Report Update: Apr 1, 2024

U.S. - Articles of Bitumen In Rolls - Market Analysis, Forecast, Size, Trends And Insights

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Rolled Bitumen Articles Price in the United States - 2023

Rolled Bitumen Articles Price in the United States (CIF) - 2022

The average rolled bitumen articles import price stood at $26 per square meter in 2022, increasing by 42% against the previous year. Overall, the import price saw significant growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 167% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($74 per square meter), while the price for Venezuela ($3.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+31.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Rolled Bitumen Articles Price in the United States (FOB) - 2022

In 2022, the average rolled bitumen articles export price amounted to $40 per square meter, with an increase of 13% against the previous year. Over the period under review, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 248%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($102 per square meter), while the average price for exports to the Dominican Republic ($6 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 Canada (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Rolled Bitumen Articles Imports in the United States

For the third year in a row, the United States recorded decline in overseas purchases of articles of bitumen in rolls, which decreased by -27.5% to 7.7M square meters in 2022. Overall, imports recorded a precipitous decrease. The smallest decline of -14.9% was in 2021. Imports peaked at 31M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, rolled bitumen articles imports amounted to $203M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 2019 indices. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Rolled Bitumen Articles in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	88.1	89.4	112	127	13.0%
Mexico	25.9	22.8	27.9	32.7	8.1%
United Arab Emirates	4.2	18.8	27.3	15.3	53.9%
Italy	7.6	6.8	14.5	10.1	9.9%
Serbia	1.4	2.4	5.1	8.1	79.5%
Venezuela	0.8	0.6	1.0	2.0	35.7%
Others	9.5	6.5	9.5	8.2	-4.8%
Total	137	147	197	203	14.0%

Top Suppliers of Rolled Bitumen Articles to the United States in 2022:

Canada (3.5M square meters)
Mexico (2.5M square meters)
Venezuela (0.6M square meters)
Italy (0.4M square meters)
Serbia (0.3M square meters)
United Arab Emirates (0.2M square meters)

Rolled Bitumen Articles Exports in the United States

In 2022, approx. 2.3M square meters of articles of bitumen in rolls were exported from the United States; dropping by -2.7% against the previous year's figure. In general, exports saw a significant decrease. Over the period under review, the exports reached the maximum at 11M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, rolled bitumen articles exports rose notably to $92M in 2022. The total export value increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 26% 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 the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	50.1	46.4	60.6	70.1	11.8%
Mexico	2.6	3.5	4.4	2.8	2.5%
Dominican Republic	0.2	0.2	0.7	1.7	104.1%
Others	17.9	16.1	17.7	16.9	-1.9%
Total	70.8	66.2	83.3	91.5	8.9%

Top Export Markets for Rolled Bitumen Articles from the United States in 2022:

Canada (1494.6K square meters)
Mexico (300.3K square meters)
Dominican Republic (292.9K square meters)

Source: IndexBox Market Intelligence Platform

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

United States

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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