Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Spain - 2023

Contents:

  1. Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Spain (CIF) - 2023
  2. Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Spain

Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Spain (CIF) - 2023

In September 2023, the average import price for pitch; obtained from coal tar or from other mineral tarses amounted to $1,391 per ton, reducing by -12.5% against the previous month. In general, the import price recorded a noticeable curtailment. The pace of growth was the most pronounced in July 2023 when the average import price increased by 15% against the previous month. Over the period under review, average import prices hit record highs at $1,961 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From December 2022 to September 2023, the rate of growth in terms of prices for Germany amounted to -3.7% per month.

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

In 2022, approx. 5.1K tons of pitch; obtained from coal tar or from other mineral tarses were imported into Spain; reducing by -12.6% compared with the previous year. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 222% against the previous year. As a result, imports attained the peak of 5.8K tons, and then contracted in the following year.

In value terms, imports of pitch; obtained from coal tar or from other mineral tarses totaled $7.4M in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 247% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.81.66.24.434.7%
IndiaN/AN/AN/A2.40%
United StatesN/A0.51.10.50.0%
Poland0.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.22.17.37.449.8%

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

  1. Germany (3.4K tons)
  2. India (1.5K tons)
  3. United States (0.2K tons)

Source: IndexBox Market Intelligence Platform

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