Fittings for buildings market in Romania

Earlier Report Observations

The market for base metal mountings and fittings for buildings in Romania expanded consistently from 2018 to 2021, with volume growing from 14 701 t to 20 536 t. This upward trend reversed in 2022, when market size dipped to 19 147 t.

In 2023, the market volume further contracted to 17 463 t. This decline coincided with a notable drop in construction material prices, with reductions of up to 25% for key categories, as well as discounts of up to 30% offered by market players. These moves were a response to subdued demand and aimed at improving producers' profit margins through strategic price recalibration.

The market partially rebounded in 2024, reaching 17 780 t in volume, while its value jumped to $120.7 million. Sharp price increases for essential materials—such as construction steel (+35%) and cement (+28%)—were triggered by geopolitical conflicts and embargoes affecting supply. Simultaneously, major infrastructure projects funded through the National Recovery and Resilience Plan (PNRR) boosted demand for certain building products. Leading companies like Bilka Steel and Procema reported higher sales and profitability, indicating market consolidation and investment in industrial capacity.

Production fittings for buildings in Romania

In value, 2017-2020, K $ US

The market exhibited volatility during the observed period. Production reached its lowest point in 2017 and peaked in 2018, with a two-fold difference between these years. In 2020, the output of fittings for buildings in Romania was valued at 5 496 K $ US, representing a 41.4% decrease compared to the previous year. The highest value was recorded in 2018 at 10 610 K $ US, with the largest increase occurring that same year at 98.2%.

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

In kind, 2017-2020, t

Production of fittings for buildings in Romania declined for the second consecutive year. In 2020, Romania produced 909 t of fittings for buildings, marking a sharp decline of 38.7% from the previous year. Between 2017 and 2020, production decreased by 42.7%, which translates to an annualized rate of 16.9%.

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

Exports fittings for buildings from Romania

Exports in kind, t

In 2020, Romania's foreign supplies of fittings for buildings totaled 1 275 t, down 25.7% year-over-year. From 2017 to 2020, exports decreased by 33.1%, with a compound annual growth rate (CAGR) of -12.5%. The largest increase was recorded in 2019 at 1.2%.

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

From 2017 to 2020, Italy, Sweden, and the United Kingdom were the key destinations for Romania's exports of fittings for buildings in kind. Italy accounted for 29.2% of exports, Sweden for 20.4%, and the United Kingdom for 8.9%. Together, these three countries represented 58.4% 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 export volume of fittings for buildings was valued at 11 608 K $ US, down 12.4% compared to 2019. Between 2017 and 2020, exports decreased by 24.2%, equating to an annualized rate of 8.8%. The largest decline occurred in 2018 at 13.7%, while the largest increase was in 2019 at 0.3%.

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

From 2017 to 2020, Sweden, Italy, and Switzerland accounted for the largest share of Romania's exports of fittings for buildings in value terms. Sweden represented 37.0% of exports, Italy 24.5%, and Switzerland 7.3%. Combined, these three countries comprised 68.8% 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 fittings for buildings to Romania

Imports in kind, t

Cross-border shipments of fittings for buildings to Romania increased for the second consecutive year. In 2020, imports amounted to 17 573 t, rising 7.6% compared to the previous year. Between 2017 and 2020, imports increased by 17.3%, with an annualized rate of 5.5%. The lowest value was recorded in 2018 at 14 812 t, with the largest decline that year at 1.1%. The largest increase occurred in 2019 at 10.3%.

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

From 2017 to 2020, Turkey, Germany, and Hungary were the main sources in the geographical breakdown of Romania's imports of fittings for buildings in kind. Turkey accounted for 25.2% of imports, Germany for 16.8%, and Hungary for 12.6%. Together, these three countries held a combined share of 54.6% 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 fittings for buildings increased for the third consecutive year. In 2020, imports amounted to 94 002 K $ US, indicating a notable advance of 12.1% over the past year. From 2017 to 2020, imports increased by 32%, with a compound annual growth rate (CAGR) of 9.7%.

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

Over the period 2017 to 2020, Germany, Turkey, and Hungary led the ranking of suppliers of fittings for buildings to Romania in value terms. Germany accounted for 22.9% of imports, Turkey for 16.5%, and Hungary for 14.8%. Their combined share reached 54.2% 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