Key Market Indicators
Revenue from Romanian electrical equipment is projected to reach €1.2 billion by 2026, up from €1.1 billion in 2021. This marks an annual growth rate of 1.5%. Since 2013, the Romanian market has seen an average annual increase of 6.2%. In 2021, Romania was ranked 16th in the world, with Slovakia coming in just ahead at €1.1 billion. France, Italy and Spain took the top three spots. Import of Romanian electrical equipment is forecast to reach $18.9 billion by 2026, up from $16.1 billion in 2021. This represents an annual growth rate of 2.6%. Since 1994, demand for electrical equipment in Romania has grown by 7.2% annually. In 2021, Romania stood at number 30 in the world, with Austria just ahead at $16.1 billion. The US, Germany and Singapore held the top three positions. Romanian electrical equipment exports are predicted to reach $18.4 billion by 2026, up from $15.6 billion in 2021. This translates to a Compound Annual Growth Rate of 2.8%. Since 1994, supply of electrical equipment in Romania has grown 6.1% each year. In 2021, Romania was placed 22nd in the world, with Austria just ahead at $15.6 billion. South Korea, the US and Germany occupied the top three spots.
