Eastern Europe: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in Eastern Europe

In 2022, the East European rolled bitumen articles market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, recorded a noticeable contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Rolled Bitumen Articles Production in Eastern Europe

In value terms, rolled bitumen articles production rose significantly to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Rolled Bitumen Articles Exports

Exports in Eastern Europe

After four years of growth, overseas shipments of articles of bitumen in rolls decreased by X% to X square meters in 2022. Overall, exports, however, showed perceptible growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked at X square meters in 2021, and then fell notably in the following year.

In value terms, rolled bitumen articles exports declined markedly to $X in 2022. Total exports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Russia was the key exporter of articles of bitumen in rolls in Eastern Europe, with the volume of exports amounting to X square meters, which was approx. X% of total exports in 2022. Belarus (X square meters) ranks second in terms of the total exports with a X% share, followed by the Czech Republic (X%) and Poland (X%). Romania (X square meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to rolled bitumen articles exports from Russia stood at X%. At the same time, Belarus (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Romania (X%), the Czech Republic (X%) and Poland (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.) and Belarus (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Poland (X p.p.) and the Czech Republic (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Russia amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per square meter, rising by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared 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 square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per square meter), while Belarus ($X per square meter) was amongst the lowest.

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

Rolled Bitumen Articles Imports

Imports in Eastern Europe

Rolled bitumen articles imports dropped to X square meters in 2022, with a decrease of X% on 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. The volume of import peaked at X square meters in 2021, and then contracted in the following year.

In value terms, rolled bitumen articles imports contracted rapidly to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then shrank significantly in the following year.

Imports by Country

Poland (X square meters) and the Czech Republic (X square meters) represented roughly X% of total imports in 2022. It was distantly followed by Slovakia (X square meters), Hungary (X square meters), Bulgaria (X square meters), Lithuania (X square meters) and Romania (X square meters), together comprising a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Hungary ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Slovakia, Romania, Bulgaria and Lithuania lagged somewhat behind, together accounting for a further X%.

Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per square meter in 2022, shrinking by X% against the previous year. Overall, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Romania ($X per square meter) and the Czech Republic ($X per square meter), while Lithuania ($X per square meter) and Slovakia ($X per square meter) were 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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