Check valves market in Romania

Earlier Report Observations

In 2018, the Romanian check valve market stood at 372 tons, with domestic production merely 5 tons, indicating heavy reliance on imports. The update of technical norms for the design, execution, and operation of natural gas supply systems that year, which included minimum pressures and specific conditions for boilers and internal installations, laid the groundwork for future demand for check valves as equipment needed to comply. By 2022, production had surged to 2 144 tons and market volume reached 2 607 tons, a jump supported by the introduction of strategic fuel reserve obligations for ten companies from 2021 onward, increasing need for valves in fuel storage and distribution infrastructure.

The geopolitical shock of 2022, including EU and US sanctions on Russian oil and the oil market disruption at the start of the war in Ukraine, tightened energy security policies. The number of firms required to hold strategic fuel reserves rose to 15, spurring additional demand for check valves used in fuel handling systems. This drove further growth, with production reaching 2 377 tons and market volume 2 772 tons in 2023, even as imports fluctuated.

Through 2024, the strategic reserve framework remained active, with 15 companies under obligation, consolidating the market. However, rising prices for construction materials like steel and cement raised production costs for metal equipment such as check valves. Concurrently, the update of the economic activity classification (CAEN) in 2024 altered regulatory conditions for industrial equipment manufacturing and sales, affecting valve producers.

Production check valves in Romania

In value, 2017-2020, $ US

Annual dynamics of production in Romania in value, 2017-2020, $ US

In kind, 2017-2020, kg

In 2017, Romania produced a minimal amount of check valves, but in 2018, production surged dramatically to 5 000 kg, marking an increase of 9 900.0% compared to the previous year.

Annual dynamics of production in Romania in kind, 2017-2020, kg

Exports check valves from Romania

Exports in kind, t

Romania's exports of check valves showed a mixed trend from 2017 to 2020. After rising for two years, volumes declined in 2020 to 146.3 t, down 18.0% year-on-year. The peak was in 2019 at 178.4 t, with the largest annual increase of 7.6% also occurring that year. Overall, exports decreased by 5.9% over the four-year period, averaging a 2.0% annual decline.

Annual dynamics of product's exports from Romania in kind, 2017-2020, t

From 2017 to 2020, France was the dominant buyer of check valves from Romania, accounting for 73.3% of total exports in volume. Other countries had much smaller shares during this period.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Romania in kind, 2017-2020

Exports in value, K $ US

The value of check valves exported from Romania fluctuated between 2017 and 2020. Following two years of growth, exports dropped in 2020 to 3 561 K $ US, a decrease of 17.1% from 2019. The highest value was recorded in 2019 at 4 294 K $ US, with the largest annual increase of 61.7% in 2018. Over the entire period, exports grew by 55.3%, averaging an annual rise of 15.8%.

Annual dynamics of product's exports from Romania in value, 2017-2020, K $ US

Between 2017 and 2020, China, France, and India were the top buyers of check valves from Romania in value terms. China led with 33.5% of exports, followed by France at 23.9% and India at 9.4%. Together, these three countries made up 66.8% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Romania in value, 2017-2020

Imports check valves to Romania

Imports in kind, t

Romania's imports of check valves in volume terms varied from 2017 to 2020. After increasing for two years, imports fell in 2020 to 551.6 t, down 14.6% compared to 2019. The peak was in 2019 at 645.6 t, with the largest annual increase of 21.3% also in that year. Overall, imports rose by 17.7% over the four years, averaging an annual growth of 5.6%.

Annual dynamics of product's imports to Romania in kind, 2017-2020, t

From 2017 to 2020, China, Italy, and Poland were the main suppliers of check valves to Romania in volume. China accounted for 27.6% of imports, Italy for 14.1%, and Poland for 11.7%. Combined, these three countries represented 53.5% of total import volume.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Romania in kind, 2017-2020

Imports in value, K $ US

The value of check valves imported into Romania showed changes between 2017 and 2020. After two years of growth, imports declined in 2020 to 8 988 K $ US, a drop of 15.5% from 2019. The highest value was in 2019 at 10 638 K $ US, with the largest annual increase of 53.7% in 2018. Over the period, imports increased by 45.6%, averaging an annual rise of 13.3%.

Annual dynamics of product's imports to Romania in value, 2017-2020, K $ US

Between 2017 and 2020, imports of check valves to Romania in value terms were spread across multiple countries. Germany was the largest source at 16.6%, followed closely by Italy at 16.4% and Poland at 10.2%. Together, these three accounted for 43.2% of total import value, indicating a relatively diversified supplier base.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Romania in value, 2017-2020