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

Contents:

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

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

In 2022, the average import price for pitch; obtained from coal tar or from other mineral tarses amounted to $1,083 per ton, leveling off at the previous year. In general, the import price, however, posted a temperate increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 43% against the previous year. The import price peaked at $1,243 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,073 per ton), while the price for China totaled $1,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%).

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

The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $1,095 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price showed prominent growth. The growth pace was the most rapid in 2015 an increase of 87%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +10.6% per year.

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

In 2022, purchases abroad of pitch; obtained from coal tar or from other mineral tarses decreased by -10.2% to 484 kg, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 30%. As a result, imports reached the peak of 601 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of pitch; obtained from coal tar or from other mineral tarses reduced to $524 in 2022. Over the period under review, imports showed a perceptible decline. The growth pace was the most rapid in 2020 with an increase of 14%. As a result, imports reached the peak of $652. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Peru (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States563640578517-2.8%
Others10.012.07.07.0-11.2%
Total573652585524-2.9%

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

  1. United States (482.0 kg)

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

For the third consecutive year, Peru recorded decline in shipments abroad of pitch; obtained from coal tar or from other mineral tarses, which decreased by 0% to 21 kg in 2022. Overall, exports saw a sharp contraction. The smallest decline of -32.9% was in 2020.

In value terms, exports of pitch; obtained from coal tar or from other mineral tarses totaled $23 in 2022. Over the period under review, exports showed a sharp downturn. The smallest decline of -28.3% was in 2020.

Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Peru (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile60.043.023.023.0-27.4%
OthersN/AN/AN/AN/A0%
Total60.043.023.023.0-27.4%

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

  1. Chile (21.0 kg)

Source: IndexBox Market Intelligence Platform

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