Iron or steel containers with capacity ≤300 l market in Romania

Earlier Report Observations

From 2018 to 2021, imports of iron or steel containers with capacity up to 300 liters into Romania increased steadily from 37 716 thousand US dollars to 44 038 thousand US dollars. Exports during this period remained relatively stable, fluctuating between 15 195 thousand US dollars and 15 948 thousand US dollars.

In 2022, domestic production was recorded at 55 715 thousand US dollars, contributing to a market size of 92 298 thousand US dollars. The following year, production rose to 61 961 thousand US dollars, and the market expanded to 94 405 thousand US dollars, even as imports dipped to 51 957 thousand US dollars. However, 2024 saw a contraction: production fell to 50 950 thousand US dollars, imports dropped to 47 338 thousand US dollars, and the market size declined to 78 986 thousand US dollars, while exports remained elevated at 19 303 thousand US dollars.

Over the full period from 2018 to 2024, the market for these containers in Romania reached its peak value in 2023 before experiencing a notable downturn in 2024, accompanied by increased export activity and volatility in production and import volumes.

Production iron or steel containers with capacity ≤300 l in Romania

According to Faostat, there is no production of iron or steel containers with capacity ≤300 l in Romania.

Exports iron or steel containers with capacity ≤300 l from Romania

Exports in kind, t

Romania's exports of iron or steel containers with capacity ≤300 liters declined for the second consecutive year in 2020, reaching 3,102 tons. This represented a gradual decrease of 6.8% compared to 2019. Over the period from 2017 to 2020, exports fell by 39.3%, which translates to an annualized decline rate of 15.3%. The peak export volume was recorded in 2018 at 6,048 tons, marking an 18.4% increase from the previous year. However, the largest decline occurred in 2019, with a sharp drop of 45.0%.

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

Between 2017 and 2020, Bulgaria, Germany, and Czechia were the main destinations for Romania's exports of iron or steel containers with capacity ≤300 liters. Bulgaria accounted for 32.8% of exports in kind, Germany for 11.9%, and Czechia for 8.4%. Together, these three countries absorbed 53.1% of Romania's total exports in this category.

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

In 2020, Romania exported iron or steel containers with capacity ≤300 liters worth 15,493 thousand US dollars, showing a slight increase of 2.0% compared to 2019. From 2017 to 2020, export value grew by 34.3%, with a compound annual growth rate (CAGR) of 10.3%. The highest value was recorded in 2018 at 16,382 thousand US dollars, reflecting a significant 42.0% increase from the previous year. The largest decline occurred in 2019, with a decrease of 7.2%.

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

The structure of Romania's exports in value terms from 2017 to 2020 reveals a diversified set of trading partners. Germany accounted for 19.2% of exports in value terms, the United Kingdom for 18.5%, and Italy for 7.8%. Collectively, these three countries represented only 45.5% of total export flows, while the remaining 54.5% was distributed among numerous smaller markets.

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

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

Imports iron or steel containers with capacity ≤300 l to Romania

Imports in kind, t

In 2020, Romania's imports of iron or steel containers with capacity ≤300 liters totaled 19,334 tons, representing a 17.9% increase compared to the previous year. Over the period from 2017 to 2020, imports rose by 27.9%, with an annualized growth rate of 8.6%. The largest decline was recorded in 2019, with a decrease of 3.1%.

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

From 2017 to 2020, Bulgaria, Poland, and Hungary were the leading suppliers of iron or steel containers with capacity ≤300 liters to Romania. Bulgaria accounted for 36.5% of imports in kind, Poland for 15.8%, and Hungary for 15.2%. Together, these three countries accounted for 67.6% of Romania's total imports in this category.

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 iron or steel containers with capacity ≤300 liters increased for the third consecutive year in 2020, reaching 42,044 thousand US dollars. This marked a moderate gain of 7.3% compared to the previous year. Over the period from 2017 to 2020, import value grew by 22.7%, with a compound annual growth rate (CAGR) of 7.1%.

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

Between 2017 and 2020, Bulgaria, Italy, and Hungary consistently held leading positions in Romania's import structure in value terms for iron or steel containers with capacity ≤300 liters. Bulgaria accounted for 25.8% of imports in value terms, Italy for 18.9%, and Hungary for 14.7%. Collectively, these three countries represented 59.4% 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