The Romanian market for pulley tackle and hoists powered by an electric motor dropped significantly to $X in 2021, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw resilient growth. As a result, consumption reached the peak level of $X, and then dropped significantly in the following year.
Overseas shipments of motor-driven pulley blocks and hoists decreased by -X% to X units in 2021, the second consecutive year of decline after three years of growth. Overall, there has been a serious setback in exports. 2019 saw the fastest growth, up X% compared to the previous year. Thus, exports peaked at X units. From 2020 to 2021, China's export growth rate will remain at a low level.
In terms of value, in 2021, the export of electric pulley blocks and cranes has shrunk significantly to X US dollars. During the review period, there was a sudden drop in exports. The most notable growth rate was in 2018, when exports increased by X% compared to the previous year. During the reporting period, the value of exports in 2019 reached a peak value of USD X; however, from 2020 to 2021, the value of exports decreased.
North Macedonia (X units) is the main export destination of Romanian motor-driven pulley blocks and cranes, accounting for X% of total exports. In addition, the number of pulley blocks and electric hoists exported to North Macedonia exceeded five times that sent to the second largest destination, Thụy sĩ (X Taiwan). In third place is Ukraine (X units) with a share of X%.
From 2012 to 2021, the average annual growth rate for North Macedonia is relatively modest. The average annual growth rate of exports to the other main destinations is as follows: Switzerland (X% per year) and Ukraine (-X% per year).
In value terms, Switzerland ($X) was the main foreign market for Romania's exports of electric motor driven pulley blocks and cranes, accounting for X% of total exports. In second place is Pháp ($X), with X% of total exports. It is followed by Ukraine with a share of X%.
From 2012 to 2021, the average annual growth rate of Swiss values is relatively modest. The average annual growth rate of exports to the other main destinations is as follows: France (+X% per year) and Ukraine (+X% per year).
In 2021, the number of imported motor-driven pulley blocks and cranes in Romania will be reduced sharply to X units, which is -X% less than the previous year. Overall, however, imports continued to show resilient growth. The pace of growth was most pronounced in 2020, with imports up X%. As a result, imports peaked at X units and then declined rapidly the following year.
In terms of value, in 2021, imports of pulley blocks and cranes driven by electric motors fell to X dollars. Overall, however, imports are still growing significantly. 2020 saw the highest growth rate with an increase of X%. As a result, imports peaked at $X and then shrank the following year.
Croatia (X đơn vị), Nước Ý (X units) and China (X units) are the main suppliers of electric block and crane imports to Romania, together accounting for X% of total imports. Đức, Bỉ và Ba lan are slightly behind, plus in X months from 2012 to 2021, Belgium's purchase growth rate is the most significant among the major suppliers (+X% CAGR), while other countries' import growth rate is relatively mild.
In value terms, Germany ($X) is the largest supplier of pulley blocks and electric hoists to Romania, accounting for X% of total imports. In second place is Italy ($X), which accounts for X% of total imports. This is followed by Croatia with X% share.
From 2012 to 2021, the average annual growth rate of German value reaches +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Italy (+X% per annum) and Croatia (-X% per annum).
In value terms, Germany constituted the largest supplier of pulley tackle and hoists powered by an electric motor to Romania, comprising 38% of total imports. The second position in the ranking was held by Italy, with a 14% share of total imports. It was followed by Croatia, with a 10% share.
In value terms, Switzerland emerged as the key foreign market for pulley tackle and hoists powered by an electric motor exports from Romania, comprising 45% of total exports. The second position in the ranking was held by France, with a 12% share of total exports. It was followed by Ukraine, with an 8.7% share.
The average export price for pulley tackle and hoists powered by an electric motor stood at $412 per unit in 2021, which is down by -74.8% against the previous year.
In 2021, the average import price for pulley tackle and hoists powered by an electric motor amounted to $438 per unit, growing by 52% against the previous year.
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