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

Contents:

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

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

In 2022, the average export price for oils and products of the distillation of high temperature coal tar; toluoles amounted to $1,489 per ton, which is down by -20.7% against the previous year. In general, the export price, however, showed a mild increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 86% against the previous year. The export price peaked at $1,878 per ton in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($4,190 per ton), while the average price for exports to France ($334 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 Singapore (+61.2%), 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 the UK (CIF) - 2022

The average import price for oils and products of the distillation of high temperature coal tar; toluoles stood at $1,243 per ton in 2022, with a decrease of -48% against the previous year. In general, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 61%. As a result, import price attained the peak level of $6,252 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 States ($2,589 per ton), while the price for Belgium amounted to $1,238 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.3%).

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

In 2022, exports of oils and products of the distillation of high temperature coal tar; toluoles from the UK fell significantly to 40 tons, dropping by -26% compared with the previous year. Over the period under review, exports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 with an increase of 5,557% against the previous year. As a result, the exports reached the peak of 54 tons, and then dropped dramatically in the following year.

In value terms, exports of oils and products of the distillation of high temperature coal tar; toluoles reduced sharply to $59K in 2022. In general, exports, however, showed a resilient increase. The growth pace was the most rapid in 2021 with an increase of 5,917% against the previous year. As a result, the exports attained the peak of $101K, and then dropped markedly in the following year.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1.30.18.325.0167.9%
SingaporeN/AN/AN/A17.50%
Pakistan0.3N/A2.711.3235.2%
Ireland1.4N/A0.74.244.2%
France0.2N/A0.91.281.7%
Belgium11.90.542.8N/A89.6%
Germany29.20.934.0N/A7.9%
United States0.8N/A5.7N/A166.9%
Others1.50.15.8N/A96.6%
Total46.71.710159.28.2%

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

  1. Denmark (26.1 tons)
  2. Singapore (4.2 tons)
  3. Pakistan (3.7 tons)
  4. France (3.7 tons)
  5. Ireland (2.1 tons)

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

For the fourth year in a row, the UK recorded growth in overseas purchases of oils and products of the distillation of high temperature coal tar; toluoles, which increased by 535% to 46 tons in 2022. 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; toluoles surged to $58K in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Toluole in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5.39.116.457.2121.0%
OthersN/A0.51.10.4-10.6%
Total5.39.617.457.6121.5%

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

  1. Belgium (46.2 tons)

Source: IndexBox Market Intelligence Platform

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