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

Contents:

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

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

In 2022, the average export price for oils and products of the distillation of high temperature coal tar; benzoles amounted to $669 per ton, with an increase of 8.5% against the previous year. Over the period under review, the export price, however, recorded a perceptible setback. The growth pace was the most rapid in 2013 when the average export price increased by 18% against the previous year. As a result, the export price attained the peak level of $1,149 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.7% per year.

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

In 2022, the average import price for oils and products of the distillation of high temperature coal tar; benzoles amounted to $242 per ton, declining by -16% against the previous year. Over the period under review, the import price showed a deep setback. The pace of growth appeared the most rapid in 2015 when the average import price increased by 25%. Over the period under review, average import prices reached the peak figure at $1,017 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -13.2% per year.

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

In 2022, exports of oils and products of the distillation of high temperature coal tar; benzoles from Venezuela contracted rapidly to 424 tons, reducing by -20% against the previous year. Overall, exports continue to indicate a sharp curtailment.

In value terms, exports of oils and products of the distillation of high temperature coal tar; benzoles declined to $283K in 2022. Over the period under review, exports faced a abrupt shrinkage.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States433376326283-13.2%
OthersN/AN/AN/AN/A0%
Total433376326283-13.2%

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

  1. United States (423.5 tons)

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

In 2022, the amount of oils and products of the distillation of high temperature coal tar; benzoles imported into Venezuela skyrocketed to 109 tons, with an increase of 18% against the year before. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.5% 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 +66.3% against 2019 indices. As a result, imports attained 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; benzoles reduced to $26K in 2022. Overall, imports, however, saw a relatively flat trend pattern. The smallest decline of -0.5% was in 2020.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States26.926.726.626.5-0.5%
OthersN/AN/AN/AN/A0%
Total26.926.726.626.5-0.5%

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

  1. United States (109.4 tons)

Source: IndexBox Market Intelligence Platform

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