Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Belgium - 2023

Contents:

  1. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Belgium (CIF) - 2022
  2. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Belgium (FOB) - 2022
  3. Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Belgium
  4. Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Belgium

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Belgium (CIF) - 2022

The average import price for oils and products of the distillation of high temperature coal tar; benzoles stood at $917 per ton in 2022, growing by 33% against the previous year. Over the period under review, the import price, however, showed a slight shrinkage. The growth pace was the most rapid in 2021 an increase of 45%. Over the period under review, average import prices reached the peak figure at $1,198 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Uzbekistan ($1,187 per ton) and France ($1,075 per ton), while the price for Brazil ($811 per ton) and Germany ($856 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+31.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Belgium (FOB) - 2022

In 2022, the average export price for oils and products of the distillation of high temperature coal tar; benzoles amounted to $710 per ton, with a decrease of -7.6% against the previous year. Over the period under review, the export price showed a pronounced slump. The most prominent rate of growth was recorded in 2020 an increase of 55%. The export price peaked at $1,126 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($859 per ton), while the average price for exports to the United States ($612 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.9%), while the prices for the other major destinations experienced a decline.

Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Belgium

In 2022, after three years of growth, there was decline in purchases abroad of oils and products of the distillation of high temperature coal tar; benzoles, when their volume decreased by -1.4% to 233K tons. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 86% against the previous year. As a result, imports reached the peak of 236K tons, and then reduced in the following year.

In value terms, imports of oils and products of the distillation of high temperature coal tar; benzoles skyrocketed to $213M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 170%. Over the period under review, imports of oils and products of distillation of high temperature coal tar; benzoles hit record highs in 2022 and are expected to retain growth in the near future.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7.112.344.155.298.1%
Germany4.116.321.344.1120.7%
UzbekistanN/AN/AN/A22.90%
United Kingdom5.15.910.921.862.3%
Brazil14.18.619.620.513.3%
United States3.73.88.514.256.6%
France0.36.911.210.3225.0%
EgyptN/AN/A6.26.20.0%
SwitzerlandN/AN/A9.92.5-74.7%
Turkey3.10.42.9N/A-3.3%
Others3.86.027.715.559.8%
Total41.460.216221372.6%

Top Suppliers of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole to Belgium in 2022:

  1. Russia (57.5K tons)
  2. Germany (51.6K tons)
  3. Brazil (25.2K tons)
  4. United Kingdom (24.0K tons)
  5. Uzbekistan (19.3K tons)
  6. United States (16.2K tons)
  7. France (9.6K tons)
  8. Egypt (6.6K tons)
  9. Switzerland (2.6K tons)

Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Belgium

In 2022, shipments abroad of oils and products of the distillation of high temperature coal tar; benzoles decreased by -57.9% to 38K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 4,841% against the previous year.

In value terms, exports of oils and products of the distillation of high temperature coal tar; benzoles declined notably to $27M in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 7,555% against the previous year.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A10.425.511.13.3%
United States0.39.15.99.9220.8%
GermanyN/A1.724.45.884.7%
SpainN/AN/A13.1N/A0%
OthersN/A2.1N/AN/A0%
Total0.323.368.926.8347.0%

Top Export Markets for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole from Belgium in 2022:

  1. United States (16.3K tons)
  2. Netherlands (14.7K tons)
  3. Germany (6.7K tons)

Source: IndexBox Market Intelligence Platform

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