MENA: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in MENA

The MENA's rolled bitumen articles market reduced to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Rolled Bitumen Articles Production in MENA

In value terms, rolled bitumen articles production fell to $X in 2022 estimated in export price. Over the period under review, production recorded a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Rolled Bitumen Articles Exports

Exports in MENA

In 2022, overseas shipments of articles of bitumen in rolls increased by X% to X square meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a relatively flat trend pattern. The volume of export peaked at X square meters in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, rolled bitumen articles exports rose notably to $X in 2022. In general, exports, however, showed a mild setback. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia represented the major exporter of articles of bitumen in rolls in MENA, with the volume of exports reaching X square meters, which was approx. X% of total exports in 2022. Turkey (X square meters) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Egypt (X%) and the United Arab Emirates (X%). The following exporters - Kuwait (X square meters) and Bahrain (X square meters) - each reached a X% share of total exports.

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

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Egypt ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Turkey, Kuwait and Bahrain lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Kuwait, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per square meter, waning by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per square meter in 2015; however, from 2016 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 the United Arab Emirates ($X per square meter), while Turkey ($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 United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Rolled Bitumen Articles Imports

Imports in MENA

After two years of decline, overseas purchases of articles of bitumen in rolls increased by X% to X square meters in 2022. Overall, imports showed a slight increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of X square meters. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, rolled bitumen articles imports soared to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the four major importers of articles of bitumen in rolls, namely Iraq, Kuwait, Israel and the United Arab Emirates, represented more than two-thirds of total import. Oman (X square meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Qatar (X%), Turkey (X%) and Morocco (X%).

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

In value terms, Kuwait ($X), Israel ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Iraq, Oman, Turkey, Qatar and Morocco lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Iraq, with a CAGR of X%, recorded 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 import price in MENA stood at $X per square meter in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked at $X per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per square meter), while Iraq ($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 Kuwait (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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