Report Update Nov 1, 2024

Singapore - Articles of Bitumen in Rolls - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in Singapore

The Singaporean rolled bitumen articles market rose remarkably to $X in 2021, increasing by 9.2% against the previous year. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Rolled Bitumen Articles Production in Singapore

In value terms, rolled bitumen articles production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the production volume increased by 15% against the previous year. Rolled bitumen articles production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Rolled Bitumen Articles Imports

Imports into Singapore

In 2021, imports of articles of bitumen in rolls into Singapore soared to X square meters, growing by 57% on the year before. In general, imports, however, recorded a noticeable curtailment. Over the period under review, imports attained the peak figure at X square meters in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, rolled bitumen articles imports surged to $X in 2021. Over the period under review, imports, however, recorded a abrupt curtailment. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X square meters) constituted the largest rolled bitumen articles supplier to Singapore, accounting for a 62% share of total imports. Moreover, rolled bitumen articles imports from Italy exceeded the figures recorded by the second-largest supplier, Russia (X square meters), threefold. China (X square meters) ranked third in terms of total imports with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+38.6% per year) and China (+1.6% per year).

In value terms, Italy ($X) constituted the largest supplier of articles of bitumen in rolls to Singapore, comprising 44% of total imports. The second position in the ranking was held by Russia ($X), with a 17% share of total imports. It was followed by China, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to -5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+49.9% per year) and China (+1.3% per year).

Import Prices by Country

The average rolled bitumen articles import price stood at $X per square meter in 2021, dropping by -12.9% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 13%. The import price peaked at $X per square meter in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per square meter), while the price for Italy ($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 Egypt (+20.8%), 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 articles of bitumen in rolls in the world?

The countries with the highest volumes of rolled bitumen articles consumption in 2021 were China, the United States and Japan, with a combined 58% share of global consumption. Russia, Mexico, South Korea, Saudi Arabia, Iran, Germany, Egypt, Turkey, Canada and France lagged somewhat behind, together comprising a further 24%.

What are the largest producers of articles of bitumen in rolls in the world?

The countries with the highest volumes of rolled bitumen articles production in 2021 were China, the United States and Russia, together accounting for 58% of global production. These countries were followed by Japan, Mexico, Saudi Arabia, Germany, Canada, South Korea, Iran, Italy, France and Turkey, which together accounted for a further 27%.

What are the leading suppliers of articles of bitumen in rolls to Singapore?

In value terms, Italy constituted the largest supplier of rolled bitumen articles to Singapore, comprising 38% of total imports. The second position in the ranking was occupied by China, with a 9.2% share of total imports. It was followed by the United Arab Emirates, with a 7.4% share.

What are the leading importers of articles of bitumen in rolls from Singapore?

In value terms, South Korea remains the key foreign market for rolled bitumen articles exports from Singapore, comprising 42% of total exports. The second position in the ranking was occupied by Australia, with an 8.4% share of total exports. It was followed by China, with a 7.3% share.

What is the average export price for articles of bitumen in rolls in Singapore?

In 2021, the average rolled bitumen articles export price amounted to $6.5 per square meter, falling by -14% against the previous year.

What is the average import price for articles of bitumen in rolls in Singapore?

The average rolled bitumen articles import price stood at $3.2 per square meter in 2021, shrinking by -5.7% against the previous year.

This report provides an in-depth analysis of the rolled bitumen articles market in Singapore. 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 23991255 - Articles of asphalt or of similar materials, e.g. petroleum bitumen or coal tar pitch, in rolls

Country coverage:

Singapore

Data coverage:

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