Cored wire for arc welding market in Romania

Earlier Report Observations

Between 2018 and 2019, the cored wire for arc welding market in Romania expanded from 5 110 t to 5 493 t. This growth was fueled by the widespread adoption of MIG/MAG welding processes in key industries like automotive and metal fabrication, alongside increasing use of automated and semi-automatic welding equipment that raised demand for consumable wire. The market experienced a slight contraction to 5 364 t in 2020, as the COVID-19 pandemic caused disruptions in supply chains for welding materials.

A significant decline followed in 2021, with market volume falling to 4 378 t. By 2022, the market recovered to 4 482 t, supported by the entry of new players and the launch of modern production facilities for welding consumables within the country.

Market growth resumed in 2023, reaching 4 601 t, and then accelerated sharply in 2024 to 6 639 t—a 44% increase year-on-year. In value terms, the market reached USD 37.6 million in 2024, a rise driven partly by higher raw material and energy costs.

Production cored wire for arc welding in Romania

In value, 2017-2020, K $ US

Romania's production of cored wire for arc welding has increased for the second consecutive year. In 2020, the output was valued at 23 885 thousand US dollars, marking an 11.1% year-on-year rise. Over the period from 2018 to 2020, production grew by 22.7%, with a compound annual growth rate of 7.1%.

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

In kind, 2017-2020, t

Romania's production of cored wire for arc welding has risen for the second year in a row. In 2020, the country produced 7 391 tonnes, representing an 8.7% increase compared to the previous year. From 2018 to 2020, production expanded by 17.5%, with a compound annual growth rate of 5.5%.

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

Exports cored wire for arc welding from Romania

Exports in kind, t

After two years of decline, Romania's exports of cored wire for arc welding increased in 2020. The country exported 4 396 tonnes, up 14.0% from the previous year. Over the period from 2017 to 2020, exports decreased by 5.6%, with a compound annual growth rate of -1.9%. The lowest volume was recorded in 2019 at 3 857 tonnes, following the largest decline of 14.1% in 2018.

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

From 2017 to 2020, Italy, France, and Spain were the key partners for Romania's exports of cored wire for arc welding in volume terms. Italy accounted for 26.7% of exports, France for 20.2%, and Spain for 13.4%, together making up 60.4% of total 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

Romania's exports of cored wire for arc welding have grown for the third consecutive year. In 2020, exports reached 14 241 thousand US dollars, a 16.4% increase year-on-year. Between 2017 and 2020, exports surged by 43.1%, equating to an annualized growth rate of 12.7%.

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

Between 2017 and 2020, Italy, France, and the United States were the main destinations for Romania's exports of cored wire for arc welding in value terms. Italy represented 20.2% of exports, France 15.6%, and the United States 14.5%, collectively accounting for 50.4% of total 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 cored wire for arc welding to Romania

Imports in kind, t

Romania's imports of cored wire for arc welding have declined for the second consecutive year. In 2020, the country imported 2 369 tonnes, down 7.2% from the previous year. From 2017 to 2020, imports fell by 11.9%, with an annualized decrease of 4.1%. The highest volume was recorded in 2018 at 2 819 tonnes, after the largest increase of 4.8% that year. The largest decline occurred in 2019, with a drop of 9.5%.

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

Over the period from 2017 to 2020, Romania's imports of cored wire for arc welding in volume terms were distributed across a wide range of partner countries. China, Italy, and Poland were the top sources, with China accounting for 22.8% of imports, Italy for 13.3%, and Poland for 13.2%, together representing 49.2% of total flows.

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 imports of cored wire for arc welding have decreased for the second year in a row. In 2020, imports amounted to 4 916 thousand US dollars, a 17.2% decline compared to the previous year. Between 2017 and 2020, imports dropped by 11.2%, with an annualized rate of -3.9%. The peak value was recorded in 2018 at 6 433 thousand US dollars, following the largest increase of 16.2% that year.

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

During 2017 to 2020, Romania's imports of cored wire for arc welding in value terms came from many different markets. Even the largest suppliers—Italy, China, and Poland—together represented only 43.5% of total imports.

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

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