Asphalt or Bitumen Article Market

Asphalt or bitumen article market: enjoy recently published info secured by an Ai-driven business intelligence tool. Info provide imports, companies, trade, market prices, consumption, exports, production, and market size. There is a breakdown by region, including China, EU, Africa, the U.K., Latin America, the Middle East, Russia, and the U.S. Market insights and outlook to 2030 are also featured in the reports.


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Asphalt or Bitumen Article - World's Largest Markets

RatingCountry
1United States
2China
3Brazil
4Mexico
5Turkey

In value terms, the largest asphalt or bitumen article markets worldwide were the United States, China and Brazil, with a combined 72% share of the global market.

Brazil recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while asphalt or bitumen article market for the other global leaders experienced more modest paces of growth.

Asphalt or Bitumen Article Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Belarus3323823340.3%
Russia373388360-1.8%
Slovakia519547458-6.1%
Turkey541595478-6.0%
Saudi Arabia5085165352.6%
United States6026396070.4%
Canada6066286312.0%
Italy6516356550.3%
Poland681675670-0.8%
China6988397755.4%
Belgium859987817-2.5%
Germany884905862-1.3%
France10621013963-4.8%
Average610625601-0.7%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was France ($963 per ton), while Belarus ($334 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
United Kingdom806847803-0.2%
United States6446517115.1%
Israel48146969820.5%
Netherlands881813657-13.6%
Germany5466006045.2%
Canada591599580-0.9%
Czech Republic5485275762.5%
Hungary515518495-2.0%
Romania493489477-1.6%
United Arab Emirates490500464-2.7%
Poland488476446-4.4%
Ukraine405436394-1.4%
Kazakhstan3553703844.0%
Average6136216190.5%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the UK ($803 per ton), while Kazakhstan ($384 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Israel, while the other global leaders experienced more modest paces of growth.

Asphalt or Bitumen Article - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.30.30.35.6%
Canada0.30.30.2-15.5%
United Kingdom0.090.090.115.3%
Netherlands0.090.080.08-4.6%
Germany0.070.070.07-3.4%

In value terms, the largest asphalt or bitumen article importing markets worldwide were the United States ($315M), Canada ($247M) and the UK ($117M), together comprising 34% of global imports. The Netherlands, Germany, the Czech Republic, Poland, the United Arab Emirates, Israel, Ukraine, Hungary, Romania and Kazakhstan lagged somewhat behind, together comprising a further 21%.

Ukraine recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Asphalt or Bitumen Article - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.40.40.3-13.2%
Canada0.20.20.37.9%
Italy0.20.20.2-5.6%
Russia0.20.20.26.1%
Germany0.10.10.1-8.0%

In value terms, the United States ($320M), Canada ($265M) and Italy ($212M) were the countries with the highest levels of exports in 2020, together comprising 40% of global exports. These countries were followed by Russia, Germany, Belgium, Saudi Arabia, France, Poland, China, Slovakia, Turkey and Belarus, which together accounted for a further 38%.

In terms of the main exporting countries, China 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.

Asphalt or Bitumen Article - Market Forecast

Driven by rising demand for asphalt or bitumen article worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Asphalt or Bitumen Article - Product Coverage

  • HS 6807 - Asphalt or similar material; articles (eg petroleum bitumen or coal tar pitch)
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Central Asia - Asphalt or Bitumen Articles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for asphalt or bitumen article in Central Asia.

Australia and Oceania - Asphalt or Bitumen Articles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for asphalt or bitumen article in Australia and Oceania.

Latin America and the Caribbean - Asphalt or Bitumen Articles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for asphalt or bitumen article in Latin America and the Caribbean.

World - Asphalt or Bitumen Articles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for asphalt or bitumen article.

Africa - Asphalt or Bitumen Articles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for asphalt or bitumen article in Africa.

Middle East - Asphalt or Bitumen Articles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for asphalt or bitumen article in the Middle East.

South-Eastern Asia - Asphalt or Bitumen Articles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for asphalt or bitumen article in South-Eastern Asia.

Northern America - Asphalt or Bitumen Articles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for asphalt or bitumen article in Northern America.

Eastern Asia - Asphalt or Bitumen Articles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for asphalt or bitumen article in Eastern Asia.

Southern Asia - Asphalt or Bitumen Articles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for asphalt or bitumen article in Southern Asia.

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