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Russian Federation - Asphalt or Bitumen Articles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Asphalt or Bitumen Article in Russia - 2022
Contents:
- Price for Asphalt or Bitumen Article in Russia (FOB) - 2022
- Price for Asphalt or Bitumen Article in Russia (CIF) - 2022
- Exports of Asphalt or Bitumen Article in Russia
- Imports of Asphalt or Bitumen Article in Russia
Price for Asphalt or Bitumen Article in Russia (FOB) - 2022
In January 2022, the average asphalt or bitumen article export price amounted to $465 per ton, picking up by 3.1% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in June 2021 when the average export price increased by 6.7% m-o-m. Over the period under review, the average export prices reached the peak figure at $468 per ton in October 2021; however, from November 2021 to January 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($702 per ton), while the average price for exports to Slovakia ($315 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Asphalt or Bitumen Article in Russia (CIF) - 2022
In January 2022, the average asphalt or bitumen article import price amounted to $927 per ton, surging by 3.3% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2021 an increase of 32% m-o-m. The import price peaked in January 2022.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was the United States ($8,451 per ton), while the price for Finland ($585 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Asphalt or Bitumen Article in Russia
After three years of growth, shipments abroad of asphalt or bitumen articles decreased by -4.5% to 557K tons in 2022. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 8.6%. As a result, the exports reached the peak of 583K tons, and then contracted in the following year.
In value terms, asphalt or bitumen article exports contracted to $219M in 2022. The total export value increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of $246M, and then fell in the following year.
Export of Asphalt or Bitumen Article in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | 24.2 | 23.6 | 33.2 | 30.9 | 8.5% |
Poland | 26.9 | 25.4 | 30.6 | 27.1 | 0.2% |
Israel | 9.1 | 10.8 | 11.0 | 17.7 | 24.8% |
Lithuania | 9.8 | 9.1 | 12.0 | 16.8 | 19.7% |
Czech Republic | 9.6 | 8.5 | 11.8 | 14.4 | 14.5% |
Bulgaria | 6.4 | 6.4 | 8.9 | 12.6 | 25.3% |
Moldova | 5.9 | 5.8 | 7.8 | 10.4 | 20.8% |
Sweden | 4.2 | 4.7 | 6.1 | 7.6 | 21.9% |
Finland | 6.1 | 6.5 | 7.6 | 7.2 | 5.7% |
Estonia | 7.1 | 6.6 | 7.0 | 6.1 | -4.9% |
Romania | 6.3 | 6.2 | 9.4 | 5.2 | -6.2% |
Azerbaijan | 3.5 | 3.5 | 4.7 | 4.8 | 11.1% |
Slovakia | 3.8 | 4.3 | 5.0 | 3.7 | -0.9% |
Others | 69.6 | 71.6 | 90.5 | 54.9 | -7.6% |
Total | 192 | 193 | 246 | 219 | 4.5% |
Top Export Markets for Asphalt or Bitumen Article from Russia in 2022:
- Kazakhstan (73.3K tons)
- Poland (67.5K tons)
- Bulgaria (46.3K tons)
- Lithuania (44.9K tons)
- Israel (42.5K tons)
- Czech Republic (39.5K tons)
- Moldova (30.0K tons)
- Azerbaijan (15.4K tons)
- Finland (15.0K tons)
- Slovakia (14.0K tons)
- Romania (13.8K tons)
- Estonia (13.4K tons)
- Sweden (12.8K tons)
Imports of Asphalt or Bitumen Article in Russia
In 2022, approx. 25K tons of asphalt or bitumen articles were imported into Russia; declining by -14.6% compared with the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of 30K tons, and then dropped in the following year.
In value terms, asphalt or bitumen article imports fell remarkably to $18M in 2022. In general, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 59% against the previous year. As a result, imports reached the peak of $22M, and then fell markedly in the following year.
Import of Asphalt or Bitumen Article in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 10.3 | 8.2 | 13.2 | 9.8 | -1.6% |
Germany | 1.4 | 1.5 | 2.6 | 5.0 | 52.9% |
China | 0.1 | 0.1 | 0.3 | 0.8 | 100.0% |
Japan | 0.6 | 0.5 | 0.7 | 0.7 | 5.3% |
Romania | N/A | N/A | N/A | 0.6 | 0% |
France | 0.9 | 0.7 | 0.6 | 0.4 | -23.7% |
United States | 1.3 | 0.9 | 1.3 | N/A | 0.0% |
Others | 2.6 | 2.2 | 3.6 | 0.9 | -29.8% |
Total | 17.1 | 14.0 | 22.3 | 18.2 | 2.1% |
Top Suppliers of Asphalt or Bitumen Article to Russia in 2022:
- United States (undefinedK tons)
- Finland (21.8K tons)
- Germany (1.2K tons)
- Romania (0.7K tons)
- China (0.4K tons)
- Japan (0.4K tons)
- France (0.3K tons)
This report provides an in-depth analysis of the market for asphalt or bitumen article in the Russian Federation. 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 23991255 - Articles of asphalt or of similar materials, e.g. petroleum bitumen or coal tar pitch, in rolls
- Prodcom 23991290 - Products based on bitumen (excluding in rolls)
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for asphalt or bitumen article in the Russian Federation.
This report provides an in-depth analysis of the rolled bitumen articles market in the Russian Federation.
This report provides an in-depth analysis of the non-rolled bitumen products market in the Russian Federation.
This report provides an in-depth analysis of the global market for asphalt or bitumen article.
This report provides an in-depth analysis of the global rolled bitumen articles market.
This report provides an in-depth analysis of the global non-rolled bitumen products market.
This report provides an in-depth analysis of the market for asphalt or bitumen article in the Russian Federation.
This report provides an in-depth analysis of the rolled bitumen articles market in the Russian Federation.
This report provides an in-depth analysis of the non-rolled bitumen products market in the Russian Federation.
This report provides an in-depth analysis of the global market for asphalt or bitumen article.
From 2010 to 2020, rolled bitumen article exports from Russia increased from 35M square meters to 140М square meters. In monetary terms, supplies grew from $61M to $154M. Russia remains the leading supplier, accounting for 24% of global rolled bitumen article exports.
From 2010 to 2020, rolled bitumen article exports from Russia increased from 35M square meters to 140М square meters. In monetary terms, supplies grew from $61M to $154M. Russia remains the leading supplier, accounting for 24% of global rolled bitumen article exports.