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Romania Construction Materials Report - Q1, 2015

  • May 2015
  • -
  • Emerging Markets Direct Media Holdings
  • -
  • 16 pages

Summary

Table of Contents

This report covers the market developments in Q4/2014, as well as the data available as of April 2015

The construction materials output returned to growth in Q4/2014, when it increased by 5.3% y/y, after having declined by 5% y/y in the previous quarter. In full year 2014, the construction materials output increased by 4% y/y, propped by the good performance of the market in the first half of the year and Q4.

The performance of the construction materials market is linked to the evolution of the construction sector, which dropped by 6.7% y/y in 2014. The segment of building constructions however noted a cheering advance over the year, thus driving upwards sales of cement and masonry. Residential constructions surged by 32.6% y/y, while non-residential constructions increased by 16.6% y/y in 2014.

The construction materials market is expected to increase by 5-7% y/y in 2015, on the back of projected increase in private building constructions, refurbishments and municipal works.

Key points:

oConstruction materials output returns to y/y growth in Q4/2014

oConstruction materials market expected to increase 5-7% y/y in 2015

oForeign trade with construction materials grows y/y in 2014

oCement market up y/y in volume terms in 2014

oMasonry market forecasted to grow 5% y/y in 2015, driven by dynamic residential construction works

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