Singapore Bitumen Industry Outlook 2022 - 2026

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

Key Market Indicators

Singapore's exports of bitumen are expected to plummet by 33.5% to 470,000 kilograms in 2026 from 4.2 million kilograms in 2021. Since 1994, Singapore's supply has dropped by 22.4% per year on average. In 2021, Singapore ranked 19th, with India taking the top spot at 4.2 million kilograms. Belgium, Canada and Trinidad & Tobago came in second, third and fourth, respectively. Singapore's imports of bitumen grew 135,800% in 2018 to 2.5 million kilograms, up from 1,850 kilograms in 2017. Since 1994, Singapore's demand has decreased by 28.4% per year on average. In 2018, Singapore was ranked 50th, with Guyana coming in first at 2.5 million kilograms. Egypt, Oman and Canada followed in second, third and fourth place, respectively.

Singapore Bitumen Market Data and Forecasts

How much will Singapore Bitumen Market grow to 2026?

Forecast: Export of Natural Bitumen and Asphalt from Singapore
Forecast: Export of Petroleum Bitumen from Singapore
Forecast: Export of Petroleum Bitumen from Singapore

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