Asia: Pitch Market 2020

Pitch Market Size in Asia

The revenue of the pitch market in Asia amounted to $X in 2017, rising by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2017, with an increase of X% against the previous year. The level of pitch consumption peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Pitch Production in Asia

In 2017, production of pitch and pitch coke in Asia totaled X tons, rising by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2017, when it surged by X% against the previous year. In that year, the pitch production attained their peak volume, and is likely to continue its growth in the immediate term.

Pitch Exports in Asia

In 2017, exports of pitch and pitch coke in Asia amounted to X tons, picking up by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. In that year, the pitch exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, pitch exports totaled $X in 2017. The total exports indicated a measured expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Pitch Exports by Country in Asia

China was the key exporting country with an export of around X tons, which reached X% of total exports. Japan (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Taiwan, Chinese (X%). South Korea (X tons), Kuwait (X tons) and Kazakhstan (X tons) occupied the minor share of total exports.

From 2007 to 2017, average annual rates of growth with regard to pitch exports from China stood at +X%. At the same time, South Korea (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. Taiwan, Chinese experienced a relatively flat trend pattern. By contrast, Kuwait (-X%), Japan (-X%) and Kazakhstan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Japan and Kazakhstan increased by X% and X% percentage points, while South Korea (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest pitch supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by Taiwan, Chinese, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-X% per year) and Taiwan, Chinese (+X% per year).

Pitch Export Prices by Country in Asia

The pitch export price in Asia stood at $X per ton in 2017, rising by X% against the previous year. The pitch export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, when the export prices increased by X% against the previous year. The level of export price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Kuwait ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Pitch Imports in Asia

In 2017, approx. X tons of pitch and pitch coke were imported in Asia; shrinking by -X% against the previous year. The pitch imports continue to indicate a conspicuous growth. The growth pace was the most rapid in 2014, when imports increased by X% against the previous year. In that year, the pitch imports reached their peak volume of X tons. From 2015 to 2017, growth of the pitch imports stood at a somewhat lower level.

In value terms, pitch imports totaled $X in 2017. The total imports indicated a significant expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Pitch Imports by Country in Asia

In 2017, the United Arab Emirates (X tons), distantly followed by Bahrain (X tons), India (X tons), Oman (X tons), Saudi Arabia (X tons), Qatar (X tons) and Japan (X tons) were the largest importers of pitch and pitch coke, together committing X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest pitch markets worldwide were Bahrain ($X), the United Arab Emirates ($X) and India ($X), together accounting for X% of total imports. These countries were followed by Qatar, Oman, Saudi Arabia and Japan, which together accounted for a further X%.

Among the main importing countries , Saudi Arabia (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Pitch Import Prices by Country in Asia

The pitch import price in Asia stood at $X per ton in 2017, coming up by X% against the previous year. The pitch import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. In that year, the import prices for pitch and pitch coke attained their peak level of $X per ton. From 2009 to 2017, growth of the import prices for pitch and pitch coke stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Qatar ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Qatar (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform