Electrical capacitors market in Romania

Earlier Report Observations

Imports of electrical capacitors into Romania showed a clear upward trend from 2018 to 2023, increasing from 260.6 million US dollars to 333.2 million US dollars. This growth was supported by the ongoing industrial need for power factor correction and reactive energy compensation, which reduces electricity costs and penalties. The emphasis on energy efficiency and the modernization of electrical installations with advanced capacitor technologies sustained demand throughout the period.

The market size, available from 2022 onward, reached 335.3 million US dollars in 2023, driven by rising demand for high-performance capacitors in industrial and electronic applications. However, in 2024, the market contracted to 266.4 million US dollars, and domestic production fell to 31.9 million US dollars, marking a reversal of the previous growth trend.

Production electrical capacitors in Romania

According to Faostat, there is no production of electrical capacitors in Romania.

Exports electrical capacitors from Romania

Exports in kind, t

Romania's exports of electrical capacitors declined for the second consecutive year. In 2020, exports amounted to 3 846 tonnes, representing an 8.6% decrease compared to the previous year. Over the period from 2017 to 2020, exports grew by 12.4%, with an average annual growth rate of 4.0%. The highest export volume was recorded in 2018 at 4 244 tonnes, which also saw the largest annual increase of 24.0%.

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

From 2017 to 2020, Italy was the primary buyer of electrical capacitors from Romania, accounting for 81.0% of total exports in volume. The remaining exports were distributed among a diverse group of other countries.

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, M $ US

After two years of growth, Romania's exports of electrical capacitors in value terms declined. In 2020, exports totaled 42.6 million US dollars, reflecting a 15.1% drop compared to 2019. Between 2017 and 2020, exports increased by 11%, equivalent to an annualized growth rate of 3.5%. The peak value was reached in 2019 at 50.1 million US dollars, while the largest annual increase occurred in 2018 at 22.6%.

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

During the 2017–2020 period, Italy, Slovakia, and Hungary were the main buyers of electrical capacitors from Romania in value terms. Italy accounted for 68.2% of exports, Slovakia for 10.6%, and Hungary for 5.4%. Together, these three countries comprised 84.2% 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 electrical capacitors to Romania

Imports in kind, t

The data shows irregular changes, indicating a volatile market environment. Imports reached their lowest point in 2017 and peaked in 2019, with a 2.4-fold difference between these years. In 2020, Romania's imports of electrical capacitors stood at 8 076 tonnes, corresponding to a 34.3% contraction from 2019. The maximum import volume was recorded in 2019 at 12 293 tonnes, which also saw the largest annual increase of 104.9%.

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

From 2017 to 2020, Germany, Italy, and the Netherlands were the largest suppliers of electrical capacitors to Romania in volume terms. Germany accounted for 53.5% of imports, Italy for 10.9%, and the Netherlands for 10.8%. Together, these three countries formed 75.2% of total imports in kind.

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, M $ US

After a two-year upward trend, Romania's imports of electrical capacitors in value terms declined. In 2020, imports came to 258.7 million US dollars, marking an 8.9% decrease from the previous year. Over the period from 2017 to 2020, imports increased by 38%, with an average annual growth rate of 11.3%. The highest import value was recorded in 2019 at 284.1 million US dollars, while the largest annual increase occurred in 2018 at 38.9%.

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

Throughout 2017–2020, Germany, the Netherlands, and Czechia were the core markets for Romania's imports of electrical capacitors in value terms. Germany accounted for 55.2% of imports, the Netherlands for 12.5%, and Czechia for 4.8%. Together, these three countries represented 72.4% of total import flows.

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

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