Report Update Nov 1, 2024

Ireland - Bituminous Mixtures - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Bituminous Mixtures Market 2024

Bituminous Mixtures Market Size in Ireland

In 2021, the Irish bituminous mixtures market decreased by -17.8% to $X, falling for the second year in a row after four years of growth. Overall, consumption showed a relatively flat trend pattern. Bituminous mixtures consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Bituminous Mixtures Production in Ireland

In value terms, bituminous mixtures production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 31% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Bituminous Mixtures Exports

Exports from Ireland

In 2021, exports of bituminous mixtures from Ireland expanded modestly to X tons, increasing by 5% compared with 2020. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,023%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, bituminous mixtures exports soared to $X in 2021. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2013 with an increase of 673%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the near future.

Exports by Country

The UK (X tons) was the main destination for bituminous mixtures exports from Ireland, with a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +66.3%.

In value terms, the UK ($X) also remains the key foreign market for bituminous mixtures exports from Ireland.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK totaled +66.6%.

Export Prices by Country

In 2021, the average bituminous mixtures export price amounted to $X per ton, surging by 24% against the previous year. In general, the export price, however, saw a slight downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 268%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to +23.6% per year.

Bituminous Mixtures Imports

Imports into Ireland

For the fourth consecutive year, Ireland recorded growth in purchases abroad of bituminous mixtures, which increased by 9% to X tons in 2021. Overall, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 929%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, bituminous mixtures imports totaled $X in 2021. Over the period under review, imports recorded a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 372% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the UK (X tons) was the main bituminous mixtures supplier to Ireland, accounting for a 96% share of total imports. It was followed by Austria (X tons), with a 1.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK stood at +18.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+27.5% per year) and Spain (-86.5% per year).

In value terms, the UK ($X) constituted the largest supplier of bituminous mixtures to Ireland, comprising 77% of total imports. The second position in the ranking was taken by Austria ($X), with a 4.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the UK totaled +15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+15.9% per year) and Spain (-80.6% per year).

Import Prices by Country

In 2021, the average bituminous mixtures import price amounted to $X per ton, approximately mirroring the previous year. In general, the import price, however, continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 365% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+45.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bituminous mixtures in the world?

China remains the largest bituminous mixtures consuming country worldwide, comprising approx. 23% of total volume. Moreover, bituminous mixtures consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7.8% share.

What are the largest producers of bituminous mixtures in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 39% of global production. Japan, France, Russia, Brazil, Indonesia, Italy, the UK, South Korea, Iran and Saudi Arabia lagged somewhat behind, together comprising a further 33%.

What are the leading suppliers of bituminous mixtures to Ireland?

In value terms, the UK constituted the largest supplier of bituminous mixtures to Ireland.

What are the leading importers of bituminous mixtures from Ireland?

In value terms, the UK remains the key foreign market for bituminous mixtures exports from Ireland.

What is the average export price for bituminous mixtures in Ireland?

In 2021, the average bituminous mixtures export price amounted to $3,452 per ton, jumping by 24% against the previous year.

What is the average import price for bituminous mixtures in Ireland?

In 2021, the average bituminous mixtures import price amounted to $212 per ton, with an increase of 9.7% against the previous year.

This report provides an in-depth analysis of the bituminous mixtures market in Ireland. 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:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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