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Ethiopia - Asphalt or Bitumen Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEthiopia: Market for Asphalt or Bitumen Articles 2024
Market Size for Asphalt or Bitumen Articles in Ethiopia
In 2023, the Ethiopian asphalt or bitumen article market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. In general, consumption, however, saw notable growth. Asphalt or bitumen article consumption peaked at $X in 2016; however, from 2017 to 2023, consumption failed to regain momentum.
Exports of Asphalt or Bitumen Articles
Exports from Ethiopia
In 2021, approx. X kg of asphalt or bitumen articles were exported from Ethiopia; remaining stable against 2020. In general, exports posted significant growth. The growth pace was the most rapid in 2015 when exports increased by X%. The exports peaked at X kg in 2016; however, from 2017 to 2021, the exports failed to regain momentum.
In value terms, asphalt or bitumen article exports amounted to $X in 2021. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Kuwait (X kg) was the main destination for asphalt or bitumen article exports from Ethiopia, with a approx. X% share of total exports.
From 2014 to 2021, the average annual growth rate of volume to Kuwait was relatively modest.
From 2014 to 2021, the average annual growth rate of value to Kuwait was relatively modest.
Export Prices by Country
In 2021, the average asphalt or bitumen article export price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price saw a perceptible increase. The pace of growth was the most pronounced in 2016 when the average export price decreased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Kuwait.
From 2014 to 2021, the rate of growth in terms of prices for Turkey amounted to X% per year.
Imports of Asphalt or Bitumen Articles
Imports into Ethiopia
In 2023, approx. X tons of asphalt or bitumen articles were imported into Ethiopia; declining by X% compared with the previous year's figure. In general, imports, however, saw moderate growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2023, the growth of imports remained at a lower figure.
In value terms, asphalt or bitumen article imports shrank significantly to $X in 2023. Over the period under review, imports, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, Saudi Arabia (X tons) constituted the largest supplier of asphalt or bitumen article to Ethiopia, accounting for a X% share of total imports. Moreover, asphalt or bitumen article imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The United Arab Emirates (X tons) ranked third in terms of total imports with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United Arab Emirates (X% per year).
In value terms, Saudi Arabia ($X) constituted the largest supplier of asphalt or bitumen articles to Ethiopia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.
From 2012 to 2023, the average annual growth rate of value from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United Arab Emirates (X% per year).
Import Prices by Country
In 2023, the average asphalt or bitumen article import price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for France ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for asphalt or bitumen article in Ethiopia. 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:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- 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
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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
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