Ukraine: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in Ukraine

The Ukrainian rolled bitumen articles market stood at $X in 2021, approximately reflecting the previous year. Over the period under review, consumption saw a abrupt setback. The pace of growth appeared the most rapid in 2017 when the market value increased by 4% against the previous year. Rolled bitumen articles consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Rolled Bitumen Articles Production in Ukraine

In value terms, rolled bitumen articles production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of 32%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Rolled Bitumen Articles Exports

Exports from Ukraine

In 2021, the amount of articles of bitumen in rolls exported from Ukraine contracted markedly to X square meters, declining by -46.6% against the previous year. Over the period under review, exports saw a abrupt slump. The growth pace was the most rapid in 2020 when exports increased by 58%. The exports peaked at X square meters in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, rolled bitumen articles exports shrank remarkably to $X in 2021. Overall, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by 65%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Romania (X square meters) was the main destination for rolled bitumen articles exports from Ukraine, with a 91% share of total exports. Moreover, rolled bitumen articles exports to Romania exceeded the volume sent to the second major destination, Moldova (X square meters), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Romania stood at -10.8%.

In value terms, Romania ($X) remains the key foreign market for articles of bitumen in rolls exports from Ukraine, comprising 65% of total exports. The second position in the ranking was taken by Moldova ($X), with a 9.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Romania totaled -12.7%.

Export Prices by Country

The average rolled bitumen articles export price stood at $X per square meter in 2021, standing approx. at the previous year. In general, the export price recorded a deep downturn. The growth pace was the most rapid in 2018 when the average export price increased by 56%. The export price peaked at $X per square meter in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Moldova ($X per square meter), while the average price for exports to Romania stood at $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+3.6%), while the prices for the other major destinations experienced a decline.

Rolled Bitumen Articles Imports

Imports into Ukraine

In 2021, after two years of growth, there was significant decline in supplies from abroad of articles of bitumen in rolls, when their volume decreased by -6.8% to X square meters. Over the period under review, imports showed a noticeable slump. The pace of growth appeared the most rapid in 2019 when imports increased by 166%. Imports peaked at X square meters in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, rolled bitumen articles imports rose notably to $X in 2021. In general, imports saw a noticeable downturn. The growth pace was the most rapid in 2019 when imports increased by 196% against the previous year. 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, Belarus (X square meters) constituted the largest supplier of rolled bitumen articles to Ukraine, accounting for a 76% share of total imports. Moreover, rolled bitumen articles imports from Belarus exceeded the figures recorded by the second-largest supplier, Russia (X square meters), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belarus stood at +21.7%.

In value terms, Belarus ($X) constituted the largest supplier of articles of bitumen in rolls to Ukraine, comprising 70% of total imports. The second position in the ranking was taken by Russia ($X), with a 23% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Belarus totaled +19.3%.

Import Prices by Country

The average rolled bitumen articles import price stood at $X per square meter in 2021, with an increase of 19% against the previous year. In general, the import price, however, continues to indicate a mild decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 33% against the previous year. The import price peaked at $X per square meter in 2012; however, from 2013 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 Russia ($X per square meter), while the price for Belarus stood at $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-0.2%).

Source: IndexBox Platform

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