Ukraine: Construction firm Rauta recorded 15% year-on-year growth in the Ukrainian insulation sector’s domestic sales of insulated sandwich panels in the first half of 2024. Meanwhile, imports of the product dropped by 12% over the same comparison period. Consumption totalled 1Mm2, in line with 2023 volumes. Business World News has reported that Rauta noted a shift from other panel types towards polyisocyanurate (PIR) core panels.
Construction activity remains mostly concentrated in Western Ukraine due to the on-going Russian invasion in other areas of the country, with investors reportedly remaining cautious. Ukraine’s construction market has declined by 60 – 70% from antebellum levels in 2021.
