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

Contents:

1. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in the United States (CIF) - 2023
2. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in the United States (FOB) - 2022
3. Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in the United States
4. Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in the United States

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

In December 2023, the average import price for oils and products of the distillation of high temperature coal tar; naphthalenes amounted to $889 per ton, growing by 12% against the previous month. Over the period under review, the import price, however, saw a abrupt contraction. The pace of growth appeared the most rapid in July 2023 an increase of 33% against the previous month. Over the period under review, average import prices reached the peak figure at $1,665 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Canada ($969 per ton), while the price for Denmark ($711 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $1,517 per ton in 2022, growing by 24% against the previous year. Overall, the export price continues to indicate a pronounced increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 165% against the previous year. The export price peaked at $4,604 per ton in 2019; however, from 2020 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 Mexico ($3,423 per ton), while the average price for exports to Canada ($984 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 Hong Kong SAR (+28.6%), 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 the United States

In 2022, purchases abroad of oils and products of the distillation of high temperature coal tar; naphthalenes decreased by -23.9% to 6.1K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 2% against the previous year. As a result, imports attained the peak of 11K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of oils and products of the distillation of high temperature coal tar; naphthalenes surged to $9.6M in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained 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 the United States in 2022:

1. Canada (3.0K tons)
2. Spain (2.6K tons)
3. Czech Republic (0.4K tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of oils and products of the distillation of high temperature coal tar; naphthalenes, when their volume decreased by -66.7% to 157 tons. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 224%. As a result, the exports reached the peak of 471 tons, and then declined remarkably in the following year.

In value terms, exports of oils and products of the distillation of high temperature coal tar; naphthalenes declined rapidly to $238K in 2022. Overall, exports recorded a dramatic shrinkage. The growth pace was the most rapid in 2021 when exports increased by 38% against the previous year. As a result, the exports reached the peak of $574K, and then declined remarkably in the following year.

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

1. Canada (118.6 tons)
2. Mexico (22.2 tons)
3. Venezuela (7.9 tons)
4. United Arab Emirates (4.6 tons)
5. Vietnam (3.3 tons)

Source: IndexBox Market Intelligence Platform