Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Russia - 2022

Contents:

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

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

In 2022, the average export price for oils and products of the distillation of high temperature coal tar; benzoles amounted to $884 per ton, picking up by 29% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 80% against the previous year. The export price peaked at $1,042 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($914 per ton), while the average price for exports to Kazakhstan ($531 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 the United States (+38.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In November 2021, the average import price for oils and products of the distillation of high temperature coal tar; benzoles amounted to $307 per ton, therefore, remained relatively stable against the previous month. Overall, the import price showed a significant decline. As a result, import price reached the peak level of $3,086 per ton. From February 2021 to November 2021, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Ukraine.

From January 2021 to November 2021, the rate of growth in terms of prices for Ukraine amounted to 0.0% per month.

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

In 2022, overseas shipments of oils and products of the distillation of high temperature coal tar; benzoles decreased by -17% to 135K tons, falling for the second consecutive year after two years of growth. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -21.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 77%. As a result, the exports attained the peak of 171K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of oils and products of the distillation of high temperature coal tar; benzoles reached $119M in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 70% against the previous year. Over the period under review, the exports of oils and products of distillation of high temperature coal tar; benzoles reached the maximum in 2022 and are likely to see steady growth in years to come.

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

1. Belgium (57.5K tons)
2. United States (7.3K tons)
3. Germany (6.8K tons)
4. Kazakhstan (1.1K tons)
5. Poland (1.0K tons)

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

In 2021, supplies from abroad of oils and products of the distillation of high temperature coal tar; benzoles decreased by -53% to 1.3K tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 176%. As a result, imports reached the peak of 2.8K tons, and then contracted remarkably in the following year.

In value terms, imports of oils and products of the distillation of high temperature coal tar; benzoles reduced sharply to $482K in 2021. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 83%. As a result, imports attained the peak of $1.1M, and then contracted remarkably in the following year.

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

1. Kazakhstan (1.3K tons)

Source: IndexBox Market Intelligence Platform