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

Contents:

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

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

The average import price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $983 per ton in 2022, with an increase of 29% against the previous year. Overall, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 92% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +7.7% per year.

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

The average export price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $1,173 per ton in 2022, jumping by 73% against the previous year. Overall, the export price saw a tangible expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($1,249 per ton), while the average price for exports to India ($996 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 Turkey (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of oils and products of the distillation of high temperature coal tar; naphthalenes into Russia dropped remarkably to 747 tons, waning by -61.9% against 2021 figures. Overall, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 2,232% against the previous year. As a result, imports attained the peak of 2K tons, and then shrank significantly in the following year.

In value terms, imports of oils and products of the distillation of high temperature coal tar; naphthalenes declined remarkably to $735K in 2022. In general, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 2,805% against the previous year. As a result, imports reached the peak of $1.5M, and then shrank dramatically in the following year.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/A54373535.4%
Kazakhstan49051.6204N/A-35.5%
IranN/AN/A750N/A0%
OthersN/AN/AN/AN/A0%
Total49051.61,49773514.5%

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

  1. Ukraine (747.4 tons)

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

For the third year in a row, Russia recorded decline in shipments abroad of oils and products of the distillation of high temperature coal tar; naphthalenes, which decreased by -92% to 357 tons in 2022. In general, exports continue to indicate a dramatic curtailment. The smallest decline of -3.7% was in 2020.

In value terms, exports of oils and products of the distillation of high temperature coal tar; naphthalenes contracted sharply to $419K in 2022. Overall, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. As a result, the exports reached the peak of $3.9M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A2320%
India2,5862,8031,129124-63.7%
Egypt5591,08543155.5-53.7%
Nigeria179N/AN/AN/A0%
BelgiumN/A13.3732N/A5403.8%
Ukraine62.615.5N/AN/A-75.2%
Others19.723.97346.5-30.9%
Total3,4063,9413,027419-50.3%

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

  1. Turkey (185.9 tons)
  2. India (124.8 tons)
  3. Egypt (44.5 tons)

Source: IndexBox Market Intelligence Platform

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