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

Contents:

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

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

The average export price for oils and products of the distillation of high temperature coal tar; toluoles stood at $841 per ton in November 2023, stabilizing at the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 13% month-to-month. The export price peaked in November 2023.

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

From November 2022 to November 2023, the rate of growth in terms of prices for South Korea amounted to +0.3% per month.

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Japan (CIF) - 2023

The average import price for oils and products of the distillation of high temperature coal tar; toluoles stood at $807 per ton in February 2023, leveling off at the previous month. In general, the import price showed a sharp downturn. Over the period under review, average import prices reached the maximum at $62,640 per ton in June 2022; however, from July 2022 to February 2023, import prices stood at a somewhat lower figure.

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

From February 2022 to February 2023, the rate of growth in terms of prices for South Korea amounted to -2.2% per month.

Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Japan

In 2022, approx. 65K tons of oils and products of the distillation of high temperature coal tar; toluoles were exported from Japan; waning by -18.7% on the year before. Over the period under review, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of 80K tons, and then shrank significantly in the following year.

In value terms, exports of oils and products of the distillation of high temperature coal tar; toluoles rose sharply to $50M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 71%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea38.925.543.650.28.9%
OthersN/AN/A0.1N/A0%
Total38.925.543.750.28.9%

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

  1. South Korea (65.2K tons)

Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Japan

In 2022, the amount of oils and products of the distillation of high temperature coal tar; toluoles imported into Japan rose rapidly to 20K tons, with an increase of 11% on the previous year. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 221% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of oils and products of the distillation of high temperature coal tar; toluoles rose notably to $11M in 2022. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 215%. Over the period under review, imports of oils and products of distillation of high temperature coal tar; toluoles reached the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea3.63.310.411.346.4%
OthersN/AN/AN/AN/A0%
Total3.63.310.511.446.8%

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

  1. South Korea (20.2K tons)

Source: IndexBox Market Intelligence Platform

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