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Import News
13-09-2024
Asphalt (bitumen) is a crucial material in the construction industry, widely used for road surfacing, roofing, and waterproofing applications. The global market for asphalt import is expanding rapidly due to increasing infrastructure development, with several countries leading the import market. According to data from Tendata, here are the world's top 5 countries by asphalt import value in 2023:
1. United States – 515.7 Million USD
The United States ranks as the largest importer of asphalt, with a total asphalt import value of 515.7 million USD in 2023. The country's robust infrastructure projects, including road construction and maintenance, contribute to its high demand for asphalt. Urban development and industrial expansion further fuel its asphalt import needs.
2. Canada – 291.0 Million USD
Canada is second globally in asphalt import, with a value of 291.0 million USD in 2023. Canada's cold climate and extensive road networks require frequent maintenance, driving the demand for asphalt. With a focus on infrastructure, the country's asphalt import market continues to grow.
3. Netherlands – 153.9 Million USD
The Netherlands is a key player in the global asphalt import market, with an import value of 153.9 million USD in 2023. The country's strategic location and advanced transportation infrastructure, including roads and ports, make it a significant hub for asphalt imports, especially for construction and maintenance purposes.
4. United Kingdom – 114.5 Million USD
The United Kingdom is a significant importer of asphalt, with an asphalt import value of 114.5 million USD in 2023. Ongoing infrastructure improvements and road maintenance projects, driven by population growth and urbanization, contribute to the rising demand for asphalt imports in the UK.
5. Czech Republic – 62.4 Million USD
The Czech Republic is emerging as a growing market for asphalt imports, with an import value of 62.4 million USD in 2023. The country's expanding construction sector, including new road networks and public infrastructure, is driving its increasing demand for asphalt imports.
Global Insights from Asphalt Import Data
Asphalt import data provides valuable insights into international trade transactions and reveals information about suppliers and competitors. By analyzing this data, businesses can understand their competitors' sourcing strategies and discover new trading partners. Asphalt import data includes details such as importers, suppliers, quantities, and the countries involved in trade. You can also search for "bitumen" in Tendata.
Benefits of the Asphalt Import Dashboard
Our unique asphalt import dashboard enables businesses to establish trade relationships between importers and exporters. The dashboard saves time by providing tailored queries in seconds. Users can save searches, download results, and conduct in-depth analysis—all in one place. With access to verified buyers and sellers of asphalt across 218+ countries, along with their contact information, the dashboard is an invaluable tool for businesses seeking growth in the asphalt import market.
Conclusion
Asphalt(bitumen) is a vital material for construction and industrial use, and the global asphalt import market is led by countries such as the United States, Canada, and the Netherlands. By leveraging asphalt import data and advanced dashboard tools, businesses can gain valuable insights, find new market opportunities, and build strong international trade relationships.
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