Iron or steel radiators and air heaters market in Romania

Earlier Report Observations

The market for iron or steel radiators and air heaters in Romania experienced notable shifts between 2018 and 2024. Imports surged to a peak of 120.6 млн долл. США in 2021 from 87.1 млн долл. США in 2020, with exports also climbing to 33.3 млн долл. США that year. After 2021, imports declined to 80.2 млн долл. США by 2024, and exports fell to 27.9 млн долл. США. Domestic production mirrored this trend, dropping from 52.4 млн долл. США in 2021 to 46.4 млн долл. США in 2024. Consequently, the total market size contracted from 139.7 млн долл. США in 2021 to 98.7 млн долл. США in 2024.

The market contraction after 2021 was reinforced in 2024 by specific regulatory and consumer behavior changes. On March 20, 2024, the Romanian energy regulator ANRE introduced a regulation governing the allocation of thermal energy consumption in condominiums, which affected the installation and use of traditional radiator systems. At the same time, growing consumer preference for economical and sustainable heating solutions, such as heat pumps and electric radiators with volcanic stone, diverted demand away from classic steel radiators. Rising energy costs and an increased emphasis on smart automation and energy efficiency further reduced the appeal of conventional gas boiler systems paired with steel radiators.

Production iron or steel radiators and air heaters in Romania

In value, 2017-2020, K $ US

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

Exports iron or steel radiators and air heaters from Romania

Exports in kind, t

Romania's exports of iron or steel radiators and air heaters declined for the second year in a row. In 2020, the country exported 4 689 tonnes, marking a 6.8% decrease compared to the previous year. Over the period from 2017 to 2020, exports fell by 9.6%, which translates to an average annual decline of 3.3%. The highest export volume was recorded in 2018 at 5 516 tonnes, with the largest year-on-year increase of 6.3% also occurring that year. In contrast, the most significant drop was in 2019, when exports decreased by 8.7%.

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

From 2017 to 2020, Italy, Germany, and France were the main buyers of iron or steel radiators and air heaters from Romania. Italy accounted for 45.8% of exports in volume, Germany for 14.1%, and France for 8.2%. Together, these three countries represented 68.0% 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

The value of iron or steel radiators and air heaters exported from Romania fell for the second consecutive year. In 2020, exports totaled 22 739 thousand US dollars, a 2.0% decrease from 2019. Between 2017 and 2020, export values dropped by 10.3%, with a compound annual growth rate of -3.5%. The peak value was in 2018 at 29 782 thousand US dollars, which also saw the largest increase of 17.5%. The most substantial decline occurred in 2019, with a 22.1% drop.

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

During the 2017–2020 period, Italy, the United Kingdom, and Germany were the top contributors to Romania's export value for iron or steel radiators and air heaters. Italy made up 38.5% of exports in value terms, the United Kingdom 15.6%, and Germany 13.4%. Combined, these three countries accounted for 67.5% of the 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 iron or steel radiators and air heaters to Romania

Imports in kind, t

In 2020, Romania's imports of iron or steel radiators and air heaters amounted to 58 744 tonnes, showing little change from the previous year. The lowest import volume was in 2018 at 57 774 tonnes, while the highest was in 2019 at 58 814 tonnes. The largest decrease occurred in 2018 with a 0.5% drop, and the largest increase was in 2019 with a 1.8% rise.

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

From 2017 to 2020, Turkey dominated Romania's imports of iron or steel radiators and air heaters in volume, holding a 71.4% share. The remaining imports were distributed among various other countries, each with smaller individual shares.

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 radiators and air heaters in value terms declined for the second year in a row. In 2020, imports reached 87 087 thousand US dollars, with minimal change compared to 2019. Over the 2017–2020 period, import values increased by 2.1%, averaging a 0.7% annual growth rate. The highest value was recorded in 2018 at 92 428 thousand US dollars, which also experienced the largest increase of 8.3%. The most significant decrease was in 2019, with a 5.7% drop.

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

Between 2017 and 2020, the primary sources for Romania's imports of iron or steel radiators and air heaters in value terms were Turkey, Poland, and Italy. Turkey accounted for 55.9% of imports, Poland for 10.3%, and Italy for 7.8%. Together, these three countries represented 74.1% of the 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