Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ethiopia - 2022
Contents:
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ethiopia (CIF) - 2022
- Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ethiopia
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ethiopia (CIF) - 2022
The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $1,603 per ton in 2022, approximately reflecting the previous year. In general, the import price, however, showed notable growth. The pace of growth was the most pronounced in 2019 an increase of 87% against the previous year. Over the period under review, average import prices reached the peak figure at $2,500 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.5% per year.
Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ethiopia
Imports of pitch; obtained from coal tar or from other mineral tarses into Ethiopia surged to 1.5 tons in 2022, jumping by 20% against the previous year. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of pitch; obtained from coal tar or from other mineral tarses soared to $2.5K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.4 | 1.7 | 2.1 | 2.5 | 21.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.4 | 1.7 | 2.1 | 2.5 | 21.3% |
Top Suppliers of Pitch; Obtained from Coal Tar or from Other Mineral Tars to Ethiopia in 2022:
- China (1.5 tons)
Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
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