Ecuador Bitumen Industry Outlook 2022 - 2026

See how Ecuador Bitumen performed compared to key markets such as the United States, Belgium and Canada.

Key Market Indicators

Ecuador's bitumen export is set to plunge by 38.1% this year, from 12,490 kilograms in 2021 to around 984.16 kilograms by 2026. This dramatic drop follows an 18.8% decrease since 2005. In 2021, Ecuador sat at 67th place in the exporting rankings, with Slovenia overtaking it. Belgium, Canada and Trinidad and Tobago followed in 2nd, 3rd and 4th place, respectively. Meanwhile, Ecuador's bitumen imports surged by 56.7% in 2018, from 216,060 kilograms the previous year to 338,470 kilograms. This was despite a 45% decrease since 1996. That same year, Ecuador was placed 83rd in the importing rankings, with Gambia overtaking it. Egypt, Oman and Canada came in 2nd, 3rd and 4th place, respectively.

Ecuador Bitumen Market Data and Forecasts

How much will Ecuador Bitumen Market grow to 2026?

Forecast: Import of Petroleum Bitumen to Ecuador
Forecast: Import of Petroleum Bitumen to Ecuador
Forecast: Export of Natural Bitumen and Asphalt from Ecuador

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