
Luxembourg - Oils and Other Products of the Distillation of High Temperature Coal Tar - Market Analysis, Forecast, Size, Trends and Insights
Luxembourg: Market for Oils And Other Products Of The Distillation Of High Temperature Coal Tar 2023
Market Size for Oils And Other Products Of The Distillation Of High Temperature Coal Tar in Luxembourg
The Luxembourg oils from coal tar market dropped slightly to $X in 2021, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.
Exports of Oils And Other Products Of The Distillation Of High Temperature Coal Tar
Exports from Luxembourg
In 2021, overseas shipments of oils and other products of the distillation of high temperature coal tar decreased by -26.4% to X kg, falling for the second year in a row after two years of growth. Over the period under review, exports saw a sharp downturn. The pace of growth was the most pronounced in 2019 with an increase of 217% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.
In value terms, oils from coal tar exports declined to $X in 2021. In general, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2019 with an increase of 158% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
Exports by Country
Belgium (X kg) was the main destination for oils from coal tar exports from Luxembourg, with a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Belgium amounted to -46.9%.
In value terms, Belgium ($X) emerged as the key foreign market for oils and other products of the distillation of high temperature coal tar exports from Luxembourg.
From 2012 to 2021, the average annual growth rate of value to Belgium amounted to -53.3%.
Export Prices by Country
The average oils from coal tar export price stood at $X per ton in 2021, growing by 21% against the previous year. Overall, the export price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 48%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +1.4% per year.
Imports of Oils And Other Products Of The Distillation Of High Temperature Coal Tar
Imports into Luxembourg
In 2021, approx. X tons of oils and other products of the distillation of high temperature coal tar were imported into Luxembourg; waning by -6.5% against 2020. Over the period under review, imports continue to indicate a noticeable decline. The growth pace was the most rapid in 2015 with an increase of 82%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.
In value terms, oils from coal tar imports surged to $X in 2021. In general, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2015 with an increase of 30%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Belgium (X tons) constituted the largest oils from coal tar supplier to Luxembourg, accounting for a 84% share of total imports. Moreover, oils from coal tar imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium stood at -3.2%.
In value terms, Belgium ($X) constituted the largest supplier of oils and other products of the distillation of high temperature coal tar to Luxembourg, comprising 80% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports.
From 2012 to 2021, the average annual growth rate of value from Belgium totaled -16.0%.
Import Prices by Country
The average oils from coal tar import price stood at $X per ton in 2021, growing by 31% against the previous year. In general, the import price, however, continues to indicate a abrupt contraction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-11.6%).
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for oils from coal tar in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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