Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Hong Kong SAR - 2022

Contents:

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

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Hong Kong SAR (FOB) - 2022

The average export price for oils and products of the distillation of high temperature coal tar; toluoles stood at $2,215 per ton in 2022, jumping by 64% against the previous year. In general, the export price recorded strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($14,103 per ton), while the average price for exports to Papua New Guinea amounted to $2,209 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Hong Kong SAR (CIF) - 2022

The average import price for oils and products of the distillation of high temperature coal tar; toluoles stood at $763 per ton in 2022, rising by 14% against the previous year. In general, the import price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of 33% against the previous year. The import price peaked at $1,995 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.5% per year.

Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Hong Kong SAR

In 2022, the amount of oils and products of the distillation of high temperature coal tar; toluoles exported from Hong Kong SAR declined sharply to 149 tons, dropping by -38.7% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 793%. As a result, the exports attained the peak of 244 tons, and then fell significantly in the following year.

In value terms, exports of oils and products of the distillation of high temperature coal tar; toluoles stood at $331K in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 905%. Over the period under review, the exports of oils and products of distillation of high temperature coal tar; toluoles hit record highs in 2022 and are expected to retain growth in the near future.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Papua New Guinea48.831.915433089.1%
RwandaN/AN/A123N/A0%
CanadaN/AN/A52.1N/A0%
Others1.10.90.71.22.9%
Total49.932.832933187.9%

Top Export Markets for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole from Hong Kong SAR in 2022:

  1. Papua New Guinea (149.4 tons)

Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Hong Kong SAR

In 2022, the amount of oils and products of the distillation of high temperature coal tar; toluoles imported into Hong Kong SAR declined sharply to 120 tons, falling by -27.1% on 2021. Over the period under review, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 263% against the previous year. As a result, imports attained the peak of 165 tons, and then declined rapidly in the following year.

In value terms, imports of oils and products of the distillation of high temperature coal tar; toluoles reduced markedly to $92K in 2022. In general, imports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 162%. As a result, imports reached the peak of $110K, and then shrank remarkably in the following year.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States40.019.975.056.812.4%
Others26.022.235.235.110.5%
Total66.042.111091.911.7%

Top Suppliers of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole to Hong Kong SAR in 2022:

  1. United States (120.4 tons)

Source: IndexBox Market Intelligence Platform

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