Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in South Korea - 2022

Contents:

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

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

The average export price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $536 per ton in December 2022, which is down by -8.7% against the previous month. Over the period under review, export price indicated modest growth from December 2021 to December 2022: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, export price for oils and products of the distillation of high temperature coal tar; naphthalenes increased by +10.4% against October 2022 indices. The pace of growth was the most pronounced in April 2022 when the average export price increased by 31% month-to-month. The export price peaked at $809 per ton in August 2022; however, from September 2022 to December 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($885 per ton), while the average price for exports to China ($341 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $625 per ton in 2022, growing by 5.2% against the previous year. Over the period under review, the import price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 22%. The import price peaked at $790 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 China ($12,354 per ton), while the price for Japan totaled $622 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.9%), while the prices for the other major suppliers experienced a decline.

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

Exports of oils and products of the distillation of high temperature coal tar; naphthalenes from South Korea fell to 11K tons in 2022, approximately equating the previous year. Over the period under review, exports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 16%.

In value terms, exports of oils and products of the distillation of high temperature coal tar; naphthalenes surged to $5.9M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Over the period under review, the exports of oils and products of distillation of high temperature coal tar; naphthalenes reached the peak figure in 2022 and are likely to see gradual growth in years to come.

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

1. India (4.5K tons)
2. China (3.0K tons)
3. United Arab Emirates (2.6K tons)
4. Thailand (0.4K tons)

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

In 2022, approx. 3.2K tons of oils and products of the distillation of high temperature coal tar; naphthalenes were imported into South Korea; jumping by 93% against the previous year's figure. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $2M in 2022. Over the period under review, total imports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 South Korea in 2022:

1. Japan (3.2K tons)

Source: IndexBox Market Intelligence Platform