Printed circuits market in Romania

Earlier Report Observations

The market for printed circuits in Romania showed significant fluctuations between 2018 and 2024. Market size dipped to 282.6 million USD in 2019 before climbing steadily to a peak of 442.1 million USD in 2022. A severe downturn followed in 2023, with the market contracting to 242.8 million USD, then partially rebounding to 262.2 million USD in 2024.

The 2022 market peak was driven by a 35% increase in copper prices from late 2020, which elevated production costs for circuit boards, and by supply chain disruptions from the Ukraine conflict that spurred distribution of Romanian-made programmable boards. The sharp decline in 2023 resulted from continued cost pressures and the operational start of the Agency for Monitoring and Evaluating Public Enterprise Performance (AMEPIP), which redefined state-owned companies' involvement in the electronics sector. In 2024, the market recovery was supported by the construction of new manufacturing plants in related industries and a record expansion of industrial logistics hubs, facilitating better market access.

Production printed circuits in Romania

In value, 2017-2020, K $ US

Romania's printed circuits production declined for the second year in a row. In 2020, output was valued at 926 thousand US dollars, marking an 11.0% year-on-year drop. From 2018 to 2020, production fell by 32.7%, with a compound annual growth rate of -12.4%.

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

In kind, 2017-2020, K unit

Romania's printed circuits production volume decreased for the second consecutive year. In 2020, 1,740 thousand units were produced, down 18.6% compared to the previous year. Between 2018 and 2020, production declined by 37.3%, with a compound annual growth rate of -14.4%.

Annual dynamics of production in Romania in kind, 2017-2020, K unit

Exports printed circuits from Romania

Exports in kind, K unit

After two years of growth, Romania's printed circuits exports fell. In 2020, exports totaled 1,881 thousand units, a significant 18.9% year-on-year decrease. From 2017 to 2020, exports increased by 18.6%, with a compound annual growth rate of 5.9%. The peak was in 2019 at 2,319 thousand units, while the largest increase occurred in 2018 at 30.8%.

Annual dynamics of product's exports from Romania in kind, 2017-2020, K unit

From 2017 to 2020, Italy, Germany, and Belgium were the top buyers of printed circuits from Romania, accounting for 21.0%, 17.7%, and 11.5% of exports in kind, respectively. Together, they made up 50.2% of total exports in kind.

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

Romania's printed circuits exports declined for the second consecutive year. In 2020, exports reached 169.0 million US dollars, a sharp 26.7% drop from the previous year. Between 2017 and 2020, exports decreased by 7.1%, with an annualized rate of -2.4%. The highest value was recorded in 2018 at 232.7 million US dollars, and the largest increase also occurred in 2018 at 27.9%.

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

From 2017 to 2020, Germany, Belgium, and Slovakia were the leading buyers of printed circuits from Romania in value terms, with shares of 23.5%, 17.4%, and 9.4%, respectively. Combined, they accounted for 50.3% of total exports in value terms.

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

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

Imports printed circuits to Romania

Imports in kind, K unit

Romania's printed circuits imports declined for the second year in a row. In 2020, imports stood at 11,216 thousand units, an 11.3% year-on-year decrease. The highest volume was in 2018 at 16,508 thousand units. The largest decline occurred in 2019 at 23.4%, while the largest increase was in 2018 at 49.2%.

Annual dynamics of product's imports to Romania in kind, 2017-2020, K unit

Between 2017 and 2020, China, Germany, and Austria were the main sources of printed circuits imports to Romania, together representing 77.2% 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

Romania's printed circuits imports decreased for the second consecutive year. In 2020, imports amounted to 502.9 million US dollars, down 1.8% from 2019. From 2017 to 2020, imports rose by 2.2%, with an annualized rate of 0.7%. The peak was in 2018 at 527.1 million US dollars. The largest decline was in 2019 at 2.9%, and the largest increase was in 2018 at 7.2%.

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

Throughout 2017 to 2020, China, Germany, and Thailand remained the primary sources for printed circuits imports to Romania in value terms, with shares of 47.3%, 20.5%, and 5.3%, respectively. Together, they accounted for 73.2% of total imports in value terms.

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

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