U.S. - Oils And Other Products Of The Distillation Of High Temperature Coal Tar - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 22, 2024

U.S. - Oils And Other Products Of The Distillation Of High Temperature Coal Tar - Market Analysis, Forecast, Size, Trends and Insights

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Price for Oils from Coal Tar in the United States - 2023

Contents:

  1. Price for Oils from Coal Tar in the United States (FOB) - 2023
  2. Price for Oils from Coal Tar in the United States (CIF) - 2023
  3. Exports of Oils from Coal Tar in the United States
  4. Imports of Oils from Coal Tar in the United States

Price for Oils from Coal Tar in the United States (FOB) - 2023

The average oils from coal tar export price stood at $797 per ton in September 2023, leveling off at the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 53% month-to-month. The export price peaked at $916 per ton in October 2022; however, from November 2022 to September 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Singapore ($3,238 per ton), while the average price for exports to Panama ($639 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Oils from Coal Tar in the United States (CIF) - 2023

The average oils from coal tar import price stood at $742 per ton in September 2023, increasing by 19% against the previous month. Overall, import price indicated a perceptible expansion from September 2022 to September 2023: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, oils from coal tar import price increased by +36.4% against July 2023 indices. The pace of growth was the most pronounced in November 2022 an increase of 90% month-to-month. Over the period under review, average import prices attained the peak figure in September 2023.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was South Korea ($2,348 per ton), while the price for Colombia ($414 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Oils from Coal Tar in the United States

In 2022, approx. 2.1M tons of oils and other products of the distillation of high temperature coal tar were exported from the United States; shrinking by -6.5% against 2021 figures. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 87%. As a result, the exports reached the peak of 2.3M tons, and then fell in the following year.

In value terms, oils from coal tar exports soared to $1.8B in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 99%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Oils from Coal Tar in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India28029868659928.9%
Thailand10911418726334.1%
Mexico35.459.298.419376.0%
Brazil35.632.064.513555.9%
Egypt47.010.645.310229.5%
Argentina1.410.358.483.9291.3%
Canada11563.069.072.1-14.4%
South Africa31.214.433.846.714.4%
Others2861101753294.8%
Total9417121,4171,82324.7%

Top Export Markets for Oils from Coal Tar from the United States in 2022:

  1. India (845.8K tons)
  2. Thailand (312.1K tons)
  3. Mexico (236.5K tons)
  4. Egypt (133.1K tons)
  5. Argentina (121.5K tons)
  6. Brazil (111.0K tons)
  7. South Africa (63.7K tons)
  8. Canada (42.5K tons)

Imports of Oils from Coal Tar in the United States

In 2022, the amount of oils and other products of the distillation of high temperature coal tar imported into the United States surged to 991K tons, with an increase of 49% on the previous year. In general, imports showed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, oils from coal tar imports soared to $834M in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 109% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Oils from Coal Tar in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada87.771.013018227.6%
Brazil30.42.937.574.835.0%
TurkeyN/A14.115.069.0121.2%
South Korea8.91.821.369.097.9%
Spain1.32.312.651.3240.5%
Belgium28.526.952.050.821.2%
Japan1.00.63.742.4248.7%
India0.90.30.539.7253.3%
Denmark27.418.417.930.84.0%
South Africa34.722.127.930.2-4.5%
Argentina7.46.410.823.947.8%
Netherlands24.217.244.022.7-2.1%
Mexico11.90.99.616.311.1%
Others83.438.784.313116.2%
Total34822446783433.8%

Top Suppliers of Oils from Coal Tar to the United States in 2022:

  1. Canada (244.0K tons)
  2. Brazil (130.3K tons)
  3. Belgium (73.0K tons)
  4. India (69.8K tons)
  5. Turkey (69.1K tons)
  6. South Korea (59.7K tons)
  7. Spain (58.0K tons)
  8. Denmark (43.8K tons)
  9. Japan (43.2K tons)
  10. South Africa (28.1K tons)
  11. Argentina (26.5K tons)
  12. Mexico (20.3K tons)
  13. Netherlands (19.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for oils from coal tar in the U.S.. 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:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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