Report Update Nov 1, 2024

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

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Pakistan: Bituminous Mixtures Market 2024

Bituminous Mixtures Market Size in Pakistan

In 2021, the Pakistani bituminous mixtures market decreased by -25.3% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, posted a prominent increase. Bituminous mixtures consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Bituminous Mixtures Exports

Exports from Pakistan

In 2021, approx. X tons of bituminous mixtures were exported from Pakistan; which is down by -63.2% compared with the previous year. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of 151% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, bituminous mixtures exports reduced sharply to $X in 2021. Over the period under review, exports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2015 when exports increased by 149% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for bituminous mixtures exports from Pakistan, accounting for a approx. 100% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to the UK amounted to +33,100.0%.

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

From 2013 to 2021, the average annual growth rate of value to the UK stood at -5.7%.

Export Prices by Country

The average bituminous mixtures export price stood at $X per ton in 2021, growing by 29% against the previous year. Over the period under review, the export price, however, saw a deep downturn. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the 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 2013 to 2021, the rate of growth in terms of prices for the Philippines amounted to -22.6% per year.

Bituminous Mixtures Imports

Imports into Pakistan

After three years of growth, overseas purchases of bituminous mixtures decreased by -47.7% to X tons in 2021. In general, imports continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2020 with an increase of 410%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, bituminous mixtures imports dropped significantly to $X in 2021. Overall, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 699% against the previous year. As a result, imports reached the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of bituminous mixtures to Pakistan, with a 55% share of total imports. Moreover, bituminous mixtures imports from Spain exceeded the figures recorded by the second-largest supplier, Qatar (X tons), fivefold. The third position in this ranking was held by China (X tons), with a 7% share.

From 2012 to 2021, the average annual growth rate of volume from Spain stood at +56.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Qatar (+17.9% per year) and China (-25.4% per year).

In value terms, Spain ($X) constituted the largest supplier of bituminous mixtures to Pakistan, comprising 74% of total imports. The second position in the ranking was held by Qatar ($X), with a 4.8% share of total imports. It was followed by the United States, with a 4.3% share.

From 2012 to 2021, the average annual growth rate of value from Spain totaled +168.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Qatar (+25.6% per year) and the United States (+29.3% per year).

Import Prices by Country

In 2021, the average bituminous mixtures import price amounted to $X per ton, increasing by 60% against the previous year. Overall, the import price saw resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for China ($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 (+72.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China constituted the country with the largest volume of bituminous mixtures consumption, 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. The third position in this ranking was occupied by India, 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 Pakistan?

In value terms, Spain constituted the largest supplier of bituminous mixtures to Pakistan, comprising 87% of total imports. The second position in the ranking was occupied by the United States, with a 5.1% share of total imports. It was followed by the United Arab Emirates, with a 4.8% share.

What are the leading importers of bituminous mixtures from Pakistan?

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

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

The average bituminous mixtures export price stood at $1,748 per ton in 2021, declining by -4.3% against the previous year.

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

In 2021, the average bituminous mixtures import price amounted to $1,101 per ton, picking up by 65% against the previous year.

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

Pakistan

Data coverage:

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