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 2022, the Romanian market for building blocks and bricks of cement, concrete or artificial stone increased by X% to $X, rising for the seventh year in a row after two years of decline. Overall, consumption, however, recorded buoyant growth. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

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 2022 estimated in export price. In general, production, however, enjoyed strong growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Production of peaked in 2022 and is likely to see gradual growth in the near future.

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

Exports from Romania

In 2022, overseas shipments of building blocks and bricks of cement, concrete or artificial stone were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, recorded a mild decrease. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone expanded markedly to $X in 2022. In general, total exports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Moldova (X tons), Hungary (X tons) and Bulgaria (X tons) were the main destinations of exports of building blocks and bricks of cement, concrete or artificial stone from Romania, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Moldova ($X) remains the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from Romania, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Moldova amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Bulgaria (X% per year).

Export Prices by Country

The average export price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2022, which is down by X% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for building blocks and bricks of cement, concrete or artificial stone increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then fell rapidly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (X%), while the prices for the other major destinations experienced a decline.

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

Imports into Romania

In 2022, after seven years of growth, there was significant decline in overseas purchases of building blocks and bricks of cement, concrete or artificial stone, when their volume decreased by X% to X tons. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports of attained the peak figure at X tons in 2021, and then contracted sharply in the following year.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone dropped rapidly to $X in 2022. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then fell markedly in the following year.

Imports by Country

In 2022, Serbia (X tons) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to Romania, with a X% share of total imports. Moreover, imports of building blocks and bricks of cement, concrete or artificial stone from Serbia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. The third position in this ranking was held by Bulgaria (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Serbia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Bulgaria (X% per year).

In value terms, the largest building blocks and bricks of cement, concrete or artificial stone suppliers to Romania were Serbia ($X), Turkey ($X) and Bulgaria ($X), with a combined X% share of total imports. Hungary, Greece, Belarus and Ukraine lagged somewhat behind, together accounting for a further X%.

Ukraine, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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