Italy"s bitumen market plays a crucial role in the nation"s petroleum sector, characterized by significant exports and modest imports. In 2024, Italy"s export volume of petroleum bitumen reached an impressive 1. 1 billion kg, generating a revenue of approximately $478. 3 million. This robust trade activity underscores Italy"s position as a key player in the global bitumen market, reflecting a strong demand for Italian-sourced bitumen in international markets. Conversely, Italy"s import figures for petroleum bitumen were considerably lower, with 44. 3 million kg imported at a value of $23. 5 million.

This disparity between import and export volumes indicates that Italy not only satisfies its domestic demand with local production but also holds a competitive edge in exporting bitumen. The pricing trends further reveal a compelling narrative. The average price for exported bitumen stands at approximately $0. 435 per kg, which is significantly higher compared to the import price of $0. 53 per kg. This difference suggests that Italy"s bitumen is highly valued in foreign markets, potentially due to quality or other market advantages, while the imported bitumen is acquired at a slightly higher cost per unit. For businesses interested in entering or expanding within Italy"s bitumen market, these insights highlight lucrative opportunities, especially in the export sector. The robust export volumes and favorable pricing reinforce Italy"s strategic advantage in bitumen trade.

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