Italy: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in Italy

The Italian rolled bitumen articles market contracted dramatically to $X in 2021, reducing by -30.3% against the previous year. Over the period under review, consumption saw a deep setback. Rolled bitumen articles consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Rolled Bitumen Articles Production in Italy

In value terms, rolled bitumen articles production skyrocketed to $X in 2021 estimated in export price. Overall, production continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2018 when the production volume increased by 27%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Rolled Bitumen Articles Exports

Exports from Italy

In 2021, overseas shipments of articles of bitumen in rolls were finally on the rise to reach X square meters after three years of decline. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 7.5%. The exports peaked at X square meters in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, rolled bitumen articles exports soared to $X in 2021. In general, exports, however, recorded a slight slump. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X square meters), the UK (X square meters) and Israel (X square meters) were the main destinations of rolled bitumen articles exports from Italy, together accounting for 29% of total exports. These countries were followed by South Africa, the United States, Hungary, Albania, Germany, Belgium, Sweden, Cyprus, Senegal and the Dominican Republic, which together accounted for a further 36%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +15.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for rolled bitumen articles exported from Italy were the UK ($X), the Netherlands ($X) and the United States ($X), together comprising 34% of total exports.

The United States, with a CAGR of +15.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average rolled bitumen articles export price stood at $X per square meter in 2021, growing by 14% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per square meter in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per square meter), while the average price for exports to Albania ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Rolled Bitumen Articles Imports

Imports into Italy

Rolled bitumen articles imports into Italy amounted to X square meters in 2021, rising by 14% on the previous year. Overall, imports, however, continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 19%. Over the period under review, imports hit record highs at X square meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, rolled bitumen articles imports skyrocketed to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Belgium (X square meters), Austria (X square meters) and Russia (X square meters) were the main suppliers of rolled bitumen articles imports to Italy, with a combined 67% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +26.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Austria ($X) and Serbia ($X) were the largest rolled bitumen articles suppliers to Italy, together accounting for 70% of total imports. These countries were followed by Germany, France, the United States, Russia and Qatar, which together accounted for a further 28%.

In terms of the main suppliers, Russia, with a CAGR of +28.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average rolled bitumen articles import price stood at $X per square meter in 2021, rising by 8.2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2013 when the average import price increased by 32% against the previous year. The import price peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for Qatar ($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 Germany (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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