Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Bahrain - 2022

Contents:

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

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

The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $1,061 per ton in 2022, picking up by 69% against the previous year. Over the period under review, the import price posted resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,086 per ton), while the price for Belgium amounted to $226 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for pitch; obtained from coal tar or from other mineral tarses amounted to $349 per ton, surging by 1.8% against the previous year. Overall, the export price, however, continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2017 an increase of 23% against the previous year. The export price peaked at $554 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($362 per ton), while the average price for exports to India ($146 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 China (-2.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of pitch; obtained from coal tar or from other mineral tarses into Bahrain fell notably to 109K tons, reducing by -21.6% against 2021. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 103%. As a result, imports attained the peak of 139K tons, and then dropped remarkably in the following year.

In value terms, imports of pitch; obtained from coal tar or from other mineral tarses soared to $115M in 2022. Over the period under review, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 175%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China66.130.786.111520.3%
Belgium8.51.00.80.7-56.5%
Others0.1N/AN/AN/A0%
Total74.731.686.911515.5%

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

  1. China (105.5K tons)
  2. Belgium (3.2K tons)

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

In 2022, exports of pitch; obtained from coal tar or from other mineral tarses from Bahrain rose sharply to 104K tons, with an increase of 8% on 2021 figures. The total export volume increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 8%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, exports of pitch; obtained from coal tar or from other mineral tarses reached $36M in 2022. The total export value increased at an average annual rate of +9.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 9.9% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar25.228.231.334.811.4%
China1.71.51.21.0-16.2%
India0.30.30.40.410.1%
OthersN/AN/AN/AN/A0%
Total27.330.033.036.310.0%

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

  1. Qatar (96.0K tons)
  2. China (4.9K tons)
  3. India (2.9K tons)

Source: IndexBox Market Intelligence Platform

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