Global Asphalted Paper Market 2024

Asphalted Paper Market Size

In 2022, the global asphalted paper market decreased by -0.4% to $X, falling for the third year in a row after two years of growth. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, the global market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Asphalted Paper Production

In value terms, asphalted paper production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when the production volume increased by 15% against the previous year. Over the period under review, global production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Asphalted Paper Exports

Exports

In 2022, overseas shipments of tarred, bituminised or asphalted paper and paperboard decreased by -6% to X tons, falling for the fourth year in a row after two years of growth. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by 3.5% against the previous year. The global exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, asphalted paper exports dropped to $X in 2022. In general, exports showed a deep slump. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. The global exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) and the Czech Republic (X tons) represented the key exporters of tarred, bituminised or asphalted paper and paperboard in 2022, reaching near 30% and 28% of total exports, respectively. Canada (X tons) held a 9.8% share (based on physical terms) of total exports, which put it in second place, followed by Italy (9.2%). Malaysia (X tons), Russia (X tons), Germany (X tons), Mexico (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Spain (with a CAGR of +39.7%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest asphalted paper supplying countries worldwide were the United States ($X), the Czech Republic ($X) and Italy ($X), together accounting for 48% of global exports. Canada, Malaysia, Mexico, Germany, Spain and Russia lagged somewhat behind, together accounting for a further 25%.

Spain, with a CAGR of +26.0%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average asphalted paper export price amounted to $X per ton, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 27%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.3%), while the other global leaders experienced more modest paces of growth.

Asphalted Paper Imports

Imports

In 2022, after three years of decline, there was growth in overseas purchases of tarred, bituminised or asphalted paper and paperboard, when their volume increased by 3.9% to X tons. Over the period under review, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2018 with an increase of 10%. Over the period under review, global imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, asphalted paper imports contracted to $X in 2022. Overall, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 when imports increased by 9.2%. Global imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) was the key importer of tarred, bituminised or asphalted paper and paperboard, generating 30% of total imports. Myanmar (X tons) held the second position in the ranking, followed by the United States (X tons) and Egypt (X tons). All these countries together held near 24% share of total imports. Canada (X tons), France (X tons), Belgium (X tons), Denmark (X tons), Thailand (X tons), Poland (X tons), Cambodia (X tons), Sweden (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

Imports into Germany decreased at an average annual rate of -2.8% from 2012 to 2022. At the same time, Myanmar (+33.2%), Cambodia (+21.8%), Egypt (+11.7%), Poland (+11.5%), Thailand (+1.5%) and France (+1.1%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in the world, with a CAGR of +33.2% from 2012-2022. Denmark experienced a relatively flat trend pattern. By contrast, Canada (-2.6%), Sweden (-6.9%), Belgium (-8.1%), the Netherlands (-15.5%) and the United States (-17.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Myanmar, Germany, Egypt, France and Cambodia increased by +12, +8.8, +4.3, +2 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest asphalted paper importing markets worldwide were Germany ($X), Thailand ($X) and Egypt ($X), with a combined 25% share of global imports. France, the United States, Canada, Belgium, Myanmar, Poland, the Netherlands, Sweden, Denmark and Cambodia lagged somewhat behind, together accounting for a further 42%.

Among the main importing countries, Cambodia, with a CAGR of +20.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average asphalted paper import price stood at $X per ton in 2022, declining by -17.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 10% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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