Price for Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in Belgium - 2023

Contents:

1. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in Belgium (FOB) - 2023
2. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in Belgium (CIF) - 2023
3. Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in Belgium
4. Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in Belgium

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in Belgium (FOB) - 2023

The average export price for oils and products of the distillation of high temperature coal tar; xyloles stood at $986 per ton in November 2023, which is down by -10.5% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 an increase of 25% m-o-m. The export price peaked at $1,180 per ton in September 2023; however, from October 2023 to November 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In November 2023, the country with the highest price was Germany ($984 per ton), while the average price for exports to the Netherlands totaled $981 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in Belgium (CIF) - 2023

The average import price for oils and products of the distillation of high temperature coal tar; xyloles stood at $1,078 per ton in October 2023, reducing by -8.5% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.8%. The pace of growth was the most pronounced in September 2023 when the average import price increased by 23% month-to-month. As a result, import price attained the peak level of $1,178 per ton, and then declined in the following month.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($1,150 per ton), while the price for the Netherlands totaled $970 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in Belgium

In 2022, shipments abroad of oils and products of the distillation of high temperature coal tar; xyloles decreased by -8.7% to 675K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 30%. As a result, the exports reached the peak of 739K tons, and then fell in the following year.

In value terms, exports of oils and products of the distillation of high temperature coal tar; xyloles skyrocketed to $672M in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 107%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Oils and Products of the Distillation of High Temperature Coal Tar; Xylole from Belgium in 2022:

1. Netherlands (438.0K tons)
2. Canada (86.5K tons)
3. United States (66.4K tons)
4. Turkey (18.0K tons)
5. France (17.4K tons)
6. Portugal (14.9K tons)

Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in Belgium

In 2022, imports of oils and products of the distillation of high temperature coal tar; xyloles into Belgium surged to 396K tons, increasing by 43% on the previous year. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of oils and products of the distillation of high temperature coal tar; xyloles surged to $364M in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole to Belgium in 2022:

1. Germany (89.5K tons)
2. Denmark (72.4K tons)
3. Sweden (66.7K tons)
4. Netherlands (65.1K tons)
5. Spain (32.0K tons)
6. Portugal (30.7K tons)
7. France (17.5K tons)

Source: IndexBox Market Intelligence Platform