Romania: Computing Machinery Market 2024

Computing Machinery Market Size in Romania

In 2022, after two years of growth, there was significant decline in the Romanian computing machinery market, when its value decreased by X% to $X. Overall, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then dropped remarkably in the following year.

Computing Machinery Production in Romania

In value terms, computing machinery production surged to $X in 2022 estimated in export price. In general, production showed a abrupt descent. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Computing Machinery Exports

Exports from Romania

For the fourth consecutive year, Romania recorded growth in shipments abroad of computing machinery and parts and accessories thereof, which increased by X% to X units in 2022. In general, exports, however, saw a mild reduction. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, computing machinery exports expanded remarkably to $X in 2022. Over the period under review, exports, however, recorded a mild setback. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Moldova (X units), Italy (X units) and Hungary (X units) were the main destinations of computing machinery exports from Romania, together accounting for X% of total exports. Germany, the Netherlands, Spain, Ukraine, Greece, Belgium, Poland, Austria, Bulgaria and Slovakia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for computing machinery exported from Romania were Germany ($X), Italy ($X) and Moldova ($X), with a combined X% share of total exports. Hungary, the Netherlands, Spain, Greece, Poland, Austria, Belgium, Bulgaria, Ukraine and Slovakia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Ukraine, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average computing machinery export price amounted to $X per unit, increasing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Computing Machinery Imports

Imports into Romania

In 2022, supplies from abroad of computing machinery and parts and accessories thereof decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at X units in 2021, and then dropped in the following year.

In value terms, computing machinery imports reached $X in 2022. In general, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2014 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of computing machinery imports to Romania, together accounting for X% of total imports. Poland, Moldova, Hungary, Austria, the Czech Republic, the UK and Slovakia lagged somewhat behind, together comprising a further X%.

From 2012 to 2021, the biggest increases were recorded for Moldova (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest computing machinery suppliers to Romania were the Netherlands ($X), China ($X) and Germany ($X), together comprising X% of total imports. Hungary, Austria, Poland, the Czech Republic, Slovakia, Moldova and the UK lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Moldova, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average computing machinery import price stood at $X per unit in 2021, picking up by X% against the previous year. Over the last nine years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Slovakia ($X per unit), while the price for Moldova ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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