Key Market Indicators
Russia's bitumen exports are set to reach around 245,000 kilograms by 2026. This growth of 4.6% annually from 2021's figure of 184,000 kilograms marks an increase of 15.6% since 2001. In 2021, Russia was placed 46th in the export rankings, with Cameroon overtaking it with 183,770 kilograms. Belgium, Canada and Trinidad and Tobago respectively were ranked 2nd, 3rd and 4th. Meanwhile, bitumen imports are expected to hit 567,000 kilograms in 2026, a decrease of 8.5% annually from 2021's figure of 933,000 kilograms. Since 2001, Russian demand has increased by 3% year on year. In the 2021 rankings, Russia was placed 69th, with Montenegro taking the lead at 933,210 kilograms. Egypt, Oman and Canada were ranked 2nd, 3rd and 4th respectively.
