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

Contents:

  1. Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United States (CIF) - 2024
  2. Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United States (FOB) - 2024
  3. Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United States
  4. Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United States

Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United States (CIF) - 2024

The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $1,354 per ton in September 2023, remaining relatively unchanged against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 7.1% against the previous month. As a result, import price attained the peak level of $1,420 per ton; afterwards, it flattened through to September 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,981 per ton), while the price for Belgium ($1,297 per ton) was amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Canada (+1.3%), 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 the United States (FOB) - 2024

The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $1,340 per ton in September 2023, growing by 2.5% against the previous month. Over the period under review, the export price, however, continues to indicate a pronounced curtailment. Over the period under review, the average export prices attained the maximum at $1,607 per ton in June 2023; however, from July 2023 to September 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In September 2023, the country with the highest price was Canada ($1,341 per ton), while the average price for exports to Mexico stood at $1,320 per ton.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.8%).

Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United States

In 2022, approx. 94K tons of pitch; obtained from coal tar or from other mineral tarses were imported into the United States; falling by -21.2% compared with the year before. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 3%.

In value terms, imports of pitch; obtained from coal tar or from other mineral tarses skyrocketed to $116M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada87.966.775.791.71.4%
Spain7.82.66.212.717.6%
Germany7.84.74.04.4-17.4%
Czech Republic0.10.72.12.6196.2%
Mexico2.31.91.90.2-55.7%
Others2.22.14.44.325.0%
Total10878.794.21162.4%

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

  1. Canada (79.0K tons)
  2. Spain (7.2K tons)
  3. Germany (2.3K tons)
  4. Czech Republic (1.5K tons)
  5. Mexico (0.3K tons)

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

Exports of pitch; obtained from coal tar or from other mineral tarses from the United States shrank to 30K tons in 2022, with a decrease of -11.1% compared with the year before. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 78%. As a result, the exports attained the peak of 33K tons, and then declined in the following year.

In value terms, exports of pitch; obtained from coal tar or from other mineral tarses skyrocketed to $26M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.2% against 2020 indices. 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 United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada19.115.017.025.39.8%
Mexico0.10.60.90.344.2%
Others0.2N/A0.10.1-20.6%
Total19.515.718.025.79.6%

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

  1. Canada (29.4K tons)
  2. Mexico (0.3K tons)

Source: IndexBox Market Intelligence Platform

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