Vices and clamps market in Romania

Earlier Report Observations

The Romanian market for vices and clamps demonstrated strong expansion from 2018 to 2024. Starting at 574 t, the market volume grew steadily each year, reaching 700 t by 2021. This consistent upward trend was followed by a substantial surge in 2022, when the market size jumped to 1 002 t.

After the 2022 peak, the market experienced a contraction to 870 t in 2023. However, it rebounded strongly the following year, achieving a new high of 1 085 t in 2024. Over the entire seven-year period, the total market volume nearly doubled, reflecting significant growth in domestic consumption.

Production vices and clamps in Romania

In value, 2017-2020, K $ US

Market performance showed noticeable fluctuations during the period. Production reached its lowest point in 2017, then peaked in 2018 with a 2.3-fold difference between these years. In 2020, Romania's output of vices and clamps was valued at 3 750 K $ US, representing a robust 11.9% gain compared to the previous year. The maximum value was recorded in 2018 at 4 214 K $ US. The largest decline occurred in 2019 with a 20.5% drop, while the largest increase was seen in 2018 with a substantial 132.7% rise.

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

In kind, 2017-2020, kg

In 2020, Romania produced 63 970 kg of vices and clamps, marking a 1.4% increase compared to the previous year. Between 2017 and 2020, production grew by 63%, equating to an annualized rate of 17.7%. The maximum volume was recorded in 2018 at 65 049 kg. The largest decline occurred in 2019 with a 3.0% decrease, while the largest increase was seen in 2018 with a 65.7% rise.

Annual dynamics of production in Romania in kind, 2017-2020, kg

Exports vices and clamps from Romania

Exports in kind, t

Romania exported 375.6 t of vices and clamps in 2020, representing a 10.8% drop compared to the previous year. The minimum value was recorded in 2018 at 352.4 t, while the maximum was reached in 2019 at 420.9 t. The largest increase occurred in 2019 with a 19.4% rise.

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

From 2017 to 2020, Morocco, Hungary, and Russia were the primary buyers of vices and clamps from Romania. Morocco accounted for 23.1% of exports in kind, Hungary for 15.9%, and Russia for 14.3%. Together, these three countries represented 53.2% of Romania's total exports in kind during this period.

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

Romania's vices and clamps exports increased for the third consecutive year. In 2020, exports stood at 6 907 K $ US, indicating a significant 30.9% uptick compared to 2019. Between 2017 and 2020, exports grew by 191.3%, equating to an annualized rate of 42.8%.

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

From 2017 to 2020, Hungary, Morocco, and Russia led the structure of exports in value terms. Hungary accounted for 49.1% of exports in value, Morocco for 11.8%, and Russia for 8.8%. Together, these three countries represented 69.7% of Romania's total export flows during this period.

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

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

Imports vices and clamps to Romania

Imports in kind, t

After a two-year rise, vices and clamps shipments to Romania from abroad declined. In 2020, import volume came to 940.5 t, indicating a slight contraction of 2.4% compared to 2019. Over the period 2017-2020, imports increased by 12.6%, with a compound annual growth rate of 4.0%. The maximum value was recorded in 2019 at 963.9 t, while the largest increase occurred in 2019 with an 11.9% rise.

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

From 2017 to 2020, three main markets — China, Germany, and Poland — together absorbed 57.4% of total imports in kind of vices and clamps to Romania.

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 vices and clamps import volume increased for the third consecutive year. In 2020, imports totaled 10 439 K $ US, equivalent to a significant 10.4% advance compared to the previous year. Between 2017 and 2020, imports grew by 106.6%, equating to an annualized rate of 27.4%.

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

From 2017 to 2020, Hungary, Germany, and China continued to be the main suppliers of vices and clamps to Romania. Hungary accounted for 32.3% of imports in value terms, Germany for 24.0%, and China for 10.4%. Together, these three countries formed 66.7% of Romania's total imports in value terms during this period.

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

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