Key Market Indicators
Serbian demand for bitumen is expected to grow 0.7% year on year, reaching 2.84 million kilograms by 2026. In 2021, the country was ranked 47th, with 2.68 million kilograms. Kuwait came first in the ranking, followed by Egypt, Oman, and Canada. Serbian bitumen exports dropped 15.5% compared to 2020, reaching 2.11 million kilograms in 2021. Since 2010, exports decreased by 32.3%. In the same ranking, Serbia was ranked 25th, while China took the lead with 2.11 million kilograms. Other countries in the top four included Belgium, Canada, and Trinidad and Tobago.