U.S. - Bituminous Mixtures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingU.S. Bituminous Mixtures Import Surges 136% to $15M in April 2023
U.S. Bituminous Mixtures Imports
In April 2023, supplies from abroad of bituminous mixtures increased by 222% to 27K tons, rising for the second month in a row after two months of decline. Overall, imports posted moderate growth.
In value terms, bituminous mixtures imports skyrocketed to $15M (IndexBox estimates) in April 2023. Over the period under review, imports recorded a relatively flat trend pattern.
| COUNTRY | Import Value of Bituminous Mixtures in U.S. (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
| Canada | 10.7 | 11.6 | 16.8 | 17.7 | 22.6 | 13.6 | 10.0 | 6.5 | 6.4 | 2.9 | 3.4 | 4.2 | 10.2 |
| Belgium | 2.2 | 4.2 | 3.4 | 3.5 | 2.1 | N/A | 1.2 | 0.2 | < 0.1 | N/A | N/A | 0.2 | 1.2 |
| Turkey | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.8 |
| Spain | N/A | N/A | N/A | N/A | N/A | N/A | 8.4 | N/A | 10.2 | N/A | N/A | N/A | 0.8 |
| India | 0.5 | 0.6 | 0.2 | 0.3 | < 0.1 | 0.3 | 0.4 | 0.1 | 0.3 | 0.2 | 0.2 | 0.5 | 0.5 |
| Venezuela | < 0.1 | 0.1 | 0.2 | < 0.1 | 0.2 | < 0.1 | < 0.1 | 0.1 | 0.2 | < 0.1 | 0.2 | 0.1 | 0.3 |
| Others | 0.4 | 0.5 | 0.6 | 2.8 | 0.4 | 0.5 | 3.4 | 0.9 | 1.0 | 5.2 | 1.2 | 1.1 | 0.8 |
| Total | 13.9 | 17.0 | 21.2 | 24.4 | 25.4 | 14.5 | 23.5 | 7.9 | 18.2 | 8.4 | 5.0 | 6.2 | 14.6 |
Imports by Country
In April 2023, Canada (21K tons) constituted the largest supplier of bituminous mixtures to the United States, accounting for a 76% share of total imports. Moreover, bituminous mixtures imports from Canada exceeded the figures recorded by the second-largest supplier, Turkey (1.7K tons), more than tenfold. The third position in this ranking was held by Spain (1.6K tons), with a 5.8% share.
From April 2022 to April 2023, the average monthly growth rate of volume from Canada stood at +2.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Turkey (0.0% per month) and Spain (-29.9% per month).
In value terms, Canada ($10M) constituted the largest supplier of bituminous mixtures to the United States, comprising 70% of total imports. The second position in the ranking was held by Belgium ($1.2M), with an 8% share of total imports. It was followed by Turkey, with a 5.6% share.
From April 2022 to April 2023, the average monthly rate of growth in terms of value from Canada was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Belgium (-5.4% per month) and Turkey (0.0% per month).
Import Prices by Country
In April 2023, the bituminous mixtures price stood at $539 per ton (CIF, US), which is down by -26.8% against the previous month. Overall, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 18% against the previous month. The import price peaked at $849 per ton in September 2022; however, from October 2022 to April 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($1,289 per ton), while the price for Venezuela ($240 per ton) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by India (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the bituminous mixtures market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23991310 - Bituminous mixtures based on natural and artificial aggregate and bitumen or natural asphalt as a binder
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
