Eastern Europe: Bituminous Mixtures Market 2024

Bituminous Mixtures Market Size in Eastern Europe

The East European bituminous mixtures market stood at $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Bituminous Mixtures Production in Eastern Europe

In value terms, bituminous mixtures production contracted to $X in 2022 estimated in export price. Overall, production, however, recorded a mild decline. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Bituminous Mixtures Exports

Exports in Eastern Europe

In 2022, after three years of growth, there was significant decline in overseas shipments of bituminous mixtures, when their volume decreased by X% to X tons. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, bituminous mixtures exports shrank to $X in 2022. Overall, exports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then contracted in the following year.

Exports by Country

Russia represented the major exporting country with an export of about X tons, which amounted to X% of total exports. Poland (X tons) took the second position in the ranking, followed by Belarus (X tons) and Bulgaria (X tons). All these countries together held near X% share of total exports. The Czech Republic (X tons) and Estonia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to bituminous mixtures exports from Russia stood at X%. At the same time, Bulgaria (X%), Poland (X%), Belarus (X%), Estonia (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Russia and Bulgaria increased by X and X percentage points, respectively.

In value terms, Russia ($X) remains the largest bituminous mixtures supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%. In the other countries, the average annual rates were as follows: Poland (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced a decline in the export price figures.

Bituminous Mixtures Imports

Imports in Eastern Europe

After five years of growth, supplies from abroad of bituminous mixtures decreased by X% to X tons in 2022. In general, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The volume of import peaked at X tons in 2021, and then reduced notably in the following year.

In value terms, bituminous mixtures imports contracted notably to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then reduced notably in the following year.

Imports by Country

In 2022, Poland (X tons), distantly followed by the Czech Republic (X tons), Bulgaria (X tons), Slovakia (X tons), Latvia (X tons), Romania (X tons) and Estonia (X tons) represented the main importers of bituminous mixtures, together creating X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Estonia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constitutes the largest market for imported bituminous mixtures in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total imports. It was followed by Bulgaria, with a X% share.

In Poland, bituminous mixtures imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Bulgaria (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price, however, showed a mild decrease. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Romania ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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