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World - Natural Bitumen and Asphalt - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jun 1, 2025

World - Natural Bitumen and Asphalt - Market Analysis, Forecast, Size, Trends And Insights

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Jul 26, 2018

Which Country Exports the Most Natural Bitumen and Asphalt in the World?

Global natural bitumen and asphalt exports stood at X tons in 2016, reducing by -X% against the previous year level. In general, natural bitumen and asphalt exports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2015, when export increased by X% y-o-y. In that year, global natural bitumen and asphalt exports reached its maximum volume of X tons, falling back in the following year.

In value terms, natural bitumen and asphalt exports amounted to $X in 2016. Overall, natural bitumen and asphalt exports continue to indicate a significant shrinkage. Over the period under review, global natural bitumen and asphalt exports reached its maximum level of $X in 2010; however, from 2011 to 2016, it stood at a somewhat lower level.

Top Natural Bitumen and Asphalt Exporting Countries in the World

X. Bahrain (X million USD)

X. Iran (X million USD)

X. USA (X million USD)

X. Greece (X million USD)

X. Canada (X million USD)

X. Italy (X million USD)

X. Spain (X million USD)

X. United Arab Emirates (X million USD)

X. Belgium (X million USD)

X. Netherlands (X million USD)

X. Indonesia (X million USD)

X. United Kingdom (X million USD)

Natural Bitumen and Asphalt Exports By Country

United Arab Emirates (X tons), Iran (X tons), and the U.S. (X tons) represented roughly X% of total exports of natural bitumen and asphalt in 2016. Canada (X tons) ranks second globally in natural bitumen and asphalt exports with a X% share, following Belgium (X%), Bahrain (X%), and Italy (X%). The following exporters - Greece (X tons), Spain (X tons), the UK (X tons), Indonesia (X tons), and the Netherlands (X tons) together made up X% of total exports.

From 2007 to 2016, the most notable growth rate of natural bitumen and asphalt exports, among the main exporting countries, was attained by Italy (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest natural bitumen and asphalt markets worldwide were Bahrain ($X), Iran ($X) and the U.S. ($X), with a combined X% share of global exports. These countries were followed by Greece, Canada, Italy, Spain, United Arab Emirates, Belgium, the Netherlands, Indonesia and the UK, which together accounted for a further X%.

Greece (+X% per year) recorded the highest rates of growth with regard to the natural bitumen and asphalt exports, among the main exporting countries, over the last X year period, while the other global leaders experienced more modest paces of growth.

Natural Bitumen and Asphalt Export Prices By Country

The average natural bitumen and asphalt export price stood at $X per ton in 2016, dropping by -X% against the previous year. Overall, natural bitumen and asphalt export price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2010, when export increased by X% year-to-year. Global natural bitumen and asphalt export peaked of $X per ton in 2014; however, from 2015 to 2016, it failed to regain its strength.

Export prices varied noticeably by country of destination. the country with the highest export prices was Bahrain ($X per ton), while United Arab Emirates ($X per ton) was among the lowest.

From 2007 to 2016, the most notable growth rate of natural bitumen and asphalt export prices was attained by Bahrain (+X% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global natural bitumen and asphalt market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • natural bitumen and asphalt market share
  • natural bitumen and asphalt prices
  • natural bitumen and asphalt industry
  • natural bitumen and asphalt sales
  • natural bitumen and asphalt import
  • natural bitumen and asphalt export
  • natural bitumen and asphalt market forecast
  • natural bitumen and asphalt price forecast
  • key natural bitumen and asphalt producers

This article was written on the product's HS-code: X.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for natural bitumen and asphalt. 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 08991000 - Natural bitumen and natural asphalt, asphaltites and asphaltic rocks

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Shell Bitumen, NuStar Energy, ExxonMobil, Marathon Oil Company, Valero Energy Corporation, Nynas AB., CEMEX S.A.B. de C.V., China Petroleum and chemical Corporation, Royal Dutch Shell, United Refining Company, Total France, Asphalt & Bitumen West Co., Raha Bitumen, Asia Bitumen, Sinopec, Nynas, GOIL Ltd, Total Energies, Gazprom Neft, Indian Oil Corporation

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption, by Country, 2022–2024
    5. Production, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    9. Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    10. Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    11. Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Consumption, by Country, 2024
    4. Market Volume Forecast to 2035
    5. Market Value Forecast to 2035
    6. Market Size and Growth, By Product
    7. Average Per Capita Consumption, By Product
    8. Exports and Growth, By Product
    9. Export Prices and Growth, By Product
    10. Production Volume and Growth
    11. Exports and Growth
    12. Export Prices and Growth
    13. Market Size and Growth
    14. Per Capita Consumption
    15. Imports and Growth
    16. Import Prices
    17. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    18. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    19. Production, by Country, 2024
    20. Production, In Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    21. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    32. Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)

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