Electro-Mechanical Tool Market Overview in Romania
In value terms, electro-mechanical tool production soared to $ in 2018 estimated in export prices. Overall, production continues to indicate strong growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.
The value of the electro-mechanical tool market in Romania expanded significantly to $ in 2018, growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a deep reduction. The pace of growth was the most pronounced in 2015 when the market value increased by % year-to-year. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to 2018, consumption remained at a lower figure.