Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Venezuela - 2022

Contents:

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

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

In 2022, the average import price for oils and products of the distillation of high temperature coal tar; toluoles amounted to $4,338 per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2013 an increase of 49%. Over the period under review, average import prices reached the maximum at $21,211 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -8.8% per year.

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

In 2022, the amount of oils and products of the distillation of high temperature coal tar; toluoles imported into Venezuela soared to 1.5 tons, picking up by 20% against 2021 figures. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 20%. Imports peaked in 2022 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; toluoles soared to $6.5K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 20% against the previous year. Over the period under review, imports of oils and products of distillation of high temperature coal tar; toluoles hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.74.55.46.520.7%
OthersN/AN/AN/AN/A0%
Total3.74.55.46.520.7%

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

  1. United States (1.5 tons)

Source: IndexBox Market Intelligence Platform

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