Earlier Report Observations
The market for tapping and threading tools in Romania, measured in physical volume, expanded from 355 tonnes in 2020 to a peak of 436 tonnes in 2022, before contracting to 375 tonnes in 2023 and 355 tonnes in 2024. This fluctuation was accompanied by a decline in domestic production from 289 tonnes in 2022 to 219 tonnes in 2024, while import volumes varied, reaching 153 tonnes in 2022.
In value terms, the market demonstrated relative stability, with the total market size moving between $10.5 million in 2020 and $11.3 million in 2024. The steady market value amidst volume changes suggests variations in product mix or average prices over the period, with import value fluctuating around $7.7 million by the end of 2024.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2020, 2022-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2020, 2022-2024
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4.1.2. In value
- 4.1.2.1. Production, 2020, 2022-2024
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2020, 2022-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Romania
- 5.1.1. In kind, 2020, 2022-2024, t
- 5.1.2. In value, 2020, 2022-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Romania
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Romania in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Romania by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Romania in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Romania by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Romania, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Romania by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Romania in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Romania by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Romania in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Romania by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Romania, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Romania by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Romania in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Romania by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Romania in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Romania by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Romania, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Romania by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Romania in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Romania by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Romania in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Romania by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Romania, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Romania by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production tapping and threading tools in Romania
In value, 2017-2020, K $ US
Annual dynamics of production in Romania in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
In kind, 2017-2020, t
Annual dynamics of production in Romania in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports tapping and threading tools from Romania
Exports in kind, t
Market performance showed significant fluctuations during this period. Exports reached their lowest point in 2019, with the highest volume recorded in 2017, representing a 20-fold difference between these years. In 2020, exports of tools for tapping or threading from Romania amounted to 2.8 t, marking a sharp increase of 66.6% compared to the previous year. The minimum value was 1.7 t in 2019, which also saw the largest decline of 80.4%.
Annual dynamics of product's exports from Romania in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (74.6%) | (80.4%) | 66.6% | (56.4%) |
From 2017 to 2020, the country structure of exports in kind was heavily concentrated on Belgium, which accounted for 71.5% of total flows, with other partners making up the remainder.
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
Exports of tools for tapping or threading from Romania declined for the third consecutive year. In 2020, exports totaled 85 K $ US, down 55.7% year-over-year. Over the 2017-2020 period, exports decreased by 94.5%, with a compound annual growth rate (CAGR) of -62.1%.
Annual dynamics of product's exports from Romania in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (80.4%) | (36.9%) | (55.7%) | (62.1%) |
From 2017 to 2020, Germany, Belgium, and Greece were the key export destinations in value terms, with shares of 45.6%, 32.9%, and 4.6% respectively, together accounting for 83.1% 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 tapping and threading tools to Romania
Imports in kind, t
After a two-year increase, imports of foreign tools for tapping or threading into Romania declined. In 2020, imports were recorded at 108.9 t, showing a substantial drop of 19.7% compared to the previous year. Between 2017 and 2020, imports rose by 35.7%, equivalent to an annualized rate of 10.7%. The maximum value was 135.5 t in 2019, while the largest increase of 31.9% occurred in 2018.
Annual dynamics of product's imports to Romania in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 31.9% | 28.0% | (19.7%) | 10.7% |
From 2017 to 2020, Germany, the Netherlands, and China were consistently the main sources for imports in kind, with shares of 46.2%, 13.0%, and 11.2% respectively, together representing 70.4% 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
After a two-year rise, imports of foreign tools for tapping or threading into Romania fell. In 2020, Romania imported tools for tapping or threading worth {value_last_year} K $ US, equivalent to a decrease of 19.4% year-over-year. The maximum value was 7 765 K $ US in 2019, and the largest increase of 24.3% was recorded in 2018.
Annual dynamics of product's imports to Romania in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 24.3% | 0.2% | (19.4%) | 0.1% |
From 2017 to 2020, Germany, the Netherlands, and Italy emerged as the primary markets for imports in value terms, with shares of 45.3%, 19.2%, and 8.7% respectively, together accounting for 73.2% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Romania in value, 2017-2020
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