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Report World - Bituminous Mixtures - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Bituminous Mixtures - Market Analysis, Forecast, Size, Trends and Insights

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Global Bituminous Mixtures Market 2024

Bituminous Mixtures Market Size

The global bituminous mixtures market rose modestly to $X in 2021, picking up by 1.5% against the previous year. The market value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market attained the peak level in 2021 and is likely to see steady growth in the immediate term.

Bituminous Mixtures Production

In value terms, bituminous mixtures production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 26% against the previous year. Over the period under review, global production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Bituminous Mixtures Exports

Exports

In 2021, global exports of bituminous mixtures soared to X tons, rising by 56% against 2020. In general, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 122% against the previous year. Over the period under review, the global exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, bituminous mixtures exports skyrocketed to $X in 2021. Over the period under review, exports showed a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of 89% against the previous year. Over the period under review, the global exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Russia was the key exporting country with an export of around X tons, which recorded 38% of total exports. Singapore (X tons) held the second position in the ranking, distantly followed by Togo (X tons) and Indonesia (X tons). All these countries together took approx. 38% share of total exports. Spain (X tons), Canada (X tons), Germany (X tons), Iraq (X tons) and Belgium (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Togo (with a CAGR of +2,178.3%), while the other global leaders experienced more modest paces of growth.

In value terms, Russia ($X), Singapore ($X) and Togo ($X) constituted the countries with the highest levels of exports in 2021, with a combined 63% share of global exports.

In terms of the main exporting countries, Togo, with a CAGR of +99.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average bituminous mixtures export price amounted to $X per ton, surging by 8.3% against the previous year. In general, the export price, however, showed a pronounced slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 35%. The global export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Canada ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+0.2%), while the other global leaders experienced a decline in the export price figures.

Bituminous Mixtures Imports

Imports

Global bituminous mixtures imports skyrocketed to X tons in 2021, growing by 18% compared with 2020 figures. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 443%. Over the period under review, global imports reached the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, bituminous mixtures imports surged to $X in 2021. Overall, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 223% against the previous year. Global imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons) represented roughly 90% of total imports in 2021.

China was also the fastest-growing in terms of the bituminous mixtures imports, with a CAGR of +27.3% from 2012 to 2021. From 2012 to 2021, the share of China increased by +26 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported bituminous mixtures worldwide.

In China, bituminous mixtures imports increased at an average annual rate of +20.2% over the period from 2012-2021.

Import Prices by Country

In 2021, the average bituminous mixtures import price amounted to $X per ton, surging by 45% against the previous year. Overall, the import price, however, showed a deep reduction. Global import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -5.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest bituminous mixtures consuming country worldwide, accounting for 23% of total volume. Moreover, bituminous mixtures consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7.8% share.
The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 39% of global production. These countries were followed by Japan, France, Russia, Brazil, Indonesia, Italy, the UK, South Korea, Iran and Saudi Arabia, which together accounted for a further 33%.
In value terms, Russia emerged as the largest bituminous mixtures supplier worldwide, comprising 45% of global exports. The second position in the ranking was occupied by Indonesia, with a 9.1% share of global exports. It was followed by Singapore, with a 5.8% share.
In value terms, China constitutes the largest market for imported bituminous mixtures worldwide.
The average bituminous mixtures export price stood at $452 per ton in 2021, with an increase of 5.5% against the previous year.
The average bituminous mixtures import price stood at $273 per ton in 2021, surging by 7.8% against the previous year.

This report provides an in-depth analysis of the global bituminous mixtures market. 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 23991310 - Bituminous mixtures based on natural and artificial aggregate and bitumen or natural asphalt as a binder

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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