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

Contents:

1. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in India (FOB) - 2023
2. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in India (CIF) - 2022
3. Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in India
4. Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in India

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

The average export price for oils and products of the distillation of high temperature coal tar; benzoles stood at $631 per ton in November 2023, reducing by -7.8% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 11% m-o-m. The export price peaked at $685 per ton in October 2023, and then contracted in the following month.

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

From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to +0.1% per month.

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

In 2022, the average import price for oils and products of the distillation of high temperature coal tar; benzoles amounted to $8,571 per ton, which is down by -47.8% against the previous year. Over the period under review, the import price, however, continues to indicate a significant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 2,876%. As a result, import price attained the peak level of $16,415 per ton, and then plummeted in the following year.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From 2018 to 2022, the rate of growth in terms of prices for Japan amounted to +294.0% per year.

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

In 2022, after two years of decline, there was significant growth in shipments abroad of oils and products of the distillation of high temperature coal tar; benzoles, when their volume increased by 146% to 2.1K tons. In general, exports posted a moderate increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of oils and products of the distillation of high temperature coal tar; benzoles soared to $1.4M in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. China (2.1K tons)

Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in India

In 2022, imports of oils and products of the distillation of high temperature coal tar; benzoles into India soared to 56 kg, jumping by 37% on 2021 figures. Overall, imports, however, continue to indicate a sharp downturn.

In value terms, imports of oils and products of the distillation of high temperature coal tar; benzoles contracted remarkably to $480 in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 260% against the previous year. As a result, imports reached the peak of $673, and then shrank rapidly in the following year.

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

1. Japan (56.0 kg)

Source: IndexBox Market Intelligence Platform