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AL CIRCLE

Romania’s import of aluminium structures during 2019-21 exhibits steady growth

EDITED BY : 2MINS READ

The metal aluminium has a density of around one third that of steel or copper, which denotes it as one of the lightest commercially available metals. The resultant of high strength to weight ratio drives it to an important structural material permitting enormous payloads or fuel savings for especially in the transport sector. The construction sector utilizes aluminium for window frames, panels, domed roofs and other wide-span constructions and ornaments. Presently, it is used for roofs, siding, translucent panes, doorframes, staircases, air conditioning systems, solar protection, heating systems, furniture and many other things.

Romania’s import of aluminium structures during 2019-21

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The European Commission in November 2021 stated that Romania’s economy is anticipated to expand by a real 7% in 2021, as compared to the 7.4% growth rate projected in July. The south-eastern European country, Romania imported 17,566 tonnes of aluminium structures during 2019-20, incurring an expenditure of $85.34 million from the import.

Romania's export of aluminium structures

The Romanian import of aluminium structures in 2019 was documented with 7611 tonnes, counting expenditure of $37.07 million, whereas, in 2020, the import exhibited escalation by 30.79%, as the import volume surged to 9955 tonnes and the expenditure accounted was $48.2 million.

The import for 2021 is analysed with another further growth by 18.29%, as the import volume is anticipated to attain 11,776 tonnes and expenditure is envisioned to cross $50 million.

World recycled aluminium market analysis

Romania’s major trading destinations for the import of aluminium structures are Albania, Austria, Belarus, Bulgaria, Czech Rep., China, Denmark, France, Germany, Greece, Hungary, Italy, etc.

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EDITED BY : 2MINS READ

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