EU: Bituminous Mixtures Market 2024

Bituminous Mixtures Market Size in the EU

The EU bituminous mixtures market expanded sharply to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Bituminous Mixtures Production in the EU

In value terms, bituminous mixtures production soared to $X in 2022 estimated in export price. The total production indicated moderate growth 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. Based on 2022 figures, production increased by X% against 2020 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Bituminous Mixtures Exports

Exports in the EU

In 2022, the amount of bituminous mixtures exported in the European Union expanded notably to X tons, surging by X% compared with the previous year's figure. The total export 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 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, bituminous mixtures exports expanded rapidly to $X in 2022. Total exports indicated a notable expansion 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. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2018 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

In 2022, Germany (X tons), Spain (X tons) and Belgium (X tons) was the key exporter of bituminous mixtures in the European Union, mixing up X% of total export. It was distantly followed by Croatia (X tons) and the Netherlands (X tons), together making up an X% share of total exports. Poland (X tons), Finland (X tons), Austria (X tons), Italy (X tons), Bulgaria (X tons) and France (X tons) followed a long way behind the leaders.

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

In value terms, the largest bituminous mixtures supplying countries in the European Union were Germany ($X), Spain ($X) and the Netherlands ($X), together comprising X% of total exports. Belgium, Poland, Austria, France, Bulgaria, Italy, Croatia and Finland lagged somewhat behind, together accounting for a further X%.

Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a noticeable setback. The growth pace was the most rapid in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

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

Bituminous Mixtures Imports

Imports in the EU

In 2022, the amount of bituminous mixtures imported in the European Union amounted to X tons, surging by X% on 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, bituminous mixtures imports shrank to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, France (X tons) and Austria (X tons) were the major importers of bituminous mixtures in the European Union, together comprising X% of total imports. Slovenia (X tons) held the next position in the ranking, distantly followed by the Netherlands (X tons), Ireland (X tons), Belgium (X tons) and Poland (X tons). All these countries together took near X% share of total imports. Portugal (X tons), the Czech Republic (X tons), Bulgaria (X tons), Slovakia (X tons), Finland (X tons) and Germany (X tons) took a little share 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 Finland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bituminous mixtures importing markets in the European Union were France ($X), the Netherlands ($X) and Poland ($X), with a combined X% share of total imports. Austria, Germany, the Czech Republic, Finland, Belgium, Bulgaria, Slovenia, Portugal, Slovakia and Ireland lagged somewhat behind, together comprising a further X%.

Finland, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the import price in the European Union amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 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 Germany ($X per ton), while Slovenia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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