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

Contents:

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

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

In 2022, the average import price for oils and products of the distillation of high temperature coal tar; naphthalenes amounted to $657 per ton, dropping by -5% against the previous year. In general, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 42%. As a result, import price reached the peak level of $1,439 per ton. From 2015 to 2022, the average 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 Ukraine ($1,244 per ton), while the price for China ($594 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.9%), 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; Naphthalene in Egypt (FOB) - 2022

In 2022, the average export price for oils and products of the distillation of high temperature coal tar; naphthalenes amounted to $644 per ton, declining by -3.7% against the previous year. Overall, the export price recorded a perceptible setback. The pace of growth appeared the most rapid in 2014 a decrease of -3.1% against the previous year. Over the period under review, the average export prices reached the peak figure at $947 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -6.3% per year.

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

In 2022, imports of oils and products of the distillation of high temperature coal tar; naphthalenes into Egypt soared to 42K tons, with an increase of 210% on 2021 figures. Over the period under review, imports posted significant growth. As a result, imports reached 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; naphthalenes skyrocketed to $28M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (37.9K tons)
2. Spain (1.9K tons)
3. Denmark (1.0K tons)
4. Ukraine (0.1K tons)

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

For the fourth year in a row, Egypt recorded growth in shipments abroad of oils and products of the distillation of high temperature coal tar; naphthalenes, which increased by 20% to 5.2K tons in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 20%. Over the period under review, the exports of oils and products of distillation of high temperature coal tar; naphthalenes reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of oils and products of the distillation of high temperature coal tar; naphthalenes skyrocketed to $3.4M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 16% against the previous year. 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.

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

1. United Arab Emirates (5.2K tons)

Source: IndexBox Market Intelligence Platform