Scandinavia: 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 Scandinavia

The Scandinavia oils from coal tar market soared to $X in 2023, growing by X% against the previous year. Over the period under review, consumption enjoyed a significant expansion. The level of consumption peaked in 2023 and is likely to see steady growth in years to come.

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

In value terms, oils from coal tar production dropped dramatically to $X in 2023 estimated in export price. Over the period under review, production posted significant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2022, and then reduced sharply in the following year.

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

Exports in Scandinavia

In 2023, approx. X tons of oils and other products of the distillation of high temperature coal tar were exported in Scandinavia; waning by X% compared with the year before. In general, exports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2022, and then dropped markedly in the following year.

In value terms, oils from coal tar exports dropped modestly to $X in 2023. Overall, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2022 when exports increased by X%. As a result, the exports reached the peak of $X, and then contracted modestly in the following year.

Exports by Country

Sweden dominates exports structure, resulting at X tons, which was near X% of total exports in 2023. Finland (X tons) held a relatively small share of total exports.

Exports from Sweden increased at an average annual rate of X% from 2012 to 2023. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2023. Sweden (X p.p.) and Finland (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest oils from coal tar supplying countries in Scandinavia were Sweden ($X) and Finland ($X).

Finland, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2023, the export price in Scandinavia amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, saw a mild shrinkage. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%).

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

Imports in Scandinavia

In 2023, overseas purchases of oils and other products of the distillation of high temperature coal tar increased by X% to X tons for the first time since 2020, thus ending a two-year declining trend. Overall, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2023, the growth of imports remained at a lower figure.

In value terms, oils from coal tar imports expanded remarkably to $X in 2023. Over the period under review, imports showed a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

Sweden prevails in imports structure, reaching X tons, which was approx. X% of total imports in 2023. It was distantly followed by Finland (X tons), achieving a X% share of total imports.

Sweden was also the fastest-growing in terms of the oils and other products of the distillation of high temperature coal tar imports, with a CAGR of X% from 2012 to 2023. At the same time, Finland (X%) displayed positive paces of growth. From 2012 to 2023, the share of Sweden increased by X percentage points.

In value terms, Sweden ($X) constitutes the largest market for imported oils and other products of the distillation of high temperature coal tar in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with an X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in Sweden amounted to X%.

Import Prices by Country

In 2023, the import price in Scandinavia amounted to $X per ton, which is down by X% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Finland ($X per ton), while Sweden stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%).

Source: IndexBox Platform