Executive summary 4 Market overview 5 Construction materials market expected to increase by 5-7% y/y in 2015 5 Construction materials output returns to y/y growth in Q4/2014 5 Producers’ prices decline for fifth consecutive quarter in Q4/2014 6 Foreign trade with construction materials grows y/y in 2014 7 Construction works index up marginally y/y in Q4, full year performance remains negative y/y 8 Number of residential permits rises 3% y/y in Q1/2015 10 Number of finished dwellings down y/y in Q4/2014, after third consecutive quarters of increase 10 Value added by construction forecasted to return on upward path beginning with 2015 11 Cement, concrete 12 Cement market up y/y in volume terms in 2014 12 Irish CRH to acquire Holcim, Lafarge assets 13 Holcim’s cement sales up 7.8% y/y in 2014 13 Lafarge reports increase of cement sales volume, backed by higher demand 13 Ceramic bricks, tiles 14 Masonry market forecasted to grow by 5% y/y in 2015, driven by dynamic residential construction works 14 Brick maker Ceramica SA rebrands as Brikston Construction Solutions 14 Cemacon reports higher sales volume, value in Q1/2015 14 Macon Deva’s turnover rises 10% y/y in 2014 14 Thermal insulation, finishing materials 15 Mineral wool market records mixed performance in 2014 15 Expanded polystyrene market stagnant y/y in 2014 15 AdePlast’s turnover surges 25% y/y in Q1/2015 15 Policolor to invest €6.4mn in construction of new plant in Bucharest 15 Construction material, DIY retailers 16 Dedeman targets 8% y/y advance of sales in 2015 16 Praktiker plans to expand chain to 45 stores in two years 16 Kingfisher scraps plans to acquire Mr. Bricolage stores
Romania Construction Materials Report - Q1, 2015 Description
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.
Construction materials output returns to y/y growth in Q4/2014
Construction materials market expected to increase 5-7% y/y in 2015
Foreign trade with construction materials grows y/y in 2014
Cement market up y/y in volume terms in 2014
Masonry market forecasted to grow 5% y/y in 2015, driven by dynamic residential construction works