India - Non-Rolled Bitumen Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Rolled Bitumen Products Price in India - 2023
Contents:
- Non-Rolled Bitumen Products Price in India (CIF) - 2023
- Non-Rolled Bitumen Products Price in India (FOB) - 2022
- Non-Rolled Bitumen Products Imports in India
- Non-Rolled Bitumen Products Exports in India
Non-Rolled Bitumen Products Price in India (CIF) - 2023
In September 2023, the average non-rolled bitumen products import price amounted to $576 per ton, approximately equating the previous month. In general, the import price showed a mild contraction. The pace of growth appeared the most rapid in March 2023 an increase of 11% month-to-month. As a result, import price attained the peak level of $694 per ton. From April 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Canada ($705 per ton), while the price for China ($433 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Canada (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Rolled Bitumen Products Price in India (FOB) - 2022
In 2022, the average non-rolled bitumen products export price amounted to $1,310 per ton, surging by 55% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked at $1,438 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($2,767 per ton), while the average price for exports to the United Arab Emirates ($525 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+13.5%), while the prices for the other major destinations experienced a decline.
Non-Rolled Bitumen Products Imports in India
Non-rolled bitumen products imports into India soared to 23K tons in 2022, picking up by 40% compared with 2021. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 85% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, non-rolled bitumen products imports surged to $14M in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 82% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Non-Rolled Bitumen Products in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 584 | 470 | 1,498 | 3,373 | 79.4% |
| Canada | 1,230 | 1,033 | 2,014 | 3,333 | 39.4% |
| United States | 3,259 | 1,543 | 2,062 | 2,536 | -8.0% |
| Russia | 551 | 659 | 1,438 | 1,807 | 48.6% |
| Malaysia | 535 | 216 | 500 | 823 | 15.4% |
| China | 387 | 326 | 274 | 699 | 21.8% |
| Italy | 39.7 | 194 | 395 | 598 | 147.0% |
| Turkey | 4.5 | 73.2 | 221 | 559 | 399.0% |
| Finland | 173 | 113 | 119 | 411 | 33.4% |
| Others | 415 | 329 | 524 | 237 | -17.0% |
| Total | 7,179 | 4,957 | 9,044 | 14,375 | 26.0% |
Top Suppliers of Non-Rolled Bitumen Products to India in 2022:
- Lithuania (6.1K tons)
- Canada (5.0K tons)
- United States (4.1K tons)
- Russia (3.6K tons)
- Italy (1.0K tons)
- China (1.0K tons)
- Turkey (0.7K tons)
- Finland (0.6K tons)
- Malaysia (0.6K tons)
Non-Rolled Bitumen Products Exports in India
For the third year in a row, India recorded decline in overseas shipments of non-rolled bitumen products, which decreased by -8.7% to 532 tons in 2022. Over the period under review, exports faced a sharp shrinkage.
In value terms, non-rolled bitumen products exports skyrocketed to $696K in 2022. Overall, exports saw a sharp decrease.
| Export of Non-Rolled Bitumen Products in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 58.6 | 87.7 | 99.8 | 268 | 66.0% |
| Nepal | 82.3 | 83.0 | 52.8 | 130 | 16.5% |
| Bhutan | 8.6 | 51.5 | 18.4 | 123 | 142.7% |
| Ghana | 21.1 | 45.6 | 18.9 | 30.0 | 12.4% |
| Mauritius | 2.3 | 17.4 | N/A | 29.3 | 133.6% |
| Democratic Republic of the Congo | N/A | N/A | 1.3 | 28.1 | 2061.5% |
| Zimbabwe | 2.7 | N/A | N/A | 22.3 | 102.1% |
| Maldives | 208 | 44.4 | 37.7 | 19.4 | -54.6% |
| Thailand | 263 | 22.3 | 6.8 | 14.0 | -62.4% |
| United Arab Emirates | 67.2 | 6.2 | 170 | 9.0 | -48.8% |
| Indonesia | 195 | 0.9 | 1.2 | 4.8 | -70.9% |
| Vietnam | 339 | 98.8 | N/A | N/A | -70.9% |
| Qatar | 108 | 97.8 | 7.4 | N/A | -73.8% |
| Others | 239 | 92.9 | 76.5 | 18.6 | -57.3% |
| Total | 1,593 | 649 | 491 | 696 | -24.1% |
Top Export Markets for Non-Rolled Bitumen Products from India in 2022:
- Bangladesh (196.7 tons)
- Nepal (102.1 tons)
- Bhutan (88.7 tons)
- Mauritius (28.7 tons)
- Maldives (23.0 tons)
- Ghana (20.4 tons)
- United Arab Emirates (17.2 tons)
- Thailand (15.1 tons)
- Zimbabwe (12.9 tons)
- Democratic Republic of the Congo (10.1 tons)
- Indonesia (3.5 tons)
This report provides an in-depth analysis of the non-rolled bitumen products market in India. 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 23991290 - Products based on bitumen (excluding in rolls)
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
-
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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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