Key Market Indicators
Romanian Electrical Equipment Revenue is projected to reach €1.21 billion by 2028, up from €1.1 billion in 2023. This marks an annual growth rate of 1.6%. The market has been on an upward trajectory, increasing by 1.9% annually since 2013. In 2023, Romania ranked 18th in this sector, with Slovakia slightly ahead at €1.1 billion. France, Italy, and Spain occupied the second, third, and fourth spots, respectively. Romanian Electrical Equipment Imports are expected to hit $20.1 billion by 2028, rising from $17.2 billion in 2023. This indicates a 2.4% annual growth rate. Since 1994, the demand for electrical equipment in Romania has grown by 2.8% each year. On the export front, Romania is set to reach $19.6 billion by 2028, up from $16.7 billion in 2023. This reflects an annual growth rate of 2.5%. Since 1994, the supply of electrical equipment from Romania has increased by 3.1% each year.
