Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in South Africa - 2024
Contents:
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in South Africa (CIF) - 2024
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in South Africa (FOB) - 2022
- Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in South Africa
- Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in South Africa
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in South Africa (CIF) - 2024
The average import price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $607 per ton in January 2024, increasing by 1.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in December 2023 when the average import price increased by 16% month-to-month. The import price peaked in January 2024.
As there is only one major supplying country, the average price level is determined by prices for Tanzania.
From January 2023 to January 2024, the rate of growth in terms of prices for Tanzania amounted to +1.0% per month.
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in South Africa (FOB) - 2022
The average export price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $7,714 per ton in 2022, growing by 1,766% against the previous year. Over the period under review, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lesotho ($9,000 per ton), while the average price for exports to Swaziland stood at $7,200 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in South Africa
For the third consecutive year, South Africa recorded growth in purchases abroad of oils and products of the distillation of high temperature coal tar; naphthalenes, which increased by 8,044% to 16K tons in 2022. Overall, imports recorded 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 soared to $7.2M in 2022. 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.
| Import of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Tanzania | N/A | 0.1 | 3.8 | 3700.0% | |
| United Arab Emirates | N/A | N/A | 2.4 | 0% | |
| Bahrain | N/A | N/A | 0.9 | 0% | |
| Others | N/A | 0.1 | 0.1 | 0.0% | |
| Total | N/A | 0.1 | 7.2 | 7100.0% | |
Top Suppliers of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene to South Africa in 2022:
- Tanzania (8.3K tons)
- United Arab Emirates (5.3K tons)
- Bahrain (2.1K tons)
Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in South Africa
For the third year in a row, South Africa recorded decline in overseas shipments of oils and products of the distillation of high temperature coal tar; naphthalenes, which decreased by 99.9% to 14 kg in 2022. Overall, exports faced a sharp downturn. The smallest decline of -38.8% was in 2020.
In value terms, exports of oils and products of the distillation of high temperature coal tar; naphthalenes declined dramatically to $108 in 2022. Over the period under review, exports continue to indicate a sharp reduction. The smallest decline of -67.3% was in 2020.
| Export of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 16.2 | 2.7 | 0.2 | N/A | -88.9% |
| Lesotho | N/A | N/A | N/A | N/A | 0% |
| Swaziland | N/A | N/A | N/A | N/A | 0% |
| Malaysia | 1.5 | 1.2 | N/A | N/A | -20.0% |
| United Arab Emirates | 2.2 | 13.4 | 0.3 | N/A | -63.1% |
| Singapore | 8.1 | 0.8 | 0.1 | N/A | -88.9% |
| Netherlands | 2.2 | 1.9 | N/A | N/A | -13.6% |
| Others | 83.1 | 17.2 | 1.4 | N/A | -87.0% |
| Total | 113 | 37.1 | 2.1 | N/A | -86.4% |
Top Export Markets for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene from South Africa in 2022:
- Swaziland (10.0 kg)
- Lesotho (4.0 kg)
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