Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Morocco - 2022
Contents:
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Morocco (CIF) - 2022
- Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Morocco
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Morocco (CIF) - 2022
In 2022, the average import price for pitch; obtained from coal tar or from other mineral tarses amounted to $2,523 per ton, stabilizing at the previous year. Over the period under review, import price indicated a strong increase 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, import price for pitch; obtained from coal tar or from other mineral tarses decreased by -0.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 44%. Over the period under review, average import prices hit record highs at $2,526 per ton in 2019; afterwards, it flattened through to 2022.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +9.5% per year.
Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Morocco
In 2022, the amount of pitch; obtained from coal tar or from other mineral tarses imported into Morocco soared to 2.1 tons, picking up by 20% against the year before. In general, total imports indicated significant growth 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 +72.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 20%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, imports of pitch; obtained from coal tar or from other mineral tarses soared to $5.2K in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.9% 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 +72.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.0 | 3.6 | 4.3 | 5.2 | 20.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | 3.6 | 4.4 | 5.2 | 20.1% |
Top Suppliers of Pitch; Obtained from Coal Tar or from Other Mineral Tars to Morocco in 2022:
- Spain (2.1 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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