Nigeria - Oils And Other Products Of The Distillation Of High Temperature Coal Tar - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Oils from Coal Tar in Nigeria - 2022
Contents:
- Price for Oils from Coal Tar in Nigeria (CIF) - 2022
- Price for Oils from Coal Tar in Nigeria (FOB) - 2022
- Imports of Oils from Coal Tar in Nigeria
- Exports of Oils from Coal Tar in Nigeria
Price for Oils from Coal Tar in Nigeria (CIF) - 2022
In June 2022, the average oils from coal tar import price amounted to $1,558 per ton, with a decrease of -21.6% against the previous month. Overall, the import price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in November 2021 an increase of 75% against the previous month. Over the period under review, average import prices attained the peak figure at $2,043 per ton in June 2021; however, from July 2021 to June 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2022, the country with the highest price was India ($4,507 per ton), while the price for the UK ($1,103 per ton) was amongst the lowest.
From June 2021 to June 2022, the most notable rate of growth in terms of prices was attained by the United States (+42.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oils from Coal Tar in Nigeria (FOB) - 2022
The average oils from coal tar export price stood at $1,768 per ton in 2022, rising by 216% against the previous year. Overall, the export price showed perceptible growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($840 per ton), while the average price for exports to Belgium amounted to $221 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-5.1%), while the prices for the other major destinations experienced a decline.
Imports of Oils from Coal Tar in Nigeria
In 2022, oils from coal tar imports into Nigeria soared to 11K tons, picking up by 131% on 2021. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, oils from coal tar imports shrank notably to $4.9M in 2022. Over the period under review, imports, however, recorded a mild shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 22%.
Import of Oils from Coal Tar in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 1,153 | 1,231 | 507 | 710 | -14.9% |
South Korea | 738 | 852 | 203 | 670 | -3.2% |
Netherlands | 490 | 249 | 397 | 638 | 9.2% |
Belgium | 596 | 1,004 | 631 | 591 | -0.3% |
Estonia | 1,291 | 2,136 | 2,230 | 499 | -27.2% |
Germany | 135 | 222 | 144 | 388 | 42.2% |
Russia | 203 | 190 | 211 | 216 | 2.1% |
United States | 180 | 81.9 | 122 | 123 | -11.9% |
Others | 336 | 279 | 2,191 | 1,037 | 45.6% |
Total | 5,123 | 6,246 | 6,636 | 4,871 | -1.7% |
Top Suppliers of Oils from Coal Tar to Nigeria in 2022:
- Netherlands (0.6K tons)
- South Korea (0.6K tons)
- Estonia (0.5K tons)
- Germany (0.3K tons)
- Belgium (0.3K tons)
- Russia (0.2K tons)
- Spain (0.2K tons)
- United States (0.1K tons)
Exports of Oils from Coal Tar in Nigeria
After three years of growth, shipments abroad of oils and other products of the distillation of high temperature coal tar decreased by -71.2% to 31K tons in 2022. In general, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 8.7%. As a result, the exports reached the peak of 107K tons, and then declined markedly in the following year.
In value terms, oils from coal tar exports dropped to $54M in 2022. The total export value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. As a result, the exports attained the peak of $60M, and then contracted in the following year.
Export of Oils from Coal Tar in Nigeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 47.0 | 46.7 | 47.1 | 49.1 | 1.5% |
Others | 2.6 | 2.2 | 12.7 | 5.2 | 26.0% |
Total | 49.5 | 48.9 | 59.8 | 54.3 | 3.1% |
Top Export Markets for Oils from Coal Tar from Nigeria in 2022:
- Belgium (222.3K tons)
This report provides an in-depth analysis of the market for oils from coal tar in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20147320 - Benzol (benzene), toluol (toluene) and xylol (xylenes)
- Prodcom 20147340 - Naphthalene and other aromatic hydrocarbon mixtures (excluding benzole, toluole, xylole)
- Prodcom 20147360 - Phenols
- Prodcom 20147390 - Other oils and oil products, n.e.c.
Country coverage:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for oils from coal tar in Nigeria.
This report provides an in-depth analysis of the market for benzol, toluol and xylol in Nigeria.
This report provides an in-depth analysis of the aromatic hydrocarbon mixtures market in Nigeria.
This report provides an in-depth analysis of the market for phenols and other oils and oil products in Nigeria.
This report provides an in-depth analysis of the global market for oils from coal tar.
This report provides an in-depth analysis of the global market for benzol, toluol and xylol.
This report provides an in-depth analysis of the global aromatic hydrocarbon mixtures market.
This report provides an in-depth analysis of the global market for phenols and other oils and oil products.
This report provides an in-depth analysis of the market for oils from coal tar in Nigeria.
This report provides an in-depth analysis of the market for benzol, toluol and xylol in Nigeria.
Explore the top import markets for oils from coal tar, including the Netherlands, Belgium, and Ecuador. Get key statistics and data from the IndexBox market intelligence platform.
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
Explore the top import markets for oils from coal tar, including the Netherlands, Belgium, and Ecuador. Get key statistics and data from the IndexBox market intelligence platform.
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...