EU: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in the EU

The EU rolled bitumen articles market declined to $X in 2021, which is down by -5.4% against the previous year. In general, consumption showed a perceptible reduction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Rolled Bitumen Articles Production in the EU

In value terms, rolled bitumen articles production reduced to $X in 2021 estimated in export price. In general, production recorded a noticeable slump. The pace of growth was the most pronounced in 2017 when the production volume increased by 12%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Rolled Bitumen Articles Exports

Exports in the EU

In 2021, shipments abroad of articles of bitumen in rolls was finally on the rise to reach X square meters for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at X square meters in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, rolled bitumen articles exports soared to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Italy was the key exporting country with an export of around X square meters, which finished at 35% of total exports. Germany (X square meters) held a 14% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (12%), France (7.2%), Austria (6%) and the Czech Republic (4.6%). Spain (X square meters), Poland (X square meters), the Netherlands (X square meters), Sweden (X square meters) and Finland (X square meters) followed a long way behind the leaders.

Italy experienced a relatively flat trend pattern with regard to volume of exports of articles of bitumen in rolls. At the same time, Austria (+6.6%), Sweden (+4.0%), Finland (+1.4%) and France (+1.0%) displayed positive paces of growth. Moreover, Austria emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +6.6% from 2012-2021. Germany and Belgium experienced a relatively flat trend pattern. By contrast, the Netherlands (-1.4%), Spain (-2.7%), the Czech Republic (-3.7%) and Poland (-5.6%) illustrated a downward trend over the same period. Austria (+2.7 p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic and Poland saw its share reduced by -1.8% and -2.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), Belgium ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2021, with a combined 64% share of total exports. France, Austria, the Netherlands, Spain, Sweden, Finland, the Czech Republic and Poland lagged somewhat behind, together comprising a further 31%.

Among the main exporting countries, Austria, with a CAGR of +4.0%, recorded 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

The export price in the European Union stood at $X per square meter in 2021, growing by 14% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per square meter in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per square meter), while the Czech Republic ($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 Belgium (+2.4%), while the other leaders experienced more modest paces of growth.

Rolled Bitumen Articles Imports

Imports in the EU

Rolled bitumen articles imports expanded significantly to X square meters in 2021, surging by 11% against 2020 figures. The total import volume increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, rolled bitumen articles imports soared to $X in 2021. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X square meters), distantly followed by Poland (X square meters), the Czech Republic (X square meters), Germany (X square meters), Slovakia (X square meters), Hungary (X square meters), Sweden (X square meters) and Bulgaria (X square meters) were the main importers of articles of bitumen in rolls, together committing 65% of total imports. The following importers - Romania (X square meters), Lithuania (X square meters), Belgium (X square meters), France (X square meters) and Denmark (X square meters) - together made up 18% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +12.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constitutes the largest market for imported articles of bitumen in rolls in the European Union, comprising 17% of total imports. The second position in the ranking was taken by Poland ($X), with an 8.4% share of total imports. It was followed by Belgium, with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands totaled +3.6%. The remaining importing countries recorded the following average annual rates of imports growth: Poland (+5.0% per year) and Belgium (+4.7% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per square meter, picking up by 6% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2018 an increase of 7.5% against the previous year. The level of import peaked at $X per square meter in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per square meter), while Lithuania ($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 Belgium (+7.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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