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

Contents:

  1. Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Sri Lanka (CIF) - 2022
  2. Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Sri Lanka

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

In 2022, the average import price for pitch; obtained from coal tar or from other mineral tarses amounted to $1,769 per ton, increasing by 3.7% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 increased by +7.5% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by 19%. Over the period under review, average import prices hit record highs at $1,788 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 China.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +11.3% per year.

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

In 2022, approx. 4.4 tons of pitch; obtained from coal tar or from other mineral tarses were imported into Sri Lanka; growing by 16% against 2021 figures. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.4% 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 +74.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 30%. 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 surged to $7.7K in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% 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 +72.8% 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 Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A5.46.47.719.4%
Singapore4.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.55.46.47.719.6%

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

  1. China (4.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Pitch; obtained from coal tar or from other mineral tars - Sri Lanka