Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Thailand - 2024
Contents:
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Thailand (CIF) - 2024
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Thailand (FOB) - 2022
- Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Thailand
- Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Thailand
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Thailand (CIF) - 2024
The average import price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $619 per ton in January 2024, dropping by -24.3% against the previous month. In general, the import price recorded a noticeable decrease. The most prominent rate of growth was recorded in June 2023 an increase of 68% m-o-m. The import price peaked at $1,073 per ton in February 2023; however, from March 2023 to January 2024, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In January 2024, the country with the highest price was South Korea ($732 per ton), while the price for Australia ($508 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Thailand (FOB) - 2022
The average export price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $868 per ton in 2022, surging by 28% against the previous year. In general, export price indicated a notable expansion from 2013 to 2022: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for oils and products of the distillation of high temperature coal tar; naphthalenes increased by +61.7% against 2019 indices. The growth pace was the most rapid in 2016 an increase of 42% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Bangladesh.
From 2013 to 2022, the rate of growth in terms of prices for Bangladesh amounted to +4.3% per year.
Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Thailand
In 2022, the amount of oils and products of the distillation of high temperature coal tar; naphthalenes imported into Thailand surged to 8.6K tons, picking up by 28% against 2021. The total import volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 surged to $6.3M in 2022. Over the period under review, imports recorded a prominent expansion. As a result, imports attained 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 Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.5 | 2.9 | 3.1 | 4.9 | 11.9% |
| Japan | 0.3 | N/A | 0.1 | 0.6 | 26.0% |
| China | 0.1 | N/A | 0.7 | 0.5 | 71.0% |
| South Korea | N/A | N/A | N/A | 0.3 | 0% |
| Indonesia | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.1 | 3.1 | 3.9 | 6.3 | 15.4% |
Top Suppliers of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene to Thailand in 2022:
- Australia (7.3K tons)
- China (0.5K tons)
- Japan (0.4K tons)
- South Korea (0.4K tons)
Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Thailand
In 2022, overseas shipments of oils and products of the distillation of high temperature coal tar; naphthalenes decreased by -89.8% to 1.5 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 107%. As a result, the exports reached the peak of 15 tons, and then dropped remarkably in the following year.
In value terms, exports of oils and products of the distillation of high temperature coal tar; naphthalenes contracted significantly to $1.3K in 2022. In general, exports saw a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 123%.
| Export of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 2.4 | 1.4 | 0.7 | 1.3 | -18.5% |
| Myanmar | N/A | 3.2 | 9.2 | N/A | 187.5% |
| Others | N/A | 0.8 | 0.1 | N/A | -87.5% |
| Total | 2.4 | 5.4 | 10.0 | 1.3 | -18.5% |
Top Export Markets for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene from Thailand in 2022:
- Bangladesh (1.5 tons)
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