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

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

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Rolled Bitumen Articles Price in Serbia - 2023

Contents:

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

Rolled Bitumen Articles Price in Serbia (FOB) - 2023

The average rolled bitumen articles export price stood at $4.2 per square meter in September 2023, declining by -6.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in July 2023 an increase of 33% against the previous month. As a result, the export price attained the peak level of $5.0 per square meter. From August 2023 to September 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was the United States ($6.1 per square meter), while the average price for exports to Slovakia ($1.5 per square meter) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Rolled Bitumen Articles Price in Serbia (CIF) - 2023

The average rolled bitumen articles import price stood at $3.3 per square meter in September 2023, surging by 8.5% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 31% month-to-month. As a result, import price attained the peak level of $3.9 per square meter. From May 2023 to September 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($4.5 per square meter), while the price for North Macedonia ($1.9 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 Russia (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Rolled Bitumen Articles Exports in Serbia

In 2022, rolled bitumen articles exports from Serbia skyrocketed to 5M square meters, increasing by 29% compared with the year before. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, rolled bitumen articles exports soared to $18M in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 87% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Rolled Bitumen Articles in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8863,1896,7229,837123.1%
Romania1.73.52011,476854.0%
Italy7496031,0861,42023.8%
Montenegro8688358549382.6%
Slovenia0.4N/A8718301175.5%
Hungary4913624326348.9%
Croatia33927033859420.6%
North Macedonia33327640648813.6%
Bulgaria15571.536.145643.3%
New Zealand29227348242613.4%
Bosnia and Herzegovina25223034340617.2%
Others45648355169715.2%
Total4,8246,59612,32318,20155.7%

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

  1. United States (2001.0K square meters)
  2. Romania (627.4K square meters)
  3. Slovenia (379.7K square meters)
  4. Montenegro (322.1K square meters)
  5. Croatia (255.6K square meters)
  6. Bulgaria (254.7K square meters)
  7. North Macedonia (236.6K square meters)
  8. Hungary (229.4K square meters)
  9. Bosnia and Herzegovina (169.4K square meters)
  10. Italy (162.5K square meters)
  11. New Zealand (115.2K square meters)

Rolled Bitumen Articles Imports in Serbia

In 2022, imports of articles of bitumen in rolls into Serbia shrank to 1.5M square meters, which is down by -12% on the previous year's figure. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 22%. As a result, imports reached the peak of 1.7M square meters, and then contracted in the following year.

In value terms, rolled bitumen articles imports surged to $4.9M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.1% 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 +58.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Rolled Bitumen Articles in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria1,1219121,0831,1902.0%
Russia5966206851,02619.8%
Italy49444270779117.0%
Germany43345187277121.2%
Turkey21726939748931.1%
North Macedonia527240286292-17.9%
PortugalN/A20.129.222.25.1%
Others17613818630820.5%
Total3,5653,0934,2444,88811.1%

Top Suppliers of Rolled Bitumen Articles to Serbia in 2022:

  1. Austria (354.7K square meters)
  2. Russia (317.1K square meters)
  3. Turkey (210.7K square meters)
  4. Germany (199.4K square meters)
  5. Italy (186.2K square meters)
  6. North Macedonia (151.8K square meters)
  7. Portugal (32.0K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the rolled bitumen articles market in Serbia. 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:

  • Serbia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Serbia
  • 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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