Northern America: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in Northern America

The North American rolled bitumen articles market amounted to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, showed a mild downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Rolled Bitumen Articles Production in Northern America

In value terms, rolled bitumen articles production amounted to $X in 2022 estimated in export price. In general, production, however, saw a mild decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production reached 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 in Northern America

In 2022, the amount of articles of bitumen in rolls exported in Northern America dropped to X square meters, which is down by X% compared with the year before. The total export volume 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. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X square meters. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, rolled bitumen articles exports amounted to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Canada prevails in exports structure, accounting for X square meters, which was approx. X% of total exports in 2022. It was distantly followed by the United States (X square meters), constituting a X% share of total exports.

Canada was also the fastest-growing in terms of the articles of bitumen in rolls exports, with a CAGR of X% from 2012 to 2022. The United States (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Canada increased by X percentage points.

In value terms, the largest rolled bitumen articles supplying countries in Northern America were Canada ($X) and the United States ($X).

In terms of the main exporting countries, Canada, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per square meter, with an increase of X% against the previous year. Export price indicated a perceptible expansion from 2012 to 2022: its price 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, rolled bitumen articles export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is likely to continue growth in the near future.

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 the United States ($X per square meter), while Canada amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Rolled Bitumen Articles Imports

Imports in Northern America

In 2022, the amount of articles of bitumen in rolls imported in Northern America fell to X square meters, therefore, remained relatively stable against the year before. Over the period under review, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X square meters in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, rolled bitumen articles imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, the United States (X square meters) and Canada (X square meters) was the main importer of articles of bitumen in rolls in Northern America, committing X% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Canada (with a CAGR of X%).

In value terms, the United States ($X) constitutes the largest market for imported articles of bitumen in rolls in Northern America, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports.

In the United States, rolled bitumen articles imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per square meter in 2022, shrinking by X% against the previous year. Over the period under review, the import price, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The level of import peaked at $X per square meter in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per square meter), while Canada totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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