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

Contents:

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

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

The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $1,453 per ton in 2022, shrinking by -1.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 52%. The import price peaked at $1,678 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 the United Arab Emirates ($2,278 per ton), while the price for Turkey ($816 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for pitch; obtained from coal tar or from other mineral tarses amounted to $687 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, recorded a mild setback. The most prominent rate of growth was recorded in 2014 an increase of 32% against the previous year. As a result, the export price reached the peak level of $1,228 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Palestine ($10,914 per ton), while the average price for exports to Iraq stood at $363 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+14.0%).

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

After two years of decline, purchases abroad of pitch; obtained from coal tar or from other mineral tarses increased by 13% to 32 tons in 2022. Over the period under review, imports, however, continue to indicate a precipitous decline.

In value terms, imports of pitch; obtained from coal tar or from other mineral tarses rose markedly to $47K in 2022. Overall, imports, however, continue to indicate a significant curtailment.

Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates98.540.417.916.8-44.5%
South Korea5.411.89.514.739.6%
India50.725.77.910.1-41.6%
Netherlands10.07.36.45.1-20.1%
Turkey1.31.00.70.4-32.5%
Others2.8N/AN/AN/A0%
Total16986.142.547.2-34.6%

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

  1. South Korea (13.8 tons)
  2. United Arab Emirates (7.4 tons)
  3. India (7.2 tons)
  4. Netherlands (3.6 tons)
  5. Turkey (0.5 tons)

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

For the third year in a row, Jordan recorded decline in shipments abroad of pitch; obtained from coal tar or from other mineral tarses, which decreased by -19.8% to 9.1 tons in 2022. In general, exports recorded a deep contraction. The smallest decline of -9.9% was in 2020.

In value terms, exports of pitch; obtained from coal tar or from other mineral tarses shrank remarkably to $6.2K in 2022. Overall, exports saw a deep reduction. The smallest decline of -2.5% was in 2020.

Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq5.65.44.13.2-17.0%
Palestine4.24.23.63.0-10.6%
OthersN/AN/AN/AN/A0%
Total9.89.67.76.2-14.2%

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

  1. Iraq (8.8 tons)
  2. Palestine (0.3 tons)

Source: IndexBox Market Intelligence Platform

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