Poland: Market for Natural Bitumen and Asphalt 2024

Market Size for Natural Bitumen and Asphalt in Poland

After two years of decline, the Polish natural bitumen and asphalt market increased by 11% to $X in 2021. Overall, consumption saw a resilient expansion. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Natural Bitumen and Asphalt in Poland

In value terms, natural bitumen and asphalt production expanded markedly to $X in 2021 estimated in export price. In general, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 77% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Exports of Natural Bitumen and Asphalt

Exports from Poland

In 2021, approx. X tons of natural bitumen and asphalt were exported from Poland; reducing by -31.6% compared with the previous year. Overall, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2019 when exports increased by 322,566%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, natural bitumen and asphalt exports fell markedly to $X in 2021. In general, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when exports increased by 122,054%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for natural bitumen and asphalt exports from Poland, with a 84% share of total exports. Moreover, natural bitumen and asphalt exports to Germany exceeded the volume sent to the second major destination, Latvia (X tons), more than tenfold. Romania (X tons) ranked third in terms of total exports with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at -13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (-17.9% per year) and Romania (-83.7% per year).

In value terms, Germany ($X) emerged as the key foreign market for natural bitumen and asphalt exports from Poland, comprising 87% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 4.6% share of total exports. It was followed by Romania, with a 3.8% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at -15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+2.0% per year) and Romania (-85.1% per year).

Export Prices by Country

In 2021, the average natural bitumen and asphalt export price amounted to $X per ton, increasing by 15% against the previous year. Over the period under review, the export price, however, saw a pronounced decrease. The growth pace was the most rapid in 2018 when the average export price increased by 127% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+6.0%), while the prices for the other major destinations experienced a decline.

Imports of Natural Bitumen and Asphalt

Imports into Poland

In 2021, after two years of decline, there was significant growth in overseas purchases of natural bitumen and asphalt, when their volume increased by 471% to X tons. Over the period under review, imports, however, showed a slight decline. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, natural bitumen and asphalt imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a deep reduction. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) was the main supplier of natural bitumen and asphalt to Poland, accounting for a 97% share of total imports. It was followed by the Czech Republic (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 Germany stood at +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-23.2% per year) and Hungary (-20.6% per year).

In value terms, Germany ($X) constituted the largest supplier of natural bitumen and asphalt to Poland, comprising 96% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 1.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-28.7% per year) and Hungary (-25.7% per year).

Import Prices by Country

The average natural bitumen and asphalt import price stood at $X per ton in 2021, dropping by -4% against the previous year. In general, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 25% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (-6.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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