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

Contents:

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

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

The average export price for pitch coke; obtained from coal tar or from other mineral tarses stood at $2,476 per ton in 2022, surging by 189% against the previous year. Over the period under review, the export price saw a buoyant increase. 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 United States ($3,835 per ton), while the average price for exports to India ($819 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in the UK (CIF) - 2022

The average import price for pitch coke; obtained from coal tar or from other mineral tarses stood at $583 per ton in 2022, jumping by 71% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pitch coke; obtained from coal tar or from other mineral tarses increased by +105.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +8.7% per year.

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

Exports of pitch coke; obtained from coal tar or from other mineral tarses from the UK skyrocketed to 424 tons in 2022, picking up by 70% against the previous year's figure. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 107% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of pitch coke; obtained from coal tar or from other mineral tarses soared to $1M in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A51.6N/A827300.3%
Malaysia46.371.365.712539.2%
IndiaN/A47.210282.031.8%
ThailandN/A20.3N/AN/A0%
Germany94.039.917.9N/A-56.4%
SloveniaN/A17.9N/AN/A0%
OthersN/A1.328.015.1240.8%
Total1402492141,04995.7%

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

  1. United States (215.6 tons)
  2. Malaysia (105.0 tons)
  3. India (100.2 tons)

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

In 2022, overseas purchases of pitch coke; obtained from coal tar or from other mineral tarses decreased by -93.6% to 769 tons, falling for the second year in a row after two years of growth. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 15,837% against the previous year. As a result, imports reached the peak of 38K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of pitch coke; obtained from coal tar or from other mineral tarses contracted remarkably to $448K in 2022. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 9,951%. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South AfricaN/A1.71.50.4-51.5%
JapanN/A2.8N/AN/A0%
United StatesN/A6.22.5N/A-59.7%
Others0.1N/A0.1N/A0.0%
Total0.110.74.10.458.7%

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

  1. South Africa (768.5 tons)

Source: IndexBox Market Intelligence Platform

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