Romania: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Romania

In 2021, the Romanian market for building blocks and bricks of cement, concrete or artificial stone increased by 18% to $X, rising for the sixth consecutive year after two years of decline. Over the period under review, consumption recorded a prominent expansion. Consumption of peaked in 2021 and is likely to see gradual growth in the near future.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Romania

In value terms, production of building blocks and bricks of cement, concrete or artificial stone surged to $X in 2021 estimated in export price. In general, production saw a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 24%. Production of peaked in 2021 and is likely to see steady growth in the immediate term.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from Romania

For the third year in a row, Romania recorded decline in overseas shipments of building blocks and bricks of cement, concrete or artificial stone, which decreased by -32.8% to X tons in 2021. Overall, exports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 54% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone dropped to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 56% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Moldova (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Romania, with a 57% share of total exports. Moreover, exports of building blocks and bricks of cement, concrete or artificial stone to Moldova exceeded the volume sent to the second major destination, Hungary (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Moldova amounted to -8.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+13.5% per year) and Bulgaria (+5.3% per year).

In value terms, Moldova ($X), Hungary ($X) and Bulgaria ($X) constituted the largest markets for building blocks and bricks of cement, concrete or artificial stone exported from Romania worldwide, with a combined 97% share of total exports.

Hungary, with a CAGR of +17.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average export price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, rising by 28% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for building blocks and bricks of cement, concrete or artificial stone increased by +92.5% against 2017 indices. The pace of growth was the most pronounced in 2020 an increase of 31%. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Hungary ($X per ton), while the average price for exports to Moldova ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into Romania

For the seventh consecutive year, Romania recorded growth in purchases abroad of building blocks and bricks of cement, concrete or artificial stone, which increased by 94% to X tons in 2021. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 128%. Over the period under review, imports of reached the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone skyrocketed to $X in 2021. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belarus (X tons), Turkey (X tons) and Serbia (X tons) were the main suppliers of imports of building blocks and bricks of cement, concrete or artificial stone to Romania, with a combined 69% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +1,046.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest building blocks and bricks of cement, concrete or artificial stone suppliers to Romania were Turkey ($X), Belarus ($X) and Bulgaria ($X), with a combined 65% share of total imports.

Among the main suppliers, Belarus, with a CAGR of +1,081.9%, recorded the highest rates of growth with regard to 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

In 2021, the average import price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, with an increase of 1.5% against the previous year. Overall, the import price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2014 an increase of 40% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Bulgaria ($X per ton) and Greece ($X per ton), while the price for Belarus ($X per ton) and Serbia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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