| Product Code: ETC8934349 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Republic of North Macedonia continued to see a significant influx of oxidized bitumen imports in 2024, with top exporters being Greece, Serbia, Bulgaria, Albania, and Switzerland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 14.92%, showing sustained growth in the sector. Furthermore, the growth rate from 2023 to 2024 spiked to 19.32%, underscoring the momentum in import shipments of oxidized bitumen into North Macedonia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Republic of Macedonia Oxidized Bitumen Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Oxidized Bitumen Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Oxidized Bitumen Market - Industry Life Cycle |
3.4 Republic of Macedonia Oxidized Bitumen Market - Porter's Five Forces |
3.5 Republic of Macedonia Oxidized Bitumen Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Republic of Macedonia Oxidized Bitumen Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Republic of Macedonia Oxidized Bitumen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Republic of Macedonia Oxidized Bitumen Market Trends |
6 Republic of Macedonia Oxidized Bitumen Market, By Types |
6.1 Republic of Macedonia Oxidized Bitumen Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Oxidized Bitumen Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Republic of Macedonia Oxidized Bitumen Market Revenues & Volume, By Grade 95/25, 2021- 2031F |
6.1.4 Republic of Macedonia Oxidized Bitumen Market Revenues & Volume, By Grade 85/25, 2021- 2031F |
6.1.5 Republic of Macedonia Oxidized Bitumen Market Revenues & Volume, By Grade 90/40, 2021- 2031F |
6.1.6 Republic of Macedonia Oxidized Bitumen Market Revenues & Volume, By Grade115/15, 2021- 2031F |
6.1.7 Republic of Macedonia Oxidized Bitumen Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Republic of Macedonia Oxidized Bitumen Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Oxidized Bitumen Market Revenues & Volume, By Paints, 2021- 2031F |
6.2.3 Republic of Macedonia Oxidized Bitumen Market Revenues & Volume, By Cements, 2021- 2031F |
6.2.4 Republic of Macedonia Oxidized Bitumen Market Revenues & Volume, By Pipe Coatings, 2021- 2031F |
6.2.5 Republic of Macedonia Oxidized Bitumen Market Revenues & Volume, By Metal Primers, 2021- 2031F |
6.2.6 Republic of Macedonia Oxidized Bitumen Market Revenues & Volume, By Other, 2021- 2031F |
7 Republic of Macedonia Oxidized Bitumen Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Oxidized Bitumen Market Export to Major Countries |
7.2 Republic of Macedonia Oxidized Bitumen Market Imports from Major Countries |
8 Republic of Macedonia Oxidized Bitumen Market Key Performance Indicators |
9 Republic of Macedonia Oxidized Bitumen Market - Opportunity Assessment |
9.1 Republic of Macedonia Oxidized Bitumen Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Republic of Macedonia Oxidized Bitumen Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Republic of Macedonia Oxidized Bitumen Market - Competitive Landscape |
10.1 Republic of Macedonia Oxidized Bitumen Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Oxidized Bitumen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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