India - Asphalt or Bitumen Articles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Asphalt or Bitumen Article in India - 2023
Contents:
- Price for Asphalt or Bitumen Article in India (CIF) - 2022
- Price for Asphalt or Bitumen Article in India (FOB) - 2022
- Imports of Asphalt or Bitumen Article in India
- Exports of Asphalt or Bitumen Article in India
Price for Asphalt or Bitumen Article in India (CIF) - 2022
In 2022, the average asphalt or bitumen article import price amounted to $615 per ton, with an increase of 16% against the previous year. Overall, the import price, however, continues to indicate a noticeable contraction. Over the period under review, average import prices attained the maximum at $1,063 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,458 per ton), while the price for Egypt ($363 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Asphalt or Bitumen Article in India (FOB) - 2022
In 2022, the average asphalt or bitumen article export price amounted to $1,195 per ton, with an increase of 19% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 19%. Over the period under review, the average export prices hit record highs at $1,692 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,196 per ton), while the average price for exports to Bhutan ($631 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 (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Asphalt or Bitumen Article in India
In 2022, the amount of asphalt or bitumen articles imported into India skyrocketed to 34K tons, picking up by 23% on 2021 figures. In general, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 58%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, asphalt or bitumen article imports surged to $21M in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 58% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Asphalt or Bitumen Article in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1.2 | 1.1 | 2.2 | 3.5 | 42.9% |
| Lithuania | 0.6 | 0.5 | 1.5 | 3.4 | 78.3% |
| Russia | 1.8 | 2.2 | 2.6 | 3.2 | 21.1% |
| United States | 3.4 | 1.6 | 2.1 | 2.7 | -7.4% |
| Egypt | 1.6 | 1.4 | 1.9 | 2.2 | 11.2% |
| China | 0.5 | 0.8 | 1.6 | 1.9 | 56.0% |
| Malaysia | 0.6 | 0.2 | 0.5 | 0.8 | 10.1% |
| Italy | 0.2 | 0.3 | 0.4 | 0.7 | 51.8% |
| Others | 1.9 | 1.1 | 1.9 | 2.4 | 8.1% |
| Total | 11.8 | 9.3 | 14.6 | 20.8 | 20.8% |
Top Suppliers of Asphalt or Bitumen Article to India in 2022:
- Russia (6.2K tons)
- Lithuania (6.1K tons)
- Egypt (6.0K tons)
- Canada (5.2K tons)
- United States (4.2K tons)
- China (1.9K tons)
- Italy (1.0K tons)
- Malaysia (0.6K tons)
Exports of Asphalt or Bitumen Article in India
In 2022, overseas shipments of asphalt or bitumen articles increased by 29% to 2.1K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt downturn.
In value terms, asphalt or bitumen article exports skyrocketed to $2.5M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern.
| Export of Asphalt or Bitumen Article in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.1 | 8.0 | 85.1 | 853 | 1943.2% |
| Bangladesh | 81.9 | 95.6 | 162 | 549 | 88.6% |
| Malaysia | 41.4 | 293 | 227 | 361 | 105.8% |
| Nepal | 117 | 120 | 141 | 199 | 19.4% |
| Bhutan | 16.7 | 60.5 | 33.6 | 132 | 99.2% |
| Democratic Republic of the Congo | 1.0 | 0.6 | 73.5 | 106 | 373.3% |
| Mauritius | 21.3 | 64.7 | 40.0 | 71.0 | 49.4% |
| Maldives | 231 | 72.8 | 53.7 | 35.7 | -46.3% |
| United Arab Emirates | 319 | 545 | 395 | 31.3 | -53.9% |
| Thailand | 259 | 22.1 | 9.3 | 14.0 | -62.2% |
| Indonesia | 192 | 0.9 | 1.6 | 4.8 | -70.8% |
| Yemen | 192 | 510 | 103 | N/A | -26.8% |
| Vietnam | 335 | 98.0 | N/A | N/A | -70.7% |
| Others | 699 | 390 | 304 | 135 | -42.2% |
| Total | 2,506 | 2,283 | 1,627 | 2,491 | -0.2% |
Top Export Markets for Asphalt or Bitumen Article from India in 2022:
- Bangladesh (817.2 tons)
- United States (266.9 tons)
- Malaysia (258.3 tons)
- Bhutan (209.0 tons)
- Nepal (198.0 tons)
- Mauritius (62.7 tons)
- Democratic Republic of the Congo (60.5 tons)
- Maldives (36.3 tons)
- United Arab Emirates (31.3 tons)
- Thailand (15.1 tons)
- Indonesia (3.5 tons)
This report provides an in-depth analysis of the market for asphalt or bitumen article 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 23991255 - Articles of asphalt or of similar materials, e.g. petroleum bitumen or coal tar pitch, in rolls
- 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
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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
- 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
136
This report provides an in-depth analysis of the market for asphalt or bitumen article in India.
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This report provides an in-depth analysis of the non-rolled bitumen products market in India.
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This report provides an in-depth analysis of the global market for asphalt or bitumen article.
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This report provides an in-depth analysis of the global rolled bitumen articles market.
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This report provides an in-depth analysis of the global non-rolled bitumen products market.
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This report provides an in-depth analysis of the market for asphalt or bitumen article in India.
275
This report provides an in-depth analysis of the rolled bitumen articles market in India.
434
This report provides an in-depth analysis of the non-rolled bitumen products market in India.
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This report provides an in-depth analysis of the global market for asphalt or bitumen article.
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