Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in the UK - 2024

Contents:

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

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

The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $986 per ton in 2022, rising by 19% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 +27.0% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 34% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,096 per ton), while the price for the Netherlands ($860 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $1,145 per ton in 2022, rising by 26% against the previous year. In general, the export price showed prominent growth. The growth pace was the most rapid in 2018 when the average export price increased by 51% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($9,000 per ton), while the average price for exports to Greece ($609 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 France (+31.5%), 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 the UK

In 2022, the amount of pitch; obtained from coal tar or from other mineral tarses imported into the UK shrank significantly to 4.6K tons, with a decrease of -38.7% compared with the year before. Overall, imports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2021 when imports increased by 66% against the previous year.

In value terms, imports of pitch; obtained from coal tar or from other mineral tarses reduced sharply to $4.5M in 2022. In general, imports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year.

Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.81.41.91.91.8%
Belgium6.01.23.21.8-33.1%
Estonia0.60.40.40.4-12.6%
Denmark0.70.40.40.3-24.6%
Others0.20.10.20.20.0%
Total9.33.56.24.5-21.5%

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

  1. Netherlands (2153.5 tons)
  2. Belgium (1879.8 tons)
  3. Estonia (264.2 tons)
  4. Denmark (176.3 tons)

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

In 2022, the amount of pitch; obtained from coal tar or from other mineral tarses exported from the UK skyrocketed to 231 tons, growing by 803% on the previous year's figure. Overall, exports posted 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 skyrocketed to $265K in 2022. Over the period under review, exports enjoyed a significant expansion. 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 the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iceland1.11.76.271.7302.4%
Greece1.01.55.054.7279.6%
Canada1.21.65.254.6257.0%
Argentina0.40.62.431.1326.8%
Cameroon0.60.82.627.4257.4%
Spain0.20.31.113.7309.2%
Others0.30.30.911.7239.1%
Total4.76.823.3265283.5%

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

  1. Greece (89.8 tons)
  2. Iceland (67.2 tons)
  3. Canada (21.8 tons)
  4. Cameroon (18.2 tons)
  5. Argentina (17.3 tons)
  6. Spain (13.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Pitch; obtained from coal tar or from other mineral tars - United Kingdom