Price for Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in Hong Kong SAR - 2023

Contents:

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

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

The average import price for oils and products of the distillation of high temperature coal tar; xyloles stood at $6,974 per ton in 2022, increasing by 134% against the previous year. In general, the import price recorded a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($7,586 per ton), while the price for South Korea ($1,872 per ton) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+90.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for oils and products of the distillation of high temperature coal tar; xyloles amounted to $6,878 per ton, surging by 83% against the previous year. In general, the export price saw resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.6% per year.

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

Imports of oils and products of the distillation of high temperature coal tar; xyloles into Hong Kong SAR declined remarkably to 30 tons in 2022, shrinking by -30.3% against the previous year's figure. Overall, imports faced a dramatic contraction.

In value terms, imports of oils and products of the distillation of high temperature coal tar; xyloles soared to $207K in 2022. Over the period under review, total imports indicated significant growth from 2021 to 2022: its value increased at an average annual rate of +63.1% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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; Xylole in Hong Kong SAR (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United States43.0199362.8%
South Korea8.35.8-30.1%
Thailand3.61.4-61.1%
China6.1N/A0%
Singapore35.7N/A0%
Taiwan (Chinese)20.7N/A0%
Others9.3N/A0%
Total12720763.0%

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

  1. United States (26.3 tons)
  2. South Korea (3.1 tons)
  3. Thailand (0.3 tons)

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

In 2022, approx. 3.1 tons of oils and products of the distillation of high temperature coal tar; xyloles were exported from Hong Kong SAR; waning by -14.1% against the year before. Over the period under review, exports saw a abrupt descent.

In value terms, exports of oils and products of the distillation of high temperature coal tar; xyloles surged to $21K in 2022. Overall, total exports indicated a significant increase from 2021 to 2022: its value increased at an average annual rate of +57.0% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in Hong Kong SAR (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Macao SAR7.921.5172.2%
China5.8N/A0%
OthersN/AN/A0%
Total13.721.556.9%

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

  1. Macao SAR (3.1 tons)

Source: IndexBox Market Intelligence Platform

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