Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Hong Kong SAR - 2022
Contents:
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Hong Kong SAR (FOB) - 2022
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Hong Kong SAR (CIF) - 2022
- Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Hong Kong SAR
- Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Hong Kong SAR
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for pitch; obtained from coal tar or from other mineral tarses amounted to $740 per ton, waning by -3.7% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 47%. As a result, the export price reached the peak level of $769 per ton, and then shrank in the following year.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($751 per ton), while the average price for exports to the United States stood at $525 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (-0.8%).
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Hong Kong SAR (CIF) - 2022
The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $1,039 per ton in 2022, picking up by 127% against the previous year. In general, the import price continues to indicate tangible growth. The import price peaked at $1,506 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($2,866 per ton), while the price for China ($275 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-1.9%), while the prices for the other major suppliers experienced a decline.
Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Hong Kong SAR
In 2022, exports of pitch; obtained from coal tar or from other mineral tarses from Hong Kong SAR expanded modestly to 65 tons, increasing by 4.4% on the previous year's figure. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 99.9%. As a result, the exports reached the peak of 88 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of pitch; obtained from coal tar or from other mineral tarses amounted to $48K in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 100% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 20.7 | 25.5 | 28.4 | 46.4 | 30.9% |
| United States | 2.5 | 2.0 | 1.5 | 1.7 | -12.1% |
| Zimbabwe | N/A | N/A | 17.9 | N/A | 0% |
| India | N/A | 10.6 | N/A | N/A | 0% |
| Israel | N/A | 8.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 23.2 | 46.3 | 47.8 | 48.1 | 27.5% |
Top Export Markets for Pitch; Obtained from Coal Tar or from Other Mineral Tars from Hong Kong SAR in 2022:
- Macao SAR (61.8 tons)
- United States (3.2 tons)
Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Hong Kong SAR
In 2022, imports of pitch; obtained from coal tar or from other mineral tarses into Hong Kong SAR shrank rapidly to 6.2 tons, with a decrease of -79.6% against 2021 figures. In general, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 296%. As a result, imports reached the peak of 30 tons, and then dropped sharply in the following year.
In value terms, imports of pitch; obtained from coal tar or from other mineral tarses reduced rapidly to $6.5K in 2022. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 212% against the previous year. As a result, imports attained the peak of $14K, and then shrank markedly in the following year.
| Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1.9 | 1.0 | 3.2 | 3.9 | 27.1% |
| Japan | 3.1 | 0.9 | 2.3 | 2.2 | -10.8% |
| China | 2.8 | 2.6 | 8.5 | 0.4 | -47.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.8 | 4.5 | 14.0 | 6.5 | -5.9% |
Top Suppliers of Pitch; Obtained from Coal Tar or from Other Mineral Tars to Hong Kong SAR in 2022:
- Taiwan (Chinese) (4.0 tons)
- China (1.5 tons)
- Japan (0.8 tons)
459
Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
459
Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
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