Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Vietnam - 2022
Contents:
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Vietnam (FOB) - 2022
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Vietnam (CIF) - 2022
- Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Vietnam
- Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Vietnam
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Vietnam (FOB) - 2022
In 2022, the average export price for oils and products of the distillation of high temperature coal tar; benzoles amounted to $806 per ton, increasing by 32% against the previous year. Over the period under review, export price indicated a resilient increase from 2017 to 2022: its price increased at an average annual rate of +9.4% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for oils and products of the distillation of high temperature coal tar; benzoles increased by +88.1% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($806 per ton), while the average price for exports to China stood at $806 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+9.5%).
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Vietnam (CIF) - 2022
The average import price for oils and products of the distillation of high temperature coal tar; benzoles stood at $718 per ton in 2022, with an increase of 37% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The import price peaked at $984 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 ($1,057 per ton), while the price for China ($147 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+13.5%), while the prices for the other major suppliers experienced a decline.
Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Vietnam
In 2022, exports of oils and products of the distillation of high temperature coal tar; benzoles from Vietnam fell to 24K tons, shrinking by -8.5% compared with the previous year. Overall, exports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 74% against the previous year. As a result, the exports attained the peak of 26K tons, and then shrank in the following year.
In value terms, exports of oils and products of the distillation of high temperature coal tar; benzoles surged to $20M in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 105%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 9.9 | 6.1 | 10.7 | 18.1 | 22.3% |
| China | 1.3 | 1.8 | 5.5 | 1.4 | 2.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.2 | 7.9 | 16.2 | 19.5 | 20.3% |
Top Export Markets for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole from Vietnam in 2022:
- Taiwan (Chinese) (22.5K tons)
- China (1.7K tons)
Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Vietnam
Imports of oils and products of the distillation of high temperature coal tar; benzoles into Vietnam fell significantly to 1.4 tons in 2022, waning by -29.7% against the previous year. Over the period under review, imports recorded a precipitous shrinkage. The growth pace was the most rapid in 2021 when imports increased by 218%.
In value terms, imports of oils and products of the distillation of high temperature coal tar; benzoles dropped modestly to $999 in 2022. Overall, imports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 191% against the previous year.
| Import of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Vietnam (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,813 | 282 | 844 | 838 | -22.7% |
| Taiwan (Chinese) | 474 | 60.0 | 148 | 120 | -36.7% |
| China | 101 | 13.0 | 34.0 | 29.0 | -34.0% |
| United States | 42.0 | 2.0 | 11.0 | 9.0 | -40.2% |
| Others | 4.0 | 1.0 | 3.0 | 3.0 | -9.1% |
| Total | 2,434 | 358 | 1,040 | 999 | -25.7% |
Top Suppliers of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole to Vietnam in 2022:
- Japan (793.0 kg)
- Taiwan (Chinese) (352.0 kg)
- China (197.0 kg)
- United States (42.0 kg)
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