Italy leads European exports of products based on bitumen with a significant margin, surpassing Slovakia and Spain. In 2023, notable growth rates were observed in Italy, Finland, and Estonia. A downward trend characterized Germany, Netherlands, and Romania, reflecting significant decreases over the same period. The compound annual growth rate (CAGR) over the past five years highlights notable growth in Finland and Estonia, whereas some Western European countries like Germany showed stagnation or decline.
Future trends to watch include:
- The potential shift in market demand due to increased infrastructure projects that may affect bitumen-based product exports.
- The impact of sustainable practices and regulations on the bitumen industry across Europe.
- Technological advancements in production that could influence export dynamics.
Top countries in Export of Products Based on Bitumen Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 41.78 | 2023 | +37.21% | +40.92% | View data |
| 2 | 2 Slovakia | 13.88 | 2023 | +4.28% | +3.56% | View data |
| 3 | 3 Spain | 9.15 | 2023 | -7.03% | -0.86% | View data |
| 4 | 4 Finland | 7.66 | 2023 | +2.96% | +3.19% | View data |
| 5 | 5 Poland | 6.74 | 2023 | +1.42% | +1.02% | View data |
| 6 | 6 Lithuania | 5.74 | 2023 | +1.46% | +3.02% | View data |
| 7 | 7 Germany | 3.47 | 2023 | +1.78% | -16.88% | View data |
| 8 | 8 Portugal | 1.64 | 2023 | -77.76% | View data | |
| 9 | 9 Sweden | 1.59 | 2023 | +20.73% | +10.51% | View data |
| 10 | 10 Czechia | 1.05 | 2023 |
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