Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Canada - 2024

Contents:

  1. Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Canada (FOB) - 2022
  2. Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Canada

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

The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $1,187 per ton in 2022, rising by 54% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pitch; obtained from coal tar or from other mineral tarses increased by +68.1% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.1% per year.

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

Exports of pitch; obtained from coal tar or from other mineral tarses from Canada fell markedly to 79K tons in 2022, reducing by -22.3% compared with the previous year. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 2.6% against the previous year.

In value terms, exports of pitch; obtained from coal tar or from other mineral tarses soared to $94M in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States87.970.278.894.12.3%
OthersN/AN/AN/AN/A0%
Total87.970.278.894.12.3%

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

  1. United States (79.3K tons)

Source: IndexBox Market Intelligence Platform

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