World - Articles of Bitumen In Rolls - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRolled Bitumen Articles Market
The global market for rolled bitumen articles is showing signs of growth with an anticipated CAGR of +2.0% in consumption volume and +4.5% in market value from 2022 to 2030. Countries like the United States, China, and Russia are leading in consumption and production. Import and export trends are also outlined, with pricing and growth rates highlighted for different countries.
Market Forecast
Driven by increasing demand for articles of bitumen in rolls worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +2.0% for the period from 2022 to 2030, which is projected to bring the market volume to 8B square meters by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +4.5% for the period from 2022 to 2030, which is projected to bring the market value to $34.8B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Articles of Bitumen In Rolls
Global rolled bitumen articles consumption dropped slightly to 6.8B square meters in 2022, approximately reflecting 2021 figures. In general, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the consumption volume increased by 4.9%. Global consumption peaked at 6.9B square meters in 2018; however, from 2019 to 2022, consumption failed to regain momentum.
The global rolled bitumen articles market revenue rose slightly to $24.4B in 2022, picking up by 1.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 7.9%. Over the period under review, the global market hit record highs in 2022 and is likely to continue growth in years to come.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were the United States (2.3B square meters), China (1.9B square meters) and Russia (382M square meters), together accounting for 67% of global consumption.
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by China (with a CAGR of +4.8%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the largest rolled bitumen articles markets worldwide were China ($7.5B), the United States ($7.3B) and Turkey ($2B), together accounting for 69% of the global market.
China, with a CAGR of +7.5%, saw the highest growth rate of market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of rolled bitumen articles per capita consumption in 2022 were the United States (6.9 square meters per person), South Korea (3.5 square meters per person) and Russia (2.7 square meters per person).
From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +4.7%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Articles of Bitumen In Rolls
In 2022, production of articles of bitumen in rolls increased by 0.1% to 6.9B square meters, rising for the second year in a row after two years of decline. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 5.3%. Global production peaked in 2022 and is likely to see gradual growth in the immediate term.
In value terms, rolled bitumen articles production reached $24.5B in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by 16%. Over the period under review, global production attained the maximum level at $26.5B in 2019; however, from 2020 to 2022, production failed to regain momentum.
Production By Country
The countries with the highest volumes of production in 2022 were the United States (2.3B square meters), China (1.9B square meters) and Russia (476M square meters), together accounting for 67% of global production.
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by China (with a CAGR of +4.8%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Articles of Bitumen In Rolls
In 2022, the amount of articles of bitumen in rolls imported worldwide declined to 429M square meters, falling by -7.6% on the previous year. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 8.2% against the previous year. Over the period under review, global imports hit record highs at 486M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, rolled bitumen articles imports expanded sharply to $1.7B in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, global imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
Imports By Country
In 2022, the Netherlands (21M square meters), the UK (20M square meters), France (16M square meters), Kazakhstan (16M square meters), Iraq (15M square meters), the Czech Republic (14M square meters), Slovakia (14M square meters), Poland (14M square meters), Israel (11M square meters), Sweden (11M square meters), Canada (11M square meters) and the United Arab Emirates (10M square meters) was the largest importer of articles of bitumen in rolls in the world, achieving 40% of total import. Belgium (9.5M square meters) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Iraq (with a CAGR of +27.3%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the Netherlands ($141M), the UK ($99M) and Canada ($79M) constituted the countries with the highest levels of imports in 2022, with a combined 19% share of global imports. Belgium, France, Sweden, the Czech Republic, Israel, Poland, Kazakhstan, Slovakia, the United Arab Emirates and Iraq lagged somewhat behind, together comprising a further 24%.
In terms of the main importing countries, Iraq, with a CAGR of +18.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
In 2022, the average rolled bitumen articles import price amounted to $3.9 per square meter, surging by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($7.4 per square meter), while Iraq ($1.2 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.0%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Articles of Bitumen In Rolls
In 2022, global rolled bitumen articles exports declined modestly to 518M square meters, waning by -3.1% on the previous year. The total export volume increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by 8% against the previous year. The global exports peaked at 539M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, rolled bitumen articles exports amounted to $1.7B in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, the global exports hit record highs in 2022 and are expected to retain growth in the near future.
Exports By Country
In 2022, Russia (94M square meters), Italy (80M square meters) and Belarus (61M square meters) represented the major exporter of articles of bitumen in rolls in the world, comprising 45% of total export. Canada (35M square meters) held a 6.7% share (based on physical terms) of total exports, which put it in second place, followed by Germany (5.5%) and Saudi Arabia (5%). The following exporters - Belgium (22M square meters), Spain (18M square meters), France (16M square meters), Turkey (15M square meters), Austria (14M square meters), Poland (12M square meters) and the Czech Republic (12M square meters) - together made up 21% of total exports.
From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +25.5%), while shipments for the other global leaders experienced more modest paces of growth.
In value terms, Italy ($273M), Russia ($219M) and Belgium ($144M) were the countries with the highest levels of exports in 2022, together comprising 38% of global exports. Canada, Germany, France, Saudi Arabia, Spain, Austria, Belarus, Poland, Turkey and the Czech Republic lagged somewhat behind, together accounting for a further 38%.
In terms of the main exporting countries, Belarus, with a CAGR of +13.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average rolled bitumen articles export price amounted to $3.3 per square meter, surging by 10% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 15%. The global export price peaked at $3.4 per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($6.4 per square meter), while Belarus ($0.7 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.1%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global rolled bitumen articles market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23991255 - Articles of asphalt or of similar materials, e.g. petroleum bitumen or coal tar pitch, in rolls
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global rolled bitumen articles market.
This report provides an in-depth analysis of the global market for asphalt or bitumen article.
This report provides an in-depth analysis of the global non-rolled bitumen products market.
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