Asphalt or similar material articles in rolls market in Romania

Earlier Report Observations

Between 2018 and 2020, the market for asphalt articles in rolls in Romania contracted in physical volume from 18.2 million m² to 16.7 million m². The introduction of the SR 13576:2018 standard for storable asphalt mixes established precise requirements for composition and labeling, reshaping quality regulations and market access. The subsequent decline coincided with the global COVID-19 pandemic, which disrupted construction activity and contributed to reduced market demand.

A partial recovery occurred by 2023, with the physical market volume rising to 14.2 million m². This period was marked by high energy and oil prices, which increased production costs and supported higher market value, reaching 36.8 million USD. Concurrently, significant imports of industrial asphalt equipment, including mobile plants, indicated a modernization of domestic production capacities, which helped stabilize output.

Market dynamics in 2024 were shaped by broader European trends, including falling demand for new housing and geopolitical conflicts that raised raw material costs and created supply challenges. Investments in modern technologies and environmental regulations gained importance, focusing on recycling and energy efficiency within the asphalt segment, while sales volumes for construction materials in Romania fell sharply in the first quarter.

Production asphalt articles in rolls in Romania

In value, 2017-2020, K $ US

In 2020, Romania's production of asphalt or similar material articles in rolls was valued at 18 952 thousand US dollars, marking an 8.4% increase compared to 2019. Over the period from 2017 to 2020, production decreased by 6.2%, with a compound annual growth rate of 2.1%.

Annual dynamics of production in Romania in value, 2017-2020, K $ US

In kind, 2017-2020, K m²

In 2020, Romania produced 11 196 thousand square meters of asphalt or similar material articles in rolls, representing a gradual increase of 5.4% from the previous year. From 2017 to 2020, production declined by 6.6%, with a compound annual growth rate of 2.3%.

Annual dynamics of production in Romania in kind, 2017-2020, K m²

Exports asphalt articles in rolls from Romania

Exports in kind, K m²

Following a two-year rise, the volume of asphalt or similar material articles in rolls exported from Romania declined. In 2020, exports totaled 2 283 thousand square meters, showing a gradual decrease of 3.6% compared to 2019. Over the 2017-2020 period, exports increased by 2.5%, with a compound annual growth rate of 0.8%. The highest volume was recorded in 2019 at 2 367 thousand square meters, while the largest increase occurred in 2018 at 5.7%.

Annual dynamics of product's exports from Romania in kind, 2017-2020, K m²

From 2017 to 2020, Bulgaria and Greece were the dominant partners in Romania's exports of asphalt or similar material articles in rolls, with other countries collectively accounting for the remaining share.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Romania in kind, 2017-2020

Exports in value, K $ US

After a two-year gain, Romania's exports of asphalt or similar material articles in rolls declined. In 2020, exports amounted to 4 941 thousand US dollars, which is 6.1% lower than in 2019. Over the 2017-2020 period, exports grew by 12%, with a compound annual growth rate of 3.9%. The peak value was reached in 2019 at 5 260 thousand US dollars, and the largest increase was in 2018 at 15.0%.

Annual dynamics of product's exports from Romania in value, 2017-2020, K $ US

Between 2017 and 2020, Bulgaria and Greece dominated Romania's exports in value terms, together accounting for 89.9% of total flows, while other destinations made smaller individual contributions.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Romania in value, 2017-2020

Imports asphalt articles in rolls to Romania

Imports in kind, K m²

In 2020, Romania's imports of asphalt or similar material articles in rolls totaled 7 766 thousand square meters, remaining relatively stable compared to the previous year. From 2017 to 2020, imports increased by 7.9%, with a compound annual growth rate of 2.6%. The highest volume was recorded in 2018 at 7 880 thousand square meters. The largest decline occurred in 2019 at 1.6%, while the largest increase was in 2018 at 9.5%.

Annual dynamics of product's imports to Romania in kind, 2017-2020, K m²

From 2017 to 2020, Russia, Italy, and Austria were the principal sources for Romania's imports of asphalt or similar material articles in rolls, accounting for 36.5%, 19.9%, and 13.9% of imports in kind, respectively. Together, they represented 70.3% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Romania in kind, 2017-2020

Imports in value, K $ US

After a two-year increase, Romania's imports of asphalt or similar material articles in rolls declined. In 2020, imports stood at 15 151 thousand US dollars, reflecting a decrease of 6.1% from the previous year. Over the 2017-2020 period, imports rose by 26.9%, with a compound annual growth rate of 8.3%. The maximum value was recorded in 2019 at 16 141 thousand US dollars, and the largest increase was in 2018 at 28.0%.

Annual dynamics of product's imports to Romania in value, 2017-2020, K $ US

Between 2017 and 2020, Russia, Austria, and Italy were the largest suppliers of asphalt or similar material articles in rolls to Romania in value terms, accounting for 25.2%, 22.8%, and 22.4% of imports, respectively. Together, they formed 70.4% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Romania in value, 2017-2020