Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Australia - 2024

Contents:

  1. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Australia (CIF) - 2024
  2. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Australia (FOB) - 2022
  3. Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Australia
  4. Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Australia

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Australia (CIF) - 2024

The average import price for oils and products of the distillation of high temperature coal tar; toluoles stood at $1,013 per ton in January 2024, therefore, remained relatively stable against the previous month. Over the period under review, the import price saw a sharp reduction. As a result, import price reached the peak level of $9,346 per ton. From August 2023 to January 2024, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for South Korea.

From July 2023 to January 2024, the rate of growth in terms of prices for South Korea amounted to -4.7% per month.

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Australia (FOB) - 2022

In 2022, the average export price for oils and products of the distillation of high temperature coal tar; toluoles amounted to $2,405 per ton, growing by 7% against the previous year. Overall, the export price recorded a temperate increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 71% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,835 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($3,837 per ton), while the average price for exports to Papua New Guinea stood at $1,755 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mongolia (+53.2%), 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; Toluole in Australia

In 2022, approx. 4.3 tons of oils and products of the distillation of high temperature coal tar; toluoles were imported into Australia; increasing by 59% against the previous year. Over the period under review, imports, however, recorded a abrupt decrease.

In value terms, imports of oils and products of the distillation of high temperature coal tar; toluoles soared to $21K in 2022. Overall, imports recorded a significant increase. 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; Toluole in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.00.70.919.1167.3%
United States0.60.10.21.741.5%
South Korea5.02.02.0N/A-36.8%
OthersN/AN/AN/AN/A0%
Total6.62.83.120.846.6%

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

  1. India (2.5 tons)
  2. United States (1.8 tons)

Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Australia

In 2022, the amount of oils and products of the distillation of high temperature coal tar; toluoles exported from Australia soared to 16 tons, increasing by 383% against 2021 figures. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of oils and products of the distillation of high temperature coal tar; toluoles soared to $38K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Papua New Guinea3.00.14.019.586.6%
Fiji2.40.33.117.593.9%
MalaysiaN/A6.0N/AN/A0%
Others0.20.10.20.965.1%
Total5.56.47.337.990.3%

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

  1. Papua New Guinea (11.1 tons)
  2. Fiji (4.6 tons)

Source: IndexBox Market Intelligence Platform

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