Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Belgium - 2023
Contents:
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Belgium (FOB) - 2023
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Belgium (CIF) - 2023
- Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Belgium
- Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Belgium
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Belgium (FOB) - 2023
In September 2023, the average export price for pitch; obtained from coal tar or from other mineral tarses amounted to $1,287 per ton, waning by -1.7% against the previous month. In general, the export price recorded a mild decrease. The most prominent rate of growth was recorded in January 2023 an increase of 13% against the previous month. As a result, the export price attained the peak level of $1,646 per ton. From February 2023 to September 2023, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In September 2023, the country with the highest price was the UK ($1,528 per ton), while the average price for exports to Canada totaled $1,308 per ton.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (0.0%), while the prices for the other major destinations experienced a decline.
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Belgium (CIF) - 2023
The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $1,192 per ton in August 2023, almost unchanged from the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 17% m-o-m. As a result, import price reached the peak level of $1,479 per ton. From January 2023 to August 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From November 2022 to August 2023, the rate of growth in terms of prices for Germany amounted to -0.6% per month.
Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Belgium
In 2022, shipments abroad of pitch; obtained from coal tar or from other mineral tarses was finally on the rise to reach 196K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt contraction.
In value terms, exports of pitch; obtained from coal tar or from other mineral tarses surged to $237M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 73.1 | 74.5 | 104 | 100 | 11.0% |
France | 18.6 | 17.8 | 12.8 | 51.4 | 40.3% |
South Africa | 4.9 | 4.4 | 15.4 | 36.4 | 95.1% |
Norway | 30.0 | 14.6 | 10.1 | 35.5 | 5.8% |
United Kingdom | 15.6 | 4.9 | 7.2 | 13.5 | -4.7% |
United Arab Emirates | N/A | 18.2 | N/A | N/A | 0% |
Qatar | 25.6 | N/A | N/A | N/A | 0% |
Others | 3.4 | 0.2 | 0.1 | 0.2 | -61.1% |
Total | 171 | 135 | 149 | 237 | 11.5% |
Top Export Markets for Pitch; Obtained from Coal Tar or from Other Mineral Tars from Belgium in 2022:
- Netherlands (77.0K tons)
- France (42.3K tons)
- South Africa (34.3K tons)
- Norway (30.9K tons)
- United Kingdom (11.3K tons)
Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Belgium
In 2022, imports of pitch; obtained from coal tar or from other mineral tarses into Belgium dropped dramatically to 63K tons, with a decrease of -23.2% against the previous year. Overall, imports recorded a deep contraction. The smallest decline of -7.3% was in 2020.
In value terms, imports of pitch; obtained from coal tar or from other mineral tarses soared to $75M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | N/A | N/A | N/A | 37.7 | 0% |
China | 64.4 | 57.8 | N/A | 37.0 | -16.9% |
Taiwan (Chinese) | N/A | N/A | 52.7 | N/A | 0% |
Others | N/A | N/A | 0.5 | N/A | 0% |
Total | 64.4 | 57.8 | 53.2 | 74.7 | 5.1% |
Top Suppliers of Pitch; Obtained from Coal Tar or from Other Mineral Tars to Belgium in 2022:
- Brazil (31.5K tons)
- China (31.2K tons)
This report provides an in-depth analysis of the pitch market in Belgium.
Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
This report provides an in-depth analysis of the pitch market in Belgium.
Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
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