Non-refractory mortars and concretes market in Romania

Earlier Report Observations

The market for non-refractory mortars and concretes in Romania experienced substantial growth from 2018 to 2020, with both physical volume and market value rising consistently. Domestic production increased sharply, driving the overall expansion of the market.

In physical terms, the market volume expanded from 18.8 million tons in 2018 to 24.1 million tons in 2020, representing a 28% increase over the two-year period. The most significant growth occurred between 2018 and 2019, when volume jumped by 23% to 23.1 million tons, followed by a more moderate 4.4% rise in 2020. In monetary terms, the market's value grew from 605.4 million USD to 787.6 million USD, a 30% increase, with value growth outpacing volume growth in the final year.

This expansion was underpinned by a robust increase in domestic output, while imports and exports remained secondary in scale. The market's trajectory during these years reflects a period of strong domestic demand and production capacity utilization.

Production non-refractory mortars and concretes in Romania

In value, 2017-2020, M $ US

Romania's production of non-refractory mortars and concretes has grown for the third year in a row. In 2020, the output was valued at 776.4 million US dollars, marking a solid 13.5% increase compared to the previous year. From 2017 to 2020, production rose by 50.7%, with an average annual growth rate of 14.6%.

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

In kind, 2017-2020, K t

Romania's production volume of non-refractory mortars and concretes has increased for the third consecutive year. In 2020, the country produced 24 063 thousand tonnes, showing a gradual rise of 4.3% from the year before. Over the period from 2017 to 2020, production grew by 52.4%, with a compound annual growth rate of 15.1%.

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

Exports non-refractory mortars and concretes from Romania

Exports in kind, t

The market performance showed noticeable fluctuations during this period. Exports reached their lowest point in 2017 and peaked in 2019, with a 2.1-fold difference between these years. In 2020, Romania exported 29 970 tonnes of non-refractory mortars and concretes, recording only a marginal change compared to the previous year. The highest volume was in 2019 at 30 039 tonnes, with the largest annual increase of 88.3% also occurring that year.

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

From 2017 to 2020, Hungary, Bulgaria, and Moldova were the leading destinations for Romania's exports in kind. Hungary accounted for 51.6% of exports, Bulgaria for 21.2%, and Moldova for 20.7%. Together, these three countries made up 93.5% 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

The value of non-refractory mortars and concretes exported from Romania has risen for the third year in a row. In 2020, exports totaled 4 192 thousand US dollars, a slight uptick of 0.8% from the previous year. Between 2017 and 2020, exports increased by 72.7%, equating to an annualized growth rate of 20.0%.

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

Over the period from 2017 to 2020, Hungary, Bulgaria, and Moldova remained the top destinations in terms of export value. Hungary held a 37.4% share, Bulgaria 24.0%, and Moldova 23.4%. Combined, these three countries represented 84.8% 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 non-refractory mortars and concretes to Romania

Imports in kind, t

Romania's imports of non-refractory mortars and concretes have grown for the third consecutive year. In 2020, imports stood at 58 412 tonnes, amounting to a 15.5% increase from the year before. From 2017 to 2020, imports rose by 50%, with a compound annual growth rate of 14.5%.

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

Throughout 2017 to 2020, Bulgaria, Italy, and Greece were the main sources for Romania's imports in kind. Bulgaria accounted for 45.3% of imports, Italy for 13.9%, and Greece for 11.5%. Together, these three countries made up 70.7% 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

Cross-border shipments of non-refractory mortars and concretes into Romania have increased for the third year running. In 2020, imports totaled 15 359 thousand US dollars, up by 2.0% compared to 2019. Over the period from 2017 to 2020, imports grew by 39.9%, with an average annual growth rate of 11.8%.

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

From 2017 to 2020, Bulgaria, Austria, and Italy continued to be the leading suppliers of non-refractory mortars and concretes to Romania in value terms. Bulgaria held a 27.5% share, Austria 20.3%, and Italy 18.3%. Together, these three countries accounted for 66.1% of total imports.

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

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