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

Contents:

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

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

The average import price for oils and products of the distillation of high temperature coal tar; benzoles stood at $911 per ton in 2022, rising by 20% against the previous year. In general, the import price, however, continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 38% against the previous year. The import price peaked at $1,137 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($983 per ton) and Australia ($899 per ton), while the price for Indonesia ($873 per ton) and the United States ($888 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-0.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for oils and products of the distillation of high temperature coal tar; benzoles stood at $1,000 per ton in 2022, with an increase of 2.3% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 52% against the previous year. The export price peaked at $1,085 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Vietnam.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.8% per year.

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

In 2022, approx. 33K tons of oils and products of the distillation of high temperature coal tar; benzoles were imported into South Korea; increasing by 46% on 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 398%.

In value terms, imports of oils and products of the distillation of high temperature coal tar; benzoles surged to $30M in 2022. In general, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 587% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Indonesia (11.3K tons)
2. Japan (8.9K tons)
3. Australia (7.2K tons)
4. United States (5.1K tons)

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

In 2022, shipments abroad of oils and products of the distillation of high temperature coal tar; benzoles decreased by -99.9% to 1 tons, falling for the second year in a row after two years of growth. Overall, exports showed a sharp setback. The growth pace was the most rapid in 2020 with an increase of 2.6% against the previous year. As a result, the exports reached the peak of 2.3K 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 plummeted to $1K in 2022. Over the period under review, exports faced a dramatic descent. The smallest decline of -20% was in 2021.

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

1. Vietnam (1.0 tons)

Source: IndexBox Market Intelligence Platform