Price for Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in China - 2023

Contents:

  1. Price for Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in China (CIF) - 2023
  2. Price for Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in China (FOB) - 2022
  3. Imports of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in China
  4. Exports of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in China

Price for Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in China (CIF) - 2023

In December 2023, the average import price for pitch coke; obtained from coal tar or from other mineral tarses amounted to $637 per ton, waning by -19.8% against the previous month. In general, the import price saw a pronounced descent. The pace of growth was the most pronounced in August 2023 when the average import price increased by 7.1% against the previous month. Over the period under review, average import prices reached the maximum at $1,114 per ton in December 2022; however, from January 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 South Korea ($733 per ton), while the price for Japan stood at $595 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by South Korea (-2.6%).

Price for Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in China (FOB) - 2022

In 2022, the average export price for pitch coke; obtained from coal tar or from other mineral tarses amounted to $923 per ton, increasing by 14% against the previous year. In general, the export price enjoyed a moderate increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 113%. As a result, the export price attained the peak level of $1,132 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($2,913 per ton), while the average price for exports to the United States ($553 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 Russia (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in China

In 2022, imports of pitch coke; obtained from coal tar or from other mineral tarses into China declined remarkably to 90K tons, falling by -27.8% compared with the previous year's figure. Overall, imports showed a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 228%. As a result, imports reached the peak of 124K tons, and then declined dramatically in the following year.

In value terms, imports of pitch coke; obtained from coal tar or from other mineral tarses declined modestly to $104M in 2022. Over the period under review, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 143%.

Import of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea97.729.257.260.0-15.0%
Japan59.413.847.141.8-11.1%
RussiaN/AN/AN/A0.80%
Others1.2N/A0.31.712.3%
Total15843.0105104-13.0%

Top Suppliers of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars to China in 2022:

  1. South Korea (52.5K tons)
  2. Japan (31.9K tons)
  3. Russia (4.0K tons)

Exports of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in China

In 2022, approx. 6.9K tons of pitch coke; obtained from coal tar or from other mineral tarses were exported from China; with a decrease of -41.3% against the previous year's figure. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 90%. As a result, the exports reached the peak of 12K tons, and then reduced dramatically in the following year.

In value terms, exports of pitch coke; obtained from coal tar or from other mineral tarses fell notably to $6.4M in 2022. Over the period under review, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 213% against the previous year. As a result, the exports reached the peak of $9.6M, and then reduced remarkably in the following year.

Export of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3572246801,74469.7%
Russia1,209N/AN/A1,4776.9%
India8714384,8049392.5%
Japan3,5127691,984873-37.1%
South Korea8787461,227608-11.5%
MexicoN/A22372043840.1%
Vietnam20.99.30.710269.6%
Others682651151190-34.7%
Total7,5313,0599,5666,371-5.4%

Top Export Markets for Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars from China in 2022:

  1. United States (3156.1 tons)
  2. Japan (1037.6 tons)
  3. South Korea (815.3 tons)
  4. India (519.5 tons)
  5. Russia (507.0 tons)
  6. Mexico (487.6 tons)
  7. Vietnam (164.5 tons)

Source: IndexBox Market Intelligence Platform

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