Cement, concrete or artificial stone articles market in Romania

Earlier Report Observations

The Romanian market for cement, concrete, and artificial stone articles grew from 4.36 million tons in 2018 to a peak of 5.45 million tons in 2021. This expansion was primarily driven by strong demand from residential construction and infrastructure development, supported by the significant presence of major producers like Holcim, Romcim, and Heidelberg Materials. During this period, the industry also saw an increased focus on digitalization and sustainable production methods, which contributed to market efficiency and growth.

The COVID-19 pandemic in 2020 caused temporary supply chain disruptions and construction site closures, leading to a slight market contraction to 4.93 million tons. However, a swift rebound followed in 2021, fueled by renewed demand for infrastructure projects and the entry of new players introducing innovative products, even amid rising raw material costs and widespread supply bottlenecks that pushed prices higher across the sector.

In 2022, market volume declined to 5.13 million tons. This downturn was largely due to the war in Ukraine, which exacerbated global inflation and logistics costs, leading to sharp price increases for key materials like steel and imported components. Subsequent years were characterized by continued price pressures from raw material and logistical costs, alongside a growing market preference for sustainable and high-performance materials, while major companies consolidated their positions.

Production cement, concrete or artificial stone articles in Romania

In kind, 2017-2020, K t

In 2020, Romania produced 4 857 thousand tonnes of cement, concrete, or artificial stone articles, marking a 1.9% decrease from the previous year. Looking at the period from 2018 to 2020, production grew by 11.4%, with an average annual growth rate of 3.7%. The peak production occurred in 2019, reaching 4 951 thousand tonnes, which also saw the largest annual increase of 13.6%.

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

Exports cement, concrete or artificial stone articles from Romania

Exports in kind, K t

Romania's exports of cement, concrete, or artificial stone articles declined for the second year in a row. In 2020, exports totaled 92.7 thousand tonnes, down 5.3% from 2019. The highest export volume was recorded in 2018 at 105.3 thousand tonnes, which also experienced the largest annual increase of 15.2%. The most significant decline occurred in 2019, with a drop of 7.0%.

Annual dynamics of product's exports from Romania in kind, 2017-2020, K t

From 2017 to 2020, the top destinations for Romania's exports of cement, concrete, or artificial stone articles in volume terms were Moldova, accounting for 38.7% of exports, Hungary with 24.3%, and Bulgaria at 20.4%. Together, these three countries represented 83.4% of total export flows.

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

In 2020, Romania's exports of cement, concrete, or artificial stone articles in value terms amounted to 17 980 thousand US dollars, showing an 11.0% increase compared to the previous year. Over the period from 2017 to 2020, exports grew by 3.9%, translating to an average annual rate of 1.3%. The lowest value was recorded in 2019 at 16 196 thousand US dollars, which also saw the largest decline of 12.6%. The peak value occurred in 2018, reaching 18 522 thousand US dollars.

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

Between 2017 and 2020, the key partners for Romania's exports in value terms were Moldova, contributing 27.4% of exports, France with 20.9%, and Hungary at 13.9%. Collectively, these three countries accounted for 62.2% of total export flows.

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

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

Imports cement, concrete or artificial stone articles to Romania

Imports in kind, K t

Romania's imports of cement, concrete, or artificial stone articles increased for the third consecutive year. In 2020, imports reached approximately 161.6 thousand tonnes, surging by 30.8% compared to the previous year. From 2017 to 2020, imports rose by 108.8%, with an average annual growth rate of 27.8%.

Annual dynamics of product's imports to Romania in kind, 2017-2020, K t

During 2017–2020, Hungary was the leading source for Romania's imports in volume terms, representing 37.9% of imports, followed by Bulgaria at 18.3%, and Serbia with 14.4%. Together, these three countries made up 70.6% of total import 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

Romania's imports of cement, concrete, or artificial stone articles in value terms grew for the third year in a row. In 2020, import value stood at 38 420 thousand US dollars, up 20.9% from a year earlier. Over the period from 2017 to 2020, imports increased by 96.6%, with a compound annual growth rate of 25.3%.

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

An analysis of imports in value terms from 2017 to 2020 reveals a diverse distribution across multiple markets. Hungary led with 20.8% of imports, followed by Bulgaria at 14.7%, and Germany with 9.7%. Together, these three countries accounted for 45.3% of total flows, while the remaining 54.7% was spread among other partners.

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

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