Russian Federation: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in the Russian Federation

After two years of growth, the Russian rolled bitumen articles market decreased by X% to $X in 2023. Overall, consumption saw a noticeable curtailment. Rolled bitumen articles consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Rolled Bitumen Articles Production in the Russian Federation

In value terms, rolled bitumen articles production expanded slightly to $X in 2023 estimated in export price. Overall, production, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Rolled Bitumen Articles Exports

Exports from the Russian Federation

In 2023, the amount of articles of bitumen in rolls exported from Russia skyrocketed to X square meters, growing by X% on the previous year. Over the period under review, total exports indicated tangible growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The exports peaked at X square meters in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, rolled bitumen articles exports surged to $X in 2023. Overall, total exports indicated tangible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Kazakhstan (X square meters) was the main destination for rolled bitumen articles exports from Russia, accounting for a X% share of total exports. Moreover, rolled bitumen articles exports to Kazakhstan exceeded the volume sent to the second major destination, Georgia (X square meters), fourfold. Azerbaijan (X square meters) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Kazakhstan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Azerbaijan (X% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for articles of bitumen in rolls exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Georgia ($X), with a X% share of total exports. It was followed by Azerbaijan, with an X% share.

From 2012 to 2023, the average annual growth rate of value to Kazakhstan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Azerbaijan (X% per year).

Export Prices by Country

In 2023, the average rolled bitumen articles export price amounted to $X per square meter, declining by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2022 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per square meter, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per square meter), while the average price for exports to Azerbaijan ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Rolled Bitumen Articles Imports

Imports into the Russian Federation

In 2023, the amount of articles of bitumen in rolls imported into Russia skyrocketed to X square meters, picking up by X% on the previous year. Over the period under review, imports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X square meters in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

In value terms, rolled bitumen articles imports skyrocketed to $X in 2023. In general, imports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Turkey (X square meters) constituted the largest rolled bitumen articles supplier to Russia, accounting for a X% share of total imports. Moreover, rolled bitumen articles imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X square meters), threefold. Kazakhstan (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Kazakhstan (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of articles of bitumen in rolls to Russia, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by China, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and China (X% per year).

Import Prices by Country

The average rolled bitumen articles import price stood at $X per square meter in 2023, with a decrease of X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per square meter in 2022, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform