Southern Asia: Bitumen Mixer Market 2025

Bitumen Mixer Market Size in Southern Asia

The South Asian bitumen mixer market dropped to $X in 2021, with a decrease of -4.4% against the previous year. Over the period under review, consumption saw a noticeable descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Bitumen Mixer Production in Southern Asia

In value terms, bitumen mixer production dropped to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by 6%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Bitumen Mixer Exports

Exports in Southern Asia

In 2021, exports of machines for mixing mineral substances with bitumen in Southern Asia soared to X units, growing by 19% compared with the previous year. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 96%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, bitumen mixer exports skyrocketed to $X in 2021. In general, exports showed resilient growth. The pace of growth was the most pronounced in 2018 with an increase of 58%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from India (X units), together resulting at 100% of total export.

India was also the fastest-growing in terms of the machines for mixing mineral substances with bitumen exports, with a CAGR of +20.2% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest bitumen mixer supplier in Southern Asia.

From 2012 to 2021, the average annual growth rate of value in India totaled +7.1%.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2021, surging by 2% against the previous year. In general, the export price, however, saw a deep slump. The pace of growth was the most pronounced in 2016 an increase of 35% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -11.0% per year.

Bitumen Mixer Imports

Imports in Southern Asia

In 2021, approx. X units of machines for mixing mineral substances with bitumen were imported in Southern Asia; rising by 28% compared with the year before. Over the period under review, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of 171% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, bitumen mixer imports shrank to $X in 2021. Overall, imports, however, showed a deep setback. The growth pace was the most rapid in 2018 when imports increased by 60% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Afghanistan was the major importing country with an import of about X units, which resulted at 65% of total imports. Sri Lanka (X units) ranks second in terms of the total imports with a 13% share, followed by Bangladesh (8.1%) and Nepal (7.7%). The following importers - India (X units) and Pakistan (X units) - each amounted to a 4.8% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to bitumen mixer imports into Afghanistan stood at +32.1%. At the same time, Nepal (+36.1%), Sri Lanka (+9.4%) and Bangladesh (+3.0%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +36.1% from 2012-2021. By contrast, Pakistan (-6.3%) and India (-20.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Afghanistan and Nepal increased by +53 and +6.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest bitumen mixer importing markets in Southern Asia were Bangladesh ($X), Nepal ($X) and Sri Lanka ($X), with a combined 81% share of total imports.

Among the main importing countries, Nepal, with a CAGR of +25.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per unit, shrinking by -28% against the previous year. Over the period under review, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 53%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Bangladesh ($X per unit), while Afghanistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+1.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :