Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in the United States - 2023
Contents:
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in the United States (CIF) - 2022
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in the United States (FOB) - 2022
- Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in the United States
- Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in the United States
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in the United States (CIF) - 2022
The average import price for oils and products of the distillation of high temperature coal tar; benzoles stood at $1,002 per ton in 2022, jumping by 48% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 97%. The import price peaked at $1,136 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($1,351 per ton), while the price for Russia ($800 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+66.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in the United States (FOB) - 2022
The average export price for oils and products of the distillation of high temperature coal tar; benzoles stood at $2,039 per ton in 2022, surging by 30% against the previous year. Overall, the export price recorded a strong increase. The growth pace was the most rapid in 2020 an increase of 71%. The export price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($2,158 per ton), while the average price for exports to Japan ($1,658 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+10.8%).
Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in the United States
In 2022, approx. 115K tons of oils and products of the distillation of high temperature coal tar; benzoles were imported into the United States; picking up by 22% compared with the previous year's figure. Overall, imports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 31% against the previous year.
In value terms, imports of oils and products of the distillation of high temperature coal tar; benzoles skyrocketed to $115M in 2022. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 158% against the previous year. Over the period under review, imports of oils and products of distillation of high temperature coal tar; benzoles hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 24.9 | 19.8 | 47.3 | 41.5 | 18.6% |
| Japan | N/A | N/A | N/A | 40.7 | 0% |
| South Korea | 2.0 | N/A | N/A | 13.2 | 87.6% |
| United Kingdom | 10.4 | N/A | 7.7 | 8.2 | -7.6% |
| Denmark | N/A | N/A | N/A | 6.1 | 0% |
| Russia | N/A | 1.5 | N/A | 5.1 | 84.4% |
| Thailand | 6.0 | 0.9 | 2.5 | N/A | -35.5% |
| Singapore | 13.8 | N/A | N/A | N/A | 0% |
| Saudi Arabia | 10.5 | 2.4 | N/A | N/A | -77.1% |
| Brazil | 16.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 6.0 | N/A | 0% |
| Total | 83.7 | 24.6 | 63.5 | 115 | 11.2% |
Top Suppliers of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole to the United States in 2022:
- Canada (51.1K tons)
- Japan (30.1K tons)
- South Korea (11.8K tons)
- United Kingdom (8.2K tons)
- Denmark (7.0K tons)
- Russia (6.4K tons)
Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in the United States
For the third year in a row, the United States recorded decline in overseas shipments of oils and products of the distillation of high temperature coal tar; benzoles, which decreased by -50.5% to 15K tons in 2022. Overall, exports recorded a precipitous curtailment. The smallest decline of -33.9% was in 2021.
In value terms, exports of oils and products of the distillation of high temperature coal tar; benzoles dropped dramatically to $31M in 2022. Over the period under review, exports faced a precipitous slump. The smallest decline of -10.7% was in 2021.
| Export of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 67.9 | 38.9 | 29.5 | 20.0 | -33.5% |
| Netherlands | N/A | 2.7 | N/A | 8.7 | 79.5% |
| Japan | N/A | N/A | N/A | 2.2 | 0% |
| Peru | 10.0 | 10.7 | 1.4 | N/A | -62.6% |
| Taiwan (Chinese) | N/A | N/A | 8.7 | N/A | 0% |
| Others | 0.3 | 1.9 | 8.7 | 0.2 | -12.6% |
| Total | 78.2 | 54.2 | 48.4 | 31.1 | -26.5% |
Top Export Markets for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole from the United States in 2022:
- Canada (9.3K tons)
- Netherlands (4.5K tons)
- Japan (1.3K tons)
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