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

Contents:

  1. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Thailand (FOB) - 2023
  2. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Thailand (CIF) - 2022
  3. Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Thailand
  4. Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Thailand

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Thailand (FOB) - 2023

In December 2023, the average export price for oils and products of the distillation of high temperature coal tar; benzoles amounted to $625 per ton, approximately mirroring the previous month. Overall, the export price continues to indicate a dramatic setback. Over the period under review, the average export prices hit record highs at $29,820 per ton in October 2023; however, from November 2023 to December 2023, the export prices failed to regain momentum.

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

From April 2023 to December 2023, the rate of growth in terms of prices for Singapore amounted to -0.5% per month.

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

The average import price for oils and products of the distillation of high temperature coal tar; benzoles stood at $10,095 per ton in 2021, falling by -8.2% against the previous year. Over the period under review, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 27% against the previous year. Over the period under review, average import prices hit record highs at $45,875 per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($11,691 per ton), while the price for Singapore ($5,938 per ton) was amongst the lowest.

From 2014 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+34.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, exports of oils and products of the distillation of high temperature coal tar; benzoles from Thailand dropped sharply to 26K tons, reducing by -22.4% against the year before. Over the period under review, exports recorded a precipitous shrinkage. The smallest decline of -11.8% was in 2020.

In value terms, exports of oils and products of the distillation of high temperature coal tar; benzoles amounted to $21M in 2022. Overall, exports saw a abrupt contraction.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore12.617.817.121.319.1%
South Korea9.10.82.9N/A-43.5%
Malaysia12.93.9N/AN/A-69.8%
United States4.60.9N/AN/A-80.4%
OthersN/AN/A1.4N/A0%
Total39.223.421.321.3-18.4%

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

  1. Singapore (26.0K tons)

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

In 2021, approx. 200 kg of oils and products of the distillation of high temperature coal tar; benzoles were imported into Thailand; picking up by 1,438% compared with the year before. In general, imports, however, continue to indicate a abrupt slump.

In value terms, imports of oils and products of the distillation of high temperature coal tar; benzoles soared to $2K in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Thailand (USD)
COUNTRY201920202021CAGR,
2019-2021
IndonesiaN/AN/A1,0340%
ChinaN/AN/A7950%
SingaporeN/A14319032.9%
Sri Lanka1,460N/AN/A0%
Malaysia467N/AN/A0%
Philippines36.0N/AN/A0%
Others63.0N/AN/A0%
Total2,0261432,019-0.2%

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

  1. Indonesia (100.0 kg)
  2. China (68.0 kg)
  3. Singapore (32.0 kg)

Source: IndexBox Market Intelligence Platform

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