Conveyor belts market in Romania

Earlier Report Observations

The market for vulcanised rubber conveyor belts in Romania showed fluctuations between 2018 and 2024. Market volume in physical terms grew from 4 737 t in 2018 to a peak of 6 675 t in 2022, then fell to 3 868 t in 2024. The COVID-19 pandemic in 2020 led to bankruptcies in the transport sector and disrupted supply chains, reducing demand for conveyor belts. In subsequent years, rising fuel and labour costs in logistics continued to affect market conditions, while changes in transport regulations in 2022, such as the Ministry of Transport Order No. 1.218/2022, indirectly influenced demand in related sectors.

Local manufacturers, including Ozana Latex, ForcePlast, ELASTIMPEX, and Arte Rubber, maintained production and offered vulcanization and repair services, adapting to the needs of various industries such as mining, agriculture, and coal. The presence of an organized industrial structure, reflected in CAEN code 2219, and modern vulcanization services supported market resilience despite external challenges.

After the peak in 2022, market volume dropped significantly to 4 300 t in 2023 and further to 3 868 t in 2024. In value terms, the market showed different dynamics, reaching USD 25.5 million in 2022 and USD 20.5 million in 2024, indicating changes in prices and demand structure.

Production conveyor belts in Romania

In value, 2017-2020, K $ US

After two years of growth, Romania's conveyor belt production declined in value terms. In 2020, output was valued at 30 376 thousand US dollars, representing a 16.8% decrease compared to 2019. Over the period from 2017 to 2020, production increased by 7%, which translates to an average annual growth rate of 2.3%. The peak value was recorded in 2019 at 36 502 thousand US dollars, while the largest annual increase occurred in 2018 at 19.7%.

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

In kind, 2017-2020, t

Following two years of expansion, Romania's conveyor belt production volume declined. In 2020, the country produced 8 947 tonnes of conveyor belts, marking a sharp 26.1% decrease compared to the previous year. From 2017 to 2020, production fell by 11.3%, with a compound annual growth rate of -3.9%. The highest volume was recorded in 2019 at 12 111 tonnes, and the largest annual increase occurred in 2018 at 10.6%.

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

Exports conveyor belts from Romania

Exports in kind, t

Conveyor belt exports from Romania declined for the second consecutive year. In 2020, shipments totaled 5 374 tonnes, representing a 22.7% decrease compared to 2019. Over the period from 2017 to 2020, exports decreased by 3.8%, equating to an average annual decline of 1.3%. The peak volume was recorded in 2018 at 7 182 tonnes, which also saw the largest annual increase at 28.6%.

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

From 2017 to 2020, Germany, Spain, and the United Kingdom were the leading destinations for Romania's conveyor belt exports in volume terms. Germany accounted for 29.1% of exports, Spain for 22.9%, and the United Kingdom for 11.0%. Together, these three countries represented 63.0% of total export flows.

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

Conveyor belt exports from Romania declined in value for the second year in a row. In 2020, exports reached 17 310 thousand US dollars, which is 23.1% lower than the previous year. However, over the period from 2017 to 2020, exports increased by 5.2%, with a compound annual growth rate of 1.7%. The highest value was recorded in 2018 at 23 620 thousand US dollars, which also saw the largest annual increase at 43.5%.

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

From 2017 to 2020, Germany, Spain, and the United Kingdom accounted for the largest share of Romania's conveyor belt exports in value terms. Germany represented 27.9% of exports, Spain 20.4%, and the United Kingdom 12.8%. Combined, these three countries comprised 61.1% of total export flows.

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

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

Imports conveyor belts to Romania

Imports in kind, t

After two years of decline, Romania's conveyor belt import volume increased. In 2020, the country imported 942 tonnes of conveyor belts, showing a significant gain of 64.7% compared to 2019. Over the period from 2017 to 2020, imports rose by 13.7%, with an average annual growth rate of 4.4%. The lowest volume was recorded in 2019 at 572 tonnes, which also saw the largest annual decline at 25.3%.

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

From 2017 to 2020, the country breakdown of Romania's conveyor belt imports in volume terms was relatively scattered. Hungary accounted for 26.5% of imports, France for 11.0%, and China for 10.9%. Together, these three partners represented just 48.5% of total flows, with no single country emerging as clearly dominant.

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

Romania's conveyor belt imports in value terms increased sharply in 2020, reaching 5 899 thousand US dollars, which is 27.9% higher than the previous year. Over the period from 2017 to 2020, imports grew by 24.2%, with a compound annual growth rate of 7.5%. The lowest value was recorded in 2019 at 4 613 thousand US dollars, while the peak occurred in 2018 at 6 009 thousand US dollars. The largest annual decline was in 2019 at 23.2%.

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

From 2017 to 2020, there was no single dominant market for Romania's conveyor belt imports in value terms. Hungary accounted for 17.4% of imports, Germany for 14.1%, and Italy for 12.0%. Together, these three countries took only 43.6% of total imports, while many smaller partners each held modest individual shares.

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

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