Eastern Europe: Market for Oils And Other Products Of The Distillation Of High Temperature Coal Tar 2024

Market Size for Oils And Other Products Of The Distillation Of High Temperature Coal Tar in Eastern Europe

After two years of growth, the East European oils from coal tar market decreased by X% to $X in 2022. Over the period under review, consumption, however, saw a deep slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Oils And Other Products Of The Distillation Of High Temperature Coal Tar in Eastern Europe

In value terms, oils from coal tar production contracted to $X in 2022 estimated in export price. Overall, production showed a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Oils And Other Products Of The Distillation Of High Temperature Coal Tar

Exports in Eastern Europe

In 2022, overseas shipments of oils and other products of the distillation of high temperature coal tar decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021, and then contracted significantly in the following year.

In value terms, oils from coal tar exports fell significantly to $X in 2022. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell remarkably in the following year.

Exports by Country

Russia was the largest exporting country with an export of around X tons, which finished at X% of total exports. Estonia (X tons) held the second position in the ranking, followed by Poland (X tons) and Bulgaria (X tons). All these countries together took approx. X% share of total exports. The following exporters - Belarus (X tons), Slovakia (X tons) and Hungary (X tons) - together made up X% of total exports.

Exports from Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Bulgaria (X%), Estonia (X%), Poland (X%), Hungary (X%), Slovakia (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Russia, Estonia, Bulgaria and Poland increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest oils from coal tar supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Estonia ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

In Russia, oils from coal tar exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Estonia (X% per year) and Poland (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced a decline in the export price figures.

Imports of Oils And Other Products Of The Distillation Of High Temperature Coal Tar

Imports in Eastern Europe

After two years of growth, purchases abroad of oils and other products of the distillation of high temperature coal tar decreased by X% to X tons in 2022. In general, imports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021, and then shrank rapidly in the following year.

In value terms, oils from coal tar imports dropped remarkably to $X in 2022. Overall, imports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then reduced remarkably in the following year.

Imports by Country

Estonia was the major importing country with an import of about X tons, which amounted to X% of total imports. Poland (X tons) took the second position in the ranking, followed by Hungary (X tons), Lithuania (X tons) and Bulgaria (X tons). All these countries together held near X% share of total imports. Romania (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to oils from coal tar imports into Estonia stood at X%. At the same time, Lithuania (X%), Romania (X%), the Czech Republic (X%), Hungary (X%), Bulgaria (X%) and Poland (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Estonia, Lithuania and Romania increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Estonia ($X) constitutes the largest market for imported oils and other products of the distillation of high temperature coal tar in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by Lithuania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Estonia stood at X%. In the other countries, the average annual rates were as follows: Poland (X% per year) and Lithuania (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, showed a slight reduction. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Lithuania ($X per ton), while Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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