The Romanian crane market surged to $X in 2020, an increase of X% over the previous year. Overall, from 2007 to 2020, total consumption has shown a moderate growth trend: its value has declined at an average annual rate of -X% over the past 13 years. However, the trend pattern indicated that some significant fluctuations were recorded throughout the analysis period. According to 2020 data, consumption increased by +X% compared to the 2017 index. As a result, consumption has peaked and is likely to continue growing in the short term.
In 2020 crane production soared to X dollars by value (estimated at export prices). During the period under review, production continued to grow significantly. As a result, production has peaked and is likely to continue growing in the near term.
In 2020, after three years of decline, overseas shipments of cranes and mobile crane frames increased by X% to X units. During the review period, however, exports faced a sudden reduction. The most significant growth rate occurred in 2009, when exports increased by X% over the previous year. As a result, exports peaked at X units. From 2010 to 2020, the export growth rate remained at a low level.
In terms of value, 2020 crane exports fell to X dollars. But overall, exports continue to show sudden setbacks. The most significant growth rate occurred in 2009, with an X% year-on-year increase. As a result, exports peaked at X dollars. From 2010 to 2020, the export growth rate remained at a low level.
Italia (X units) was the main destination for Romanian crane exports, accounting for X% of total exports. In addition, the number of cranes exported to Italy exceeded four times the number exported to Moldova (X units), the second main destination. Turquía (X units) ranks third in total exports with a share of X%.
From 2007 to 2020, the average annual growth rate of shipments to Italy totaled -X%. Exports to other major destinations recorded the following average annual export growth rates: Moldova (+X% per annum) and Turkey (-X% per annum).
In value terms, Italy ($X) remains the main foreign market for Romanian crane exports, accounting for X% of total exports. In second place is Bulgaria ($X) with X% of total exports. It is followed by Francia with an X% share.
From 2007 to 2020, the average annual growth rate of the value to Italy was -X%. Exports to other major destinations recorded the following average annual export growth rates: Bulgaria (+X% per annum) and France (+X% per annum).
In 2020, the overseas purchases of cranes and mobile cranes finally increased, reaching X units for the first time since 2017, ending a two-year downward trend. During the period under review, however, there was a marked decline in imports. During the period under review, imports peaked at X units in 2008; however, from 2009 to 2020, import figures were slightly lower.
Crane imports surged to $X in 2020 by value. But overall, imports have shrunk significantly. Imports peaked at $X in 2008; however, from 2009 to 2020, import figures were slightly lower.
In 2020, Italy (X units) was the largest crane supplier in Romania, accounting for X% of total imports. In addition, cranes imported from Italy were six times higher than the number recorded by the second largest supplier, Alemania (X units). Finlandia (X units) ranks third in terms of total imports with an X% share.
From 2007 to 2020, the average annual growth rate from Italy was relatively modest. The average annual growth rates of imports for the remaining supplier countries are as follows: Germany (-X% per annum) and Finland (+X% per annum).
Italy ($X) is the largest crane supplier to Romania by value, accounting for X% of total imports. In second place is Germany ($X) with X% of total imports. It is followed by the Países bajos with an X% share.
From 2007 to 2020, the average annual value growth rate from Italy was +X%. The average annual growth rates of imports for the remaining supplier countries are as follows: Germany (-X% per annum) and the Netherlands (-X% per annum).
Italy is Romania's largest crane supplier by value, accounting for 43% of total imports. In second place is Germany, with 16% of total imports. It is followed by the Netherlands with a share of 5.8%.
In terms of value, Italy remains the main foreign market for Romanian crane exports, accounting for 61% of total exports. In second place is Bulgaria with 8.2% of total exports. It is followed by France with a share of 7.1%.
The average export price of cranes in 2020 was $4,299 per unit, down -11.7% from the previous year.
In 2020, the average price of crane imports was $3,970 per unit, down -1.8% from the previous year.
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