Netherlands: Market for Asphalt or Bitumen Articles 2024

Market Size for Asphalt or Bitumen Articles in the Netherlands

The Dutch asphalt or bitumen article market skyrocketed to $X in 2022, increasing by 37% against the previous year. In general, consumption recorded measured growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Asphalt or Bitumen Articles in the Netherlands

In value terms, asphalt or bitumen article production dropped slightly to $X in 2022 estimated in export price. Overall, production saw a mild contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by 0.8% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Asphalt or Bitumen Articles

Exports from the Netherlands

In 2022, shipments abroad of asphalt or bitumen articles decreased by -33.2% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2016 when exports increased by 47% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, asphalt or bitumen article exports dropped significantly to $X in 2022. In general, exports saw a noticeable reduction. The pace of growth was the most pronounced in 2014 when exports increased by 26% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Belgium (X tons) and Norway (X tons) were the main destinations of asphalt or bitumen article exports from the Netherlands, together accounting for 72% of total exports. The UK, France and Ireland lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland (with a CAGR of +203.7%), while the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X), Norway ($X) and the UK ($X) appeared to be the largest markets for asphalt or bitumen article exported from the Netherlands worldwide, with a combined 71% share of total exports. Germany, France and Ireland lagged somewhat behind, together accounting for a further 22%.

In terms of the main countries of destination, Ireland, with a CAGR of +171.5%, 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

In 2022, the average asphalt or bitumen article export price amounted to $X per ton, shrinking by -2.9% against the previous year. Over the period under review, the export price, however, continues to indicate a modest increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 102% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average 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 the UK ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Asphalt or Bitumen Articles

Imports into the Netherlands

For the third consecutive year, the Netherlands recorded growth in overseas purchases of asphalt or bitumen articles, which increased by 56% to X tons in 2022. In general, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, asphalt or bitumen article imports surged to $X in 2022. Over the period under review, imports enjoyed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of asphalt or bitumen article to the Netherlands, accounting for a 51% share of total imports. Moreover, asphalt or bitumen article imports from Belgium exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+15.0% per year) and Germany (+20.6% per year).

In value terms, Belgium ($X), Italy ($X) and Germany ($X) were the largest asphalt or bitumen article suppliers to the Netherlands, with a combined 95% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +10.9%, recorded the highest growth rate of 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 asphalt or bitumen article import price stood at $X per ton in 2022, falling by -8.4% against the previous year. In general, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 6.2%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-4.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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