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

Contents:

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

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

In 2022, the average export price for oils and products of the distillation of high temperature coal tar; naphthalenes amounted to $946 per ton, surging by 40% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for oils and products of the distillation of high temperature coal tar; naphthalenes increased by +75.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 61% against the previous year. As a result, the export price attained the peak level of $1,101 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($2,234 per ton), while the average price for exports to the United Arab Emirates ($261 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 Saudi Arabia (+8.8%), 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; Naphthalene in Iran (CIF) - 2022

The average import price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $5,182 per ton in 2022, growing by 11% against the previous year. Overall, the import price enjoyed strong growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 83%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($11,713 per ton), while the price for China ($1,173 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+25.7%), 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; Naphthalene in Iran

Exports of oils and products of the distillation of high temperature coal tar; naphthalenes from Iran dropped dramatically to 2.3K tons in 2022, reducing by -61.6% against the previous year. Overall, exports, however, showed a tangible increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,422%. As a result, the exports reached the peak of 5.9K tons, and then contracted significantly in the following year.

In value terms, exports of oils and products of the distillation of high temperature coal tar; naphthalenes shrank dramatically to $2.1M in 2022. Over the period under review, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 3,064%. As a result, the exports attained the peak of $4M, and then reduced rapidly in the following year.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,2081122,2771,4476.2%
Turkey63.52.8802608112.3%
United Arab Emirates98.46.188.849.8-20.3%
RussiaN/AN/A714N/A0%
Others1055.911639.3-27.9%
Total1,4751263,9992,14413.3%

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

  1. India (1266.7 tons)
  2. Turkey (790.8 tons)
  3. United Arab Emirates (191.1 tons)

Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Iran

For the third year in a row, Iran recorded decline in supplies from abroad of oils and products of the distillation of high temperature coal tar; naphthalenes, which decreased by -16.5% to 8.2 tons in 2022. In general, imports recorded a abrupt setback. The smallest decline of -16.4% was in 2021.

In value terms, imports of oils and products of the distillation of high temperature coal tar; naphthalenes reduced to $43K in 2022. Overall, imports showed a abrupt downturn. The smallest decline of -7.5% was in 2021.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates34.333.532.631.5-2.8%
China10.48.67.05.7-18.2%
Taiwan (Chinese)9.07.66.45.3-16.2%
Others0.10.10.10.10.0%
Total53.949.846.142.6-7.5%

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

  1. China (4.9 tons)
  2. United Arab Emirates (2.7 tons)
  3. Taiwan (Chinese) (0.6 tons)

Source: IndexBox Market Intelligence Platform

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