Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in South Africa - 2024
Contents:
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in South Africa (CIF) - 2024
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in South Africa (FOB) - 2022
- Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in South Africa
- Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in South Africa
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in South Africa (CIF) - 2024
The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $1,254 per ton in July 2023, falling by -3.4% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 95% month-to-month. The import price peaked at $1,389 per ton in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($1,293 per ton), while the price for Zimbabwe stood at $610 per ton.
From February 2023 to July 2023, the most notable rate of growth in terms of prices was attained by Zimbabwe (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in South Africa (FOB) - 2022
The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $753 per ton in 2022, declining by -37.3% against the previous year. Over the period under review, the export price recorded a slight downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 176%. Over the period under review, the average export prices reached the peak figure at $2,432 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($1,185 per ton), while the average price for exports to Democratic Republic of the Congo ($615 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in South Africa
For the fourth consecutive year, South Africa recorded growth in supplies from abroad of pitch; obtained from coal tar or from other mineral tarses, which increased by 2.3% to 53K tons in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of pitch; obtained from coal tar or from other mineral tarses skyrocketed to $71M in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 117% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.3 | 8.1 | 15.2 | 34.8 | 61.3% |
South Korea | 7.6 | 11.1 | 17.1 | 24.6 | 47.9% |
Belgium | 2.6 | 2.4 | 12.8 | 11.6 | 64.6% |
Zimbabwe | N/A | N/A | N/A | 0.4 | 0% |
Denmark | 1.8 | N/A | N/A | N/A | 0% |
Australia | N/A | N/A | 1.5 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 20.3 | 21.5 | 46.7 | 71.4 | 52.1% |
Top Suppliers of Pitch; Obtained from Coal Tar or from Other Mineral Tars to South Africa in 2022:
- China (25.3K tons)
- South Korea (18.7K tons)
- Belgium (8.6K tons)
- Zimbabwe (0.9K tons)
Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in South Africa
For the fourth year in a row, South Africa recorded growth in shipments abroad of pitch; obtained from coal tar or from other mineral tarses, which increased by 1,855% to 107 tons in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of pitch; obtained from coal tar or from other mineral tarses soared to $81K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ghana | N/A | N/A | N/A | 58.0 | 0% |
Botswana | N/A | 0.9 | N/A | 12.5 | 272.7% |
Democratic Republic of the Congo | N/A | N/A | 1.2 | 5.6 | 366.7% |
Zimbabwe | N/A | 2.0 | 0.4 | 4.5 | 50.0% |
Others | 2.7 | 4.4 | 4.9 | N/A | 34.7% |
Total | 2.7 | 7.3 | 6.6 | 80.6 | 210.2% |
Top Export Markets for Pitch; Obtained from Coal Tar or from Other Mineral Tars from South Africa in 2022:
- Ghana (83.2 tons)
- Botswana (10.5 tons)
- Democratic Republic of the Congo (9.0 tons)
- Zimbabwe (4.2 tons)
This report provides an in-depth analysis of the pitch market in South Africa.
Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
This report provides an in-depth analysis of the pitch market in South Africa.
Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
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