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

Contents:

  1. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in India (CIF) - 2023
  2. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in India (FOB) - 2023
  3. Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in India
  4. Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in India

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in India (CIF) - 2023

The average import price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $765 per ton in November 2023, remaining stable against the previous month. Overall, the import price, however, showed a pronounced slump. The most prominent rate of growth was recorded in July 2023 an increase of 15% month-to-month. The import price peaked at $1,009 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($1,137 per ton), while the price for South Korea ($688 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.4%), 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 India (FOB) - 2023

The average export price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $957 per ton in November 2023, surging by 2.7% against the previous month. Overall, the export price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 53% month-to-month. As a result, the export price reached the peak level of $1,116 per ton. From October 2023 to November 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($2,366 per ton), while the average price for exports to Nepal ($722 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of oils and products of the distillation of high temperature coal tar; naphthalenes into India contracted remarkably to 14K tons, waning by -35.5% against 2021. Overall, imports recorded a precipitous setback. The growth pace was the most rapid in 2021 when imports increased by 2.8% against the previous year.

In value terms, imports of oils and products of the distillation of high temperature coal tar; naphthalenes declined to $14M in 2022. Over the period under review, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark5.53.56.17.812.4%
South Korea2.11.43.34.024.0%
Indonesia0.2N/A1.41.386.6%
Germany0.70.50.50.6-5.0%
ChinaN/AN/A0.20.5150.0%
Russia2.63.11.20.1-66.2%
Kuwait18.2N/AN/AN/A0%
Australia1.30.40.3N/A-52.0%
Ukraine1.02.12.0N/A41.4%
Others0.70.80.50.1-47.7%
Total32.311.815.514.4-23.6%

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

  1. Denmark (6.6K tons)
  2. South Korea (4.9K tons)
  3. Indonesia (1.6K tons)
  4. Germany (0.5K tons)
  5. China (0.4K tons)
  6. Russia (0.1K tons)

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

For the fourth consecutive year, India recorded growth in overseas shipments of oils and products of the distillation of high temperature coal tar; naphthalenes, which increased by 42% to 5.2K tons in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 73%. Over the period under review, the exports of oils and products of distillation of high temperature coal tar; naphthalenes attained the maximum 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 soared to $6M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 136% 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 India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia6027191,8353,82885.3%
Egypt2483841,19199258.7%
Turkey35.0N/AN/A929198.3%
United Arab Emirates41.113915121974.7%
Others92.912038.620.4-39.7%
Total1,0201,3623,2155,98880.4%

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

  1. Saudi Arabia (3.3K tons)
  2. Egypt (0.9K tons)
  3. Turkey (0.8K tons)
  4. United Arab Emirates (0.2K tons)

Source: IndexBox Market Intelligence Platform

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