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

Contents:

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

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

The average import price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $631 per ton in 2022, waning by -6.7% against the previous year. Overall, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 18% against the previous year. Over the period under review, average import prices attained the peak figure at $972 per ton in 2012; however, from 2013 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 Germany ($793 per ton), while the price for Canada ($417 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $1,330 per ton in 2022, picking up by 74% against the previous year. Over the period under review, the export price saw resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +7.2% per year.

Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Belgium

In 2022, approx. 34K tons of oils and products of the distillation of high temperature coal tar; naphthalenes were imported into Belgium; which is down by -66.7% compared with 2021. Overall, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 436%. As a result, imports attained the peak of 102K tons, and then declined notably in the following year.

In value terms, imports of oils and products of the distillation of high temperature coal tar; naphthalenes fell sharply to $21M in 2022. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 506% against the previous year. As a result, imports attained the peak of $69M, and then plummeted in the following year.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.28.752.915.428.8%
Canada1.80.63.06.150.2%
United Kingdom2.3N/AN/AN/A0%
PolandN/AN/A9.0N/A0%
DenmarkN/AN/A2.9N/A0%
NetherlandsN/A2.1N/AN/A0%
OthersN/AN/A1.5N/A0%
Total11.311.469.321.523.9%

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

  1. Germany (19.4K tons)
  2. Canada (14.6K tons)

Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Belgium

In 2022, the amount of oils and products of the distillation of high temperature coal tar; naphthalenes exported from Belgium surged to 1.7K tons, increasing by 338% compared with 2021. Over the period under review, exports, however, continue to indicate a deep setback.

In value terms, exports of oils and products of the distillation of high temperature coal tar; naphthalenes surged to $2.2M in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.01.30.32.230.1%
OthersN/AN/AN/AN/A0%
Total1.01.30.32.230.1%

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

  1. Germany (1658.9 tons)

Source: IndexBox Market Intelligence Platform

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