Price for Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in South Korea - 2022

Contents:

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

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

In December 2022, the average export price for oils and products of the distillation of high temperature coal tar; xyloles amounted to $896 per ton, waning by -9.3% against the previous month. In general, export price indicated a modest increase from December 2021 to December 2022: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, export price for oils and products of the distillation of high temperature coal tar; xyloles decreased by -9.3% against November 2022 indices. The growth pace was the most rapid in March 2022 an increase of 24% m-o-m. The export price peaked at $1,279 per ton in June 2022; however, from July 2022 to December 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In December 2022, the countries with the highest prices were the United States ($918 per ton) and Singapore ($903 per ton), while the average price for exports to the United Arab Emirates ($816 per ton) and China ($885 per ton) were amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for oils and products of the distillation of high temperature coal tar; xyloles stood at $875 per ton in December 2022, dropping by -7.2% against the previous month. Overall, import price indicated a slight expansion from December 2021 to December 2022: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, import price for oils and products of the distillation of high temperature coal tar; xyloles decreased by -31.9% against June 2022 indices. The pace of growth was the most pronounced in March 2022 an increase of 21% month-to-month. Over the period under review, average import prices hit record highs at $1,285 per ton in June 2022; however, from July 2022 to December 2022, import prices remained at a lower figure.

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

From December 2021 to December 2022, the rate of growth in terms of prices for Japan amounted to +1.4% per month.

Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in South Korea

In 2022, the amount of oils and products of the distillation of high temperature coal tar; xyloles exported from South Korea rose significantly to 704K tons, increasing by 15% on the previous year's figure. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of oils and products of the distillation of high temperature coal tar; xyloles skyrocketed to $732M in 2022. In general, exports enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. China (242.6K tons)
2. United States (211.2K tons)
3. Singapore (83.2K tons)
4. Taiwan (Chinese) (69.4K tons)
5. India (32.6K tons)
6. Malaysia (23.5K tons)
7. United Arab Emirates (11.6K tons)

Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in South Korea

For the third consecutive year, South Korea recorded decline in supplies from abroad of oils and products of the distillation of high temperature coal tar; xyloles, which decreased by -38.1% to 509K tons in 2022. In general, imports recorded a precipitous shrinkage. The smallest decline of -16.2% was in 2021.

In value terms, imports of oils and products of the distillation of high temperature coal tar; xyloles reduced rapidly to $509M in 2022. Over the period under review, imports showed a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year.

Top Suppliers of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole to South Korea in 2022:

1. Japan (488.4K tons)
2. China (10.8K tons)
3. Taiwan (Chinese) (6.0K tons)

Source: IndexBox Market Intelligence Platform