Ireland: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in Ireland

The Irish rolled bitumen articles market fell to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption recorded a noticeable decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Rolled Bitumen Articles Production in Ireland

In value terms, rolled bitumen articles production shrank to $X in 2022 estimated in export price. Overall, production saw a noticeable decrease. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Rolled Bitumen Articles Exports

Exports from Ireland

In 2022, overseas shipments of articles of bitumen in rolls were finally on the rise to reach X square meters after two years of decline. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure at X square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, rolled bitumen articles exports reduced modestly to $X in 2022. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then fell in the following year.

Exports by Country

The UK (X square meters) was the main destination for rolled bitumen articles exports from Ireland, with a X% share of total exports. Moreover, rolled bitumen articles exports to the UK exceeded the volume sent to the second major destination, Italy (X square meters), tenfold.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled X%.

In value terms, the UK ($X) remains the key foreign market for articles of bitumen in rolls exports from Ireland, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the UK stood at X%.

Export Prices by Country

In 2022, the average rolled bitumen articles export price amounted to $X per square meter, waning by X% against the previous year. Overall, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The export price peaked at $X per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per square meter), while the average price for exports to Italy amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%).

Rolled Bitumen Articles Imports

Imports into Ireland

In 2022, supplies from abroad of articles of bitumen in rolls decreased by X% to X square meters, falling for the third consecutive year after two years of growth. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, rolled bitumen articles imports dropped modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Italy (X square meters) constituted the largest rolled bitumen articles supplier to Ireland, accounting for a X% share of total imports. Moreover, rolled bitumen articles imports from Italy exceeded the figures recorded by the second-largest supplier, Belgium (X square meters), twofold. The UK (X square meters) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the UK (X% per year).

In value terms, Italy ($X), the UK ($X) and Belgium ($X) constituted the largest rolled bitumen articles suppliers to Ireland, together comprising X% of total imports. The Netherlands, Germany, Portugal, Russia and France lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average rolled bitumen articles import price stood at $X per square meter in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per square meter), while the price for Russia ($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 the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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