Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in South Korea - 2022
Contents:
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in South Korea (CIF) - 2022
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in South Korea (FOB) - 2022
- Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in South Korea
- Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in South Korea
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in South Korea (CIF) - 2022
In December 2022, the average import price for oils and products of the distillation of high temperature coal tar; toluoles amounted to $767 per ton, declining by -12.8% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in June 2022 an increase of 763% m-o-m. As a result, import price reached the peak level of $8,483 per ton. From July 2022 to December 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From December 2021 to December 2022, the rate of growth in terms of prices for Japan amounted to +0.5% per month.
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in South Korea (FOB) - 2022
In 2022, the average export price for oils and products of the distillation of high temperature coal tar; toluoles amounted to $4,318 per ton, surging by 335% against the previous year. Over the period under review, the export price saw strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($22,889 per ton), while the average price for exports to Bangladesh ($1,426 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 China (+38.7%), 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; Toluole in South Korea
For the third year in a row, South Korea recorded decline in supplies from abroad of oils and products of the distillation of high temperature coal tar; toluoles, which decreased by -21.1% to 58K tons in 2022. In general, imports showed a abrupt contraction. The smallest decline of -2.7% was in 2021.
In value terms, imports of oils and products of the distillation of high temperature coal tar; toluoles rose slightly to $49M in 2022. Overall, total imports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +2.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 66% against the previous year. Over the period under review, imports of oils and products of distillation of high temperature coal tar; toluoles attained the maximum in 2022 and are likely to continue growth in years to come.
| Import of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 45.1 | 28.9 | 47.9 | 49.0 | 2.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 45.1 | 28.9 | 47.9 | 49.0 | 2.8% |
Top Suppliers of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole to South Korea in 2022:
- Japan (57.9K tons)
Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in South Korea
After three years of growth, shipments abroad of oils and products of the distillation of high temperature coal tar; toluoles decreased by -99.3% to 1.8 tons in 2022. Overall, exports continue to indicate a sharp setback. The growth pace was the most rapid in 2021 with an increase of 874%. As a result, the exports attained the peak of 278 tons, and then reduced rapidly in the following year.
In value terms, exports of oils and products of the distillation of high temperature coal tar; toluoles fell remarkably to $7.9K in 2022. In general, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 691% against the previous year. As a result, the exports reached the peak of $276K, and then contracted markedly in the following year.
| Export of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | N/A | 1.5 | N/A | 4.9 | 80.7% |
| Bangladesh | 0.4 | 0.3 | N/A | 2.2 | 76.5% |
| China | N/A | 0.5 | N/A | 0.7 | 18.3% |
| Nigeria | N/A | N/A | 214 | N/A | 0% |
| Syrian Arab Republic | N/A | 2.5 | N/A | N/A | 0% |
| Oman | 12.4 | 29.7 | 62.1 | N/A | 123.8% |
| Others | 3.1 | 0.4 | N/A | N/A | -87.1% |
| Total | 16.0 | 34.9 | 276 | 7.9 | -21.0% |
Top Export Markets for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole from South Korea in 2022:
- Bangladesh (1566.0 kg)
- Uzbekistan (216.0 kg)
- China (35.0 kg)
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