Global bitumen markets closed the year with mixed signals, shaped by seasonal slowdowns, logistics planning, and shifting regional demand. As 2026 begins, each region is entering the new year with distinct supply and project dynamics.
Across North and Central Europe, construction activity slowed as winter weather and holidays reduced project execution. Many asphalt plants temporarily closed, with restarts expected gradually as January progresses.
Cargo movements showed resilience, supported by active terminal operations and revised shipping agreements. Maintenance at select refineries is expected to influence sourcing strategies into early spring.
Southern and Eastern European markets remain focused on preparing for post-winter demand, with logistics coordination playing a central role in supply continuity.
African markets continued receiving steady cargo volumes despite seasonal slowdowns. West Africa remains focused on stock-building to support upcoming dry-season road programs.
East Africa experienced temporary pauses in construction activity, though project momentum is expected to resume shortly. Southern Africa is preparing for renewed port and inland logistics activity following the holiday period.
Across the continent, infrastructure planning and refinery maintenance are shaping import strategies and long-term supply planning.
Asia-Pacific markets faced weather-related delays and holiday-driven slowdowns. Southeast Asia saw selective purchasing focused on immediate project needs rather than long-term commitments.
China entered a seasonal off-peak phase, with northern regions slowing construction and southern markets managing cautious procurement. South Korea adjusted export routes in response to evolving production strategies.
Vietnam experienced a brief uptick in activity as contractors rushed to complete projects ahead of upcoming holidays.