Russian Federation: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in the Russian Federation

In 2021, the Russian rolled bitumen articles market increased by 7.4% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption recorded a deep setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Rolled Bitumen Articles Production in the Russian Federation

In value terms, rolled bitumen articles production soared to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2017 when the production volume increased by 21% against the previous year. Rolled bitumen articles production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Rolled Bitumen Articles Exports

Exports from the Russian Federation

In 2021, shipments abroad of articles of bitumen in rolls increased by 16% to X square meters, rising for the fourth year in a row after two years of decline. In general, exports saw a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by 24% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, rolled bitumen articles exports skyrocketed to $X in 2021. Overall, total exports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +99.0% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan (X square meters) was the main destination for rolled bitumen articles exports from Russia, accounting for a 29% share of total exports. Moreover, rolled bitumen articles exports to Kazakhstan exceeded the volume sent to the second major destination, Poland (X square meters), threefold. The third position in this ranking was taken by Ukraine (X square meters), with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kazakhstan stood at +12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+11.3% per year) and Ukraine (-6.1% per year).

In value terms, Kazakhstan ($X), Poland ($X) and the Czech Republic ($X) constituted the largest markets for rolled bitumen articles exported from Russia worldwide, together accounting for 33% of total exports. These countries were followed by Israel, Lithuania, Estonia, Bulgaria, Ukraine, Romania, Mongolia, Moldova, Georgia and Azerbaijan, which together accounted for a further 34%.

Israel, with a CAGR of +57.0%, 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

In 2021, the average rolled bitumen articles export price amounted to $X per square meter, with an increase of 11% against the previous year. Over the period under review, the export price, however, saw a noticeable contraction. The pace of growth appeared the most rapid in 2017 an increase of 20% against the previous year. Over the period under review, the average export prices reached the maximum at $X per square meter in 2012; however, from 2013 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 Israel ($X per square meter), while the average price for exports to Kazakhstan ($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 Israel (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Rolled Bitumen Articles Imports

Imports into the Russian Federation

In 2021, after two years of decline, there was significant growth in purchases abroad of articles of bitumen in rolls, when their volume increased by 51% to X square meters. In general, imports, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2018 with an increase of 65%. As a result, imports attained the peak of X square meters. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, rolled bitumen articles imports surged to $X in 2021. Overall, imports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2018 when imports increased by 79% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Finland (X square meters) constituted the largest supplier of rolled bitumen articles to Russia, with a 70% share of total imports. Moreover, rolled bitumen articles imports from Finland exceeded the figures recorded by the second-largest supplier, the Netherlands (X square meters), more than tenfold. The third position in this ranking was taken by France (X square meters), with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume from Finland stood at +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+42.6% per year) and France (-10.6% per year).

In value terms, Finland ($X) constituted the largest supplier of articles of bitumen in rolls to Russia, comprising 40% of total imports. The second position in the ranking was taken by France ($X), with an 18% share of total imports. It was followed by the Netherlands, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Finland stood at -5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-10.1% per year) and the Netherlands (+41.2% per year).

Import Prices by Country

In 2021, the average rolled bitumen articles import price amounted to $X per square meter, reducing by -20.5% against the previous year. Overall, the import price recorded a drastic downturn. The growth pace was the most rapid in 2017 an increase of 21%. The import price peaked at $X per square meter in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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 Germany ($X per square meter), while the price for Lithuania ($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 the United States (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :