Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Malaysia - 2024

Contents:

1. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Malaysia (CIF) - 2024
2. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Malaysia (FOB) - 2022
3. Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Malaysia
4. Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Malaysia

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Malaysia (CIF) - 2024

The average import price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $844 per ton in January 2024, declining by -6.9% against the previous month. Over the period under review, the import price showed a perceptible descent. The growth pace was the most rapid in July 2023 when the average import price increased by 345% m-o-m. As a result, import price reached the peak level of $4,533 per ton. From August 2023 to January 2024, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was China ($1,211 per ton), while the price for Japan stood at $752 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Japan (-0.2%), while the prices for the other major suppliers experienced a decline.

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

The average export price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $1,594 per ton in 2022, dropping by -12.8% against the previous year. Overall, the export price saw a noticeable setback. The growth pace was the most rapid in 2013 an increase of 8.5% against the previous year. As a result, the export price attained the peak level of $2,420 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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 Bangladesh ($2,541 per ton), while the average price for exports to Sri Lanka ($242 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 Bangladesh (+34.2%).

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

In 2022, purchases abroad of oils and products of the distillation of high temperature coal tar; naphthalenes increased by 110% to 2.2K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of oils and products of the distillation of high temperature coal tar; naphthalenes soared to $2.3M in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Japan (1138.6 tons)
2. Taiwan (Chinese) (423.0 tons)
3. South Korea (318.1 tons)
4. China (295.3 tons)

Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Malaysia

Exports of oils and products of the distillation of high temperature coal tar; naphthalenes from Malaysia soared to 37 tons in 2022, jumping by 24% compared with 2021. The total export volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of oils and products of the distillation of high temperature coal tar; naphthalenes rose notably to $59K in 2022. The total export value increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 16%. As a result, the exports reached the peak of $63K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Singapore (28.9 tons)
2. Sri Lanka (7.1 tons)
3. Bangladesh (1.1 tons)

Source: IndexBox Market Intelligence Platform