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

Contents:

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

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

The average import price for oils and products of the distillation of high temperature coal tar; xyloles stood at $370 per ton in December 2023, shrinking by -29.3% against the previous month. Over the period under review, import price indicated a mild increase from December 2022 to December 2023: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for oils and products of the distillation of high temperature coal tar; xyloles decreased by -40.0% against October 2023 indices. The pace of growth was the most pronounced in October 2023 when the average import price increased by 67% against the previous month. The import price peaked at $726 per ton in March 2023; however, from April 2023 to December 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Japan ($369 per ton), while the price for Colombia totaled $369 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for oils and products of the distillation of high temperature coal tar; xyloles stood at $1,565 per ton in 2022, rising by 4% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for oils and products of the distillation of high temperature coal tar; xyloles increased by +111.4% against 2016 indices. The most prominent rate of growth was recorded in 2020 an increase of 35%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

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 Costa Rica ($8,180 per ton), while the average price for exports to Taiwan (Chinese) ($888 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 Costa Rica (+20.3%), 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; Xylole in the United States

For the fourth consecutive year, the United States recorded growth in purchases abroad of oils and products of the distillation of high temperature coal tar; xyloles, which increased by 1,118% to 953K tons in 2022. Overall, imports posted significant growth. As a result, imports reached the peak 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; xyloles skyrocketed to $410M in 2022. In general, imports enjoyed a significant increase. As a result, imports reached 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; Xylole to the United States in 2022:

1. South Korea (616.7K tons)
2. Taiwan (Chinese) (164.7K tons)
3. Germany (57.0K tons)
4. Belgium (47.8K tons)
5. Netherlands (46.0K tons)

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

In 2022, approx. 59K tons of oils and products of the distillation of high temperature coal tar; xyloles were exported from the United States; increasing by 48% compared with 2021 figures. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.8% against 2020 indices. As a result, the exports reached 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; xyloles soared to $92M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Mexico (37.6K tons)
2. Canada (11.9K tons)
3. Guatemala (1.9K tons)
4. Peru (1.7K tons)
5. Costa Rica (1.6K tons)

Source: IndexBox Market Intelligence Platform