Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in the Philippines - 2023

Contents:

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

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

In 2022, the average import price for oils and products of the distillation of high temperature coal tar; toluoles amounted to $96,667 per ton, rising by 11,041% against the previous year. Over the period under review, the import price posted a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to -3.1% per year.

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

In 2022, the average export price for oils and products of the distillation of high temperature coal tar; toluoles amounted to $207 per ton, which is down by -19.5% against the previous year. Over the period under review, the export price faced a abrupt curtailment. The pace of growth was the most pronounced in 2013 when the average export price increased by 89%. As a result, the export price attained the peak level of $1,457 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -15.0% per year.

Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in the Philippines

For the third consecutive year, the Philippines recorded decline in supplies from abroad of oils and products of the distillation of high temperature coal tar; toluoles, which decreased by -98.9% to 9 kg in 2022. In general, imports showed a dramatic slump. The smallest decline of -20% was in 2020.

In value terms, imports of oils and products of the distillation of high temperature coal tar; toluoles soared to $870 in 2022. Over the period under review, imports saw a abrupt curtailment.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in the Philippines (USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A8700%
Taiwan (Chinese)153140128N/A-8.5%
South Korea912712554N/A-22.1%
OthersN/AN/AN/AN/A0%
Total1,065852682870-6.5%

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

  1. Japan (9.0 kg)

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

In 2022, the amount of oils and products of the distillation of high temperature coal tar; toluoles exported from the Philippines amounted to 5.9K tons, surging by 2.8% compared with the previous year. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 2.8% against the previous year. Over the period under review, the exports of oils and products of distillation of high temperature coal tar; toluoles attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of oils and products of the distillation of high temperature coal tar; toluoles declined significantly to $1.2M in 2022. In general, exports, however, continue to indicate a deep setback. The smallest decline of -17.3% was in 2020.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.21.81.51.2-18.3%
OthersN/AN/AN/AN/A0%
Total2.21.81.51.2-18.3%

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

  1. China (5.9K tons)

Source: IndexBox Market Intelligence Platform

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