Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Hong Kong SAR - 2022

Contents:

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

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

The average import price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $932 per ton in 2022, with a decrease of -18.7% against the previous year. Overall, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 272% against the previous year. As a result, import price attained the peak level of $3,930 per ton. From 2018 to 2022, the average 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 the United States ($17,838 per ton), while the price for Papua New Guinea ($931 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+338.1%), 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 Hong Kong SAR (FOB) - 2022

In 2022, the average export price for oils and products of the distillation of high temperature coal tar; naphthalenes amounted to $1,887 per ton, which is down by -6.3% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 124%. The export price peaked at $5,156 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($23,411 per ton), while the average price for exports to Georgia ($185 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 Indonesia (+10.9%), while the prices for the other major destinations experienced a decline.

Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Hong Kong SAR

In 2022, approx. 9.9K tons of oils and products of the distillation of high temperature coal tar; naphthalenes were imported into Hong Kong SAR; jumping by 271% on the year before. Overall, imports saw a significant expansion. 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; naphthalenes surged to $9.2M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Papua New Guinea0.81.23.09.2125.7%
OthersN/AN/AN/AN/A0%
Total0.81.23.19.2125.7%

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

  1. Papua New Guinea (9.9K tons)

Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Hong Kong SAR

In 2022, overseas shipments of oils and products of the distillation of high temperature coal tar; naphthalenes increased by 3,583% to 16 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of oils and products of the distillation of high temperature coal tar; naphthalenes soared to $30K in 2022. In general, exports recorded a significant expansion. 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 Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1.10.90.715.4141.0%
New ZealandN/AN/AN/A10.70%
China0.40.30.23.197.9%
Georgia0.10.1N/A0.9108.0%
OthersN/AN/AN/AN/A0%
Total1.61.20.930.1166.0%

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

  1. China (6.8 tons)
  2. Georgia (4.8 tons)
  3. New Zealand (3.7 tons)
  4. Indonesia (0.7 tons)

Source: IndexBox Market Intelligence Platform

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