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

Contents:

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

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

The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $652 per ton in 2022, rising by 62% against the previous year. Over the period under review, the export price recorded a prominent expansion. The pace of growth appeared the most rapid in 2019 an increase of 86% against the previous year. As a result, the export price reached the peak level of $910 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($2,805 per ton), while the average price for exports to India stood at $548 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+31.9%).

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

The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $946 per ton in 2022, waning by -6.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 30% against the previous year. As a result, import price reached the peak level of $1,387 per ton. From 2017 to 2022, the average import prices remained at a somewhat 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 Netherlands ($1,439 per ton), while the price for the UK amounted to $550 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+36.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of pitch; obtained from coal tar or from other mineral tarses from Kuwait soared to 44 tons in 2022, growing by 148% on 2021 figures. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 349%. As a result, the exports attained the peak of 56 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of pitch; obtained from coal tar or from other mineral tarses surged to $29K in 2022. Overall, exports continue to indicate a significant expansion.

Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India7.17.96.723.148.2%
Iraq3.03.80.35.522.4%
QatarN/A32.1N/AN/A0%
Others1.10.30.20.3-35.2%
Total11.344.17.228.836.6%

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

  1. India (42.1 tons)
  2. Iraq (1.9 tons)

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

Imports of pitch; obtained from coal tar or from other mineral tarses into Kuwait reduced slightly to 13 tons in 2022, falling by -3.1% compared with the year before. Overall, imports recorded a pronounced shrinkage. The smallest decline of -3% was in 2021.

In value terms, imports of pitch; obtained from coal tar or from other mineral tarses shrank to $13K in 2022. In general, imports saw a abrupt downturn.

Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands9.49.28.98.5-3.3%
United Kingdom7.26.05.04.1-17.1%
OthersN/AN/AN/AN/A0%
Total16.715.213.812.6-9.0%

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

  1. United Kingdom (7.4 tons)
  2. Netherlands (5.9 tons)

Source: IndexBox Market Intelligence Platform

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