India - Articles of Bitumen In Rolls - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

India - Articles of Bitumen In Rolls - Market Analysis, Forecast, Size, Trends And Insights

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Rolled Bitumen Articles Price in India - 2023

Contents:

  1. Rolled Bitumen Articles Price in India (CIF) - 2023
  2. Rolled Bitumen Articles Price in India (FOB) - 2022
  3. Rolled Bitumen Articles Imports in India
  4. Rolled Bitumen Articles Exports in India

Rolled Bitumen Articles Price in India (CIF) - 2023

The average rolled bitumen articles import price stood at $4.4 per square meter in September 2023, standing approximately at the previous month. Over the period under review, the import price continues to indicate a prominent increase. The growth pace was the most rapid in October 2022 an increase of 128% m-o-m. Over the period under review, average import prices attained the maximum at $6.8 per square meter in February 2023; however, from March 2023 to September 2023, import prices remained at a 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 France ($5.9 per square meter), while the price for Spain ($1.7 per square meter) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Rolled Bitumen Articles Price in India (FOB) - 2022

In 2022, the average rolled bitumen articles export price amounted to $5.8 per square meter, picking up by 21% against the previous year. In general, the export price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2014 an increase of 113%. As a result, the export price reached the peak level of $14 per square meter. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($13 per square meter), while the average price for exports to Nepal ($2.9 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.6%), while the prices for the other major destinations experienced mixed trend patterns.

Rolled Bitumen Articles Imports in India

In 2022, purchases abroad of articles of bitumen in rolls decreased by -4.1% to 2.7M square meters for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of 2.8M square meters, and then fell modestly in the following year.

In value terms, rolled bitumen articles imports amounted to $6.4M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Rolled Bitumen Articles in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt1,5581,3311,9162,17711.8%
Russia1,2191,5391,1161,3673.9%
China1234641,2871,226115.2%
Belgium21052.26.748732.4%
Spain13315123220415.3%
CanadaN/A98.615117734.0%
Others1,359676856739-18.4%
Total4,6014,3115,5656,37611.5%

Top Suppliers of Rolled Bitumen Articles to India in 2022:

  1. Egypt (1498.6K square meters)
  2. Russia (646.8K square meters)
  3. China (229.8K square meters)
  4. Spain (82.0K square meters)
  5. Belgium (64.0K square meters)
  6. Canada (60.5K square meters)

Rolled Bitumen Articles Exports in India

In 2022, rolled bitumen articles exports from India soared to 309K square meters, with an increase of 30% compared with the previous year. Over the period under review, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 90%. As a result, the exports attained the peak of 447K square meters. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, rolled bitumen articles exports skyrocketed to $1.8M in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 79%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Export of Rolled Bitumen Articles in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A102853736.3%
Malaysia40.6292271361107.2%
Bangladesh23.68.628.8281128.3%
Democratic Republic of the Congo1.00.685.778.0327.3%
Nepal34.638.181.369.326.1%
Mauritius18.747.347.941.730.6%
United Arab Emirates24853719222.3-55.2%
Maldives25.328.62.116.3-13.6%
Yemen188509122N/A-19.4%
Qatar286137N/AN/A-52.1%
Others47.636.420472.415.0%
Total9131,6341,1371,79525.3%

Top Export Markets for Rolled Bitumen Articles from India in 2022:

  1. Bangladesh (96.4K square meters)
  2. United States (66.7K square meters)
  3. Malaysia (64.6K square meters)
  4. Nepal (24.0K square meters)
  5. Democratic Republic of the Congo (16.1K square meters)
  6. Mauritius (8.5K square meters)
  7. United Arab Emirates (6.9K square meters)
  8. Maldives (3.3K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the rolled bitumen articles 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 23991255 - Articles of asphalt or of similar materials, e.g. petroleum bitumen or coal tar pitch, 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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