Report Update May 1, 2025

Philippines - Non-Rolled Bitumen Products - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Non-Rolled Bitumen Products Market 2025

Non-Rolled Bitumen Products Market Size in the Philippines

The Philippine non-rolled bitumen products market skyrocketed to $X in 2022, growing by 137% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Non-Rolled Bitumen Products Exports

Exports from the Philippines

In 2022, non-rolled bitumen products exports from the Philippines soared to X tons, jumping by 79% against the year before. In general, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 981% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, non-rolled bitumen products exports soared to $X in 2022. Overall, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 516% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Vietnam (X tons) was the main destination for non-rolled bitumen products exports from the Philippines, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Vietnam totaled +38.6%.

In value terms, Vietnam ($X) also remains the key foreign market for non-rolled bitumen products exports from the Philippines.

From 2012 to 2022, the average annual rate of growth in terms of value to Vietnam stood at +35.1%.

Export Prices by Country

The average non-rolled bitumen products export price stood at $X per ton in 2022, picking up by 2.9% against the previous year. Overall, the export price enjoyed perceptible growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 86% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +12.1% per year.

Non-Rolled Bitumen Products Imports

Imports into the Philippines

In 2022, the amount of non-rolled bitumen products imported into the Philippines surged to X tons, increasing by 115% against 2021 figures. Over the period under review, imports posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-rolled bitumen products imports soared to $X in 2022. Overall, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of non-rolled bitumen products to the Philippines, accounting for a 52% share of total imports. Moreover, non-rolled bitumen products imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), twofold. The third position in this ranking was taken by the United States (X tons), with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at +48.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+15.1% per year) and the United States (-1.2% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of non-rolled bitumen products to the Philippines, comprising 52% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 24% share of total imports. It was followed by the United States, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates stood at +57.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+13.9% per year) and the United States (+3.4% per year).

Import Prices by Country

In 2022, the average non-rolled bitumen products import price amounted to $X per ton, picking up by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The pace of growth was the most pronounced in 2018 an increase of 34%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and Canada ($X per ton), while the price for Italy ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+11.1%), 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 non-rolled bitumen products in the world?

The United States remains the largest non-rolled bitumen products consuming country worldwide, comprising approx. 42% of total volume. Moreover, non-rolled bitumen products consumption in the United States exceeded the figures recorded by the second-largest consumer, China, threefold. India ranked third in terms of total consumption with a 6.9% share.

What are the largest producers of non-rolled bitumen products in the world?

The United States constituted the country with the largest volume of non-rolled bitumen products production, accounting for 44% of total volume. Moreover, non-rolled bitumen products production in the United States exceeded the figures recorded by the second-largest producer, China, threefold. India ranked third in terms of total production with a 6.8% share.

What are the leading suppliers of non-rolled bitumen products to the Philippines?

In value terms, Malaysia constituted the largest supplier of non-rolled bitumen products to the Philippines, comprising 43% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 21% share of total imports. It was followed by the United States, with an 11% share.

What are the leading importers of non-rolled bitumen products from the Philippines?

In value terms, the United Arab Emirates remains the key foreign market for non-rolled bitumen products exports from the Philippines, comprising 72% of total exports. The second position in the ranking was occupied by Vietnam, with an 18% share of total exports.

What is the average export price for non-rolled bitumen products in the Philippines?

The average non-rolled bitumen products export price stood at $714 per ton in 2021, increasing by 9.7% against the previous year.

What is the average import price for non-rolled bitumen products in the Philippines?

The average non-rolled bitumen products import price stood at $663 per ton in 2021, increasing by 13% against the previous year.

This report provides an in-depth analysis of the non-rolled bitumen products market in the Philippines. 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 23991290 - Products based on bitumen (excluding in rolls)

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024