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

Contents:

  1. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Austria (FOB) - 2023
  2. Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Austria

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

The average export price for oils and products of the distillation of high temperature coal tar; benzoles stood at $1,021 per ton in October 2023, jumping by 20% against the previous month. In general, export price indicated a measured increase from October 2022 to October 2023: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for oils and products of the distillation of high temperature coal tar; benzoles increased by +42.7% against July 2023 indices. The pace of growth was the most pronounced in January 2023 when the average export price increased by 22% month-to-month. The export price peaked in October 2023.

As there is only one major export destination, the average price level is determined by prices for Germany.

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +3.5% per month.

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

In 2022, exports of oils and products of the distillation of high temperature coal tar; benzoles from Austria dropped remarkably to 119K tons, falling by -15.1% compared with 2021 figures. In general, exports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. As a result, the exports reached the peak of 140K tons, and then fell notably in the following year.

In value terms, exports of oils and products of the distillation of high temperature coal tar; benzoles reduced to $101M in 2022. Overall, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 135% against the previous year. As a result, the exports reached the peak of $112M, and then fell in the following year.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany68.746.511199.513.1%
Czech Republic4.30.61.21.3-32.9%
Others0.70.6N/AN/A-14.3%
Total73.747.711210111.1%

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

  1. Germany (116.7K tons)
  2. Czech Republic (2.5K tons)

Source: IndexBox Market Intelligence Platform

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