Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Australia - 2022

Contents:

  1. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Australia (FOB) - 2022
  2. Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Australia

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Australia (FOB) - 2022

The average export price for oils and products of the distillation of high temperature coal tar; benzoles stood at $891 per ton in 2022, increasing by 38% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 90% against the previous year. The export price peaked at $963 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($899 per ton), while the average price for exports to Japan amounted to $883 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.4%), while the prices for the other major destinations experienced a decline.

Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Australia

In 2022, exports of oils and products of the distillation of high temperature coal tar; benzoles from Australia fell rapidly to 15K tons, which is down by -20.3% compared with 2021 figures. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 103%.

In value terms, exports of oils and products of the distillation of high temperature coal tar; benzoles stood at $13M in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2021 with an increase of 286%. Over the period under review, the exports of oils and products of distillation of high temperature coal tar; benzoles attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan6.72.86.86.91.0%
South Korea1.50.45.36.462.2%
OthersN/AN/AN/AN/A0%
Total8.23.112.113.317.5%

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

  1. Japan (7.8K tons)
  2. South Korea (7.2K tons)

Source: IndexBox Market Intelligence Platform

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