Tunisia: Non-Rolled Bitumen Products Market 2024

Non-Rolled Bitumen Products Market Size in Tunisia

The Tunisian non-rolled bitumen products market fell modestly to $X in 2022, dropping by -3.5% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Non-Rolled Bitumen Products Production in Tunisia

In value terms, non-rolled bitumen products production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 40%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Non-Rolled Bitumen Products Exports

Exports from Tunisia

In 2022, non-rolled bitumen products exports from Tunisia reduced markedly to X tons, dropping by -20.4% compared with the previous year. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of 553% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, non-rolled bitumen products exports dropped rapidly to $X in 2022. Over the period under review, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 364%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cote d'Ivoire (X tons), Djibouti (X tons) and Senegal (X tons) were the main destinations of non-rolled bitumen products exports from Tunisia, with a combined 88% share of total exports. Togo and Congo lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of +732.0%), while shipments for the other leaders experienced a decline.

In value terms, Djibouti ($X) remains the key foreign market for non-rolled bitumen products exports from Tunisia, comprising 69% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a 16% share of total exports. It was followed by Togo, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Djibouti amounted to -10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (-6.9% per year) and Togo (+668.7% per year).

Export Prices by Country

The average non-rolled bitumen products export price stood at $X per ton in 2022, surging by 3.9% against the previous year. In general, the export price, however, saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by 185% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Djibouti ($X per ton), while the average price for exports to Senegal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (+1.9%), while the prices for the other major destinations experienced a decline.

Non-Rolled Bitumen Products Imports

Imports into Tunisia

Non-rolled bitumen products imports into Tunisia shrank sharply to X tons in 2022, which is down by -17.3% compared with 2021. Over the period under review, imports, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2017 with an increase of 316% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, non-rolled bitumen products imports declined slightly to $X in 2022. Overall, imports, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2019 with an increase of 427%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Egypt (X tons), the United Arab Emirates (X tons) and Turkey (X tons) were the main suppliers of non-rolled bitumen products imports to Tunisia, with a combined 80% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +71.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of non-rolled bitumen products to Tunisia, comprising 50% of total imports. The second position in the ranking was held by Turkey ($X), with a 19% share of total imports. It was followed by France, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+42.1% per year) and France (-0.6% per year).

Import Prices by Country

The average non-rolled bitumen products import price stood at $X per ton in 2022, with an increase of 19% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decline. The growth pace was the most rapid in 2019 when the average import price increased by 58% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform