaria | 10.2 | 11.1 | 15.2 | 10.3 | 0.3% |
Serbia | 6.4 | 8.4 | 13.3 | 7.7 | 6.4% |
Croatia | 3.8 | 3.4 | 4.7 | 5.4 | 12.4% |
Czech Republic | 2.9 | 1.5 | 4.0 | 5.0 | 19.9% |
Poland | 4.2 | 3.0 | 10.4 | 4.9 | 5.3% |
Slovenia | 1.3 | 0.6 | 2.0 | 3.8 | 43.0% |
Moldova | 2.6 | 2.1 | 4.2 | 3.5 | 10.4% |
Slovakia | 1.4 | 2.4 | 3.8 | 3.1 | 30.3% |
Bosnia and Herzegovina | 1.4 | 0.9 | 2.0 | 2.5 | 21.3% |
Others | 9.4 | 5.2 | 3.6 | 4.5 | -21.8% |
Total | 85.4 | 66.3 | 117 | 112 | 9.5% |
Top Export Markets for Iron Angle from Romania in 2022:
- Italy (21.0K tons)
- Hungary (19.7K tons)
- Turkey (13.1K tons)
- Bulgaria (8.6K tons)
- Serbia (6.1K tons)
- Croatia (4.3K tons)
- Czech Republic (4.1K tons)
- Poland (3.7K tons)
- Slovenia (2.9K tons)
- Moldova (2.6K tons)
- Slovakia (2.6K tons)
- Bosnia and Herzegovina (2.1K tons)
This report provides an in-depth analysis of the iron angle market 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 2030.
Product coverage:
- Prodcom 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy steel
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Discover the top import markets for iron angle and their key statistics. Learn about the demand, import values, and growth potential in these countries. Explore the opportunities for exporters in the global iron angle market.
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
Despite some negative dynamics in exports, Spain was able to hold on as the leader in the global iron angles, shapes and sections trade. In 2014, Spain exported X million tons of iron angles, shapes and sections totaling X billion USD, which was
The global non-alloy steel h-sections market revenue amounted to $17.9B in 2018, rising by 11% against the previous...
Discover the top import markets for iron angle and their key statistics. Learn about the demand, import values, and growth potential in these countries. Explore the opportunities for exporters in the global iron angle market.
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
Despite some negative dynamics in exports, Spain was able to hold on as the leader in the global iron angles, shapes and sections trade. In 2014, Spain exported X million tons of iron angles, shapes and sections totaling X billion USD, which was
The global non-alloy steel h-sections market revenue amounted to $17.9B in 2018, rising by 11% against the previous...