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

Contents:

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

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

The average export price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $996 per ton in 2022, surging by 22% against the previous year. In general, the export price posted a slight increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 85% against the previous year. The export price peaked at $1,036 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($1,000 per ton), while the average price for exports to India ($803 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 Egypt (+22.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for oils and products of the distillation of high temperature coal tar; naphthalenes amounted to $555 per ton, growing by 38% against the previous year. Overall, the import price, however, saw a slight setback. The import price peaked at $855 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($565 per ton), while the price for South Korea stood at $505 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Exports of oils and products of the distillation of high temperature coal tar; naphthalenes from China surged to 12K tons in 2022, increasing by 69% against the previous year's figure. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,130%. Over the period under review, the exports of oils and products of distillation of high temperature coal tar; naphthalenes hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of oils and products of the distillation of high temperature coal tar; naphthalenes skyrocketed to $12M in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 2,172% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/A5.710.278.9%
Saudi ArabiaN/AN/AN/A2.00%
IndiaN/AN/A0.30.2-33.3%
South KoreaN/A0.3N/AN/A0%
Others0.1N/AN/AN/A0%
Total0.10.36.012.4398.7%

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

  1. Egypt (10.2K tons)
  2. Saudi Arabia (2.0K tons)
  3. India (0.3K tons)

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

For the third consecutive year, China recorded decline in overseas purchases of oils and products of the distillation of high temperature coal tar; naphthalenes, which decreased by -9.2% to 15K tons in 2022. Overall, imports recorded a deep slump. The smallest decline of -5.2% was in 2020.

In value terms, imports of oils and products of the distillation of high temperature coal tar; naphthalenes surged to $8.5M in 2022. Over the period under review, imports continue to indicate a abrupt curtailment.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan12.38.06.47.1-16.7%
South Korea0.51.4N/A1.440.9%
AustraliaN/A0.70.4N/A-42.9%
OthersN/A0.1N/AN/A0%
Total12.810.26.88.5-12.8%

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

  1. Japan (12.6K tons)
  2. South Korea (2.7K tons)

Source: IndexBox Market Intelligence Platform

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