Report Azerbaijan - Articles of Bitumen in Rolls - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Azerbaijan - Articles of Bitumen in Rolls - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in Azerbaijan

The Azerbaijani rolled bitumen articles market stood at $X in 2021, rising by 15% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a perceptible contraction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Rolled Bitumen Articles Exports

Exports from Azerbaijan

In 2019, exports of articles of bitumen in rolls from Azerbaijan amounted to X square meters, therefore, remained relatively stable against the previous year's figure. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2019 and are likely to see steady growth in the near future.

In value terms, rolled bitumen articles exports amounted to $X in 2019. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked in 2019 and are likely to see steady growth in the near future.

Exports by Country

Georgia (X square meters) was the main destination for rolled bitumen articles exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2019 to 2019, the average annual growth rate of volume to Georgia was relatively modest.

From 2019 to 2019, the average annual rate of growth in terms of value to Georgia was relatively modest.

Rolled Bitumen Articles Imports

Imports into Azerbaijan

In 2021, supplies from abroad of articles of bitumen in rolls increased by 0.3% to X square meters, rising for the fifth year in a row after three years of decline. Overall, imports, however, saw a mild curtailment. The growth pace was the most rapid in 2013 when imports increased by 99%. As a result, imports reached the peak of X square meters. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, rolled bitumen articles imports skyrocketed to $X in 2021. In general, imports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when imports increased by 72%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Russia (X square meters) was the main supplier of rolled bitumen articles to Azerbaijan, accounting for a 93% share of total imports. Moreover, rolled bitumen articles imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X square meters), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-9.9% per year) and Iran (-0.8% per year).

In value terms, Russia ($X) constituted the largest supplier of articles of bitumen in rolls to Azerbaijan, comprising 88% of total imports. The second position in the ranking was held by Turkey ($X), with a 7.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-13.6% per year) and Iran (+8.3% per year).

Import Prices by Country

In 2021, the average rolled bitumen articles import price amounted to $X per square meter, rising by 23% against the previous year. Overall, the import price, however, recorded a noticeable downturn. Over the period under review, average import prices attained the peak figure at $X per square meter in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per square meter), while the price for Iran ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+9.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of rolled bitumen articles consumption in 2021 were China, the United States and Japan, with a combined 58% share of global consumption. These countries were followed by Russia, Mexico, South Korea, Saudi Arabia, Iran, Germany, Egypt, Turkey, Canada and France, which together accounted for a further 24%.
The countries with the highest volumes of rolled bitumen articles production in 2021 were China, the United States and Russia, together accounting for 58% of global production. These countries were followed by Japan, Mexico, Saudi Arabia, Germany, Canada, South Korea, Iran, Italy, France and Turkey, which together accounted for a further 27%.
In value terms, Russia constituted the largest supplier of rolled bitumen articles to Azerbaijan, comprising 89% of total imports. The second position in the ranking was occupied by Turkey, with a 7.9% share of total imports.
In value terms, Georgia remains the key foreign market for rolled bitumen articles exports from Azerbaijan.
In 2021, the average rolled bitumen articles export price amounted to $1.6 per square meter, picking up by 2.5% against the previous year.
In 2021, the average rolled bitumen articles import price amounted to $1.6 per square meter, with an increase of 24% against the previous year.

This report provides an in-depth analysis of the rolled bitumen articles market in Azerbaijan. 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 23991255 - Articles of asphalt or of similar materials, e.g. petroleum bitumen or coal tar pitch, in rolls

Country coverage:

  • Azerbaijan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Azerbaijan
  • 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:

  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 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 Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    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 Exports

    This Chapter is Available Only for the Professional Edition PRO
    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
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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