Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Argentina - 2023

Contents:

  1. Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Argentina (CIF) - 2023
  2. Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Argentina (FOB) - 2022
  3. Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Argentina
  4. Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Argentina

Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Argentina (CIF) - 2023

The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $1,648 per ton in June 2023, which is down by -2% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 6.6% m-o-m. Over the period under review, average import prices hit record highs at $1,689 per ton in January 2023; however, from February 2023 to June 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($1,654 per ton), while the price for Brazil stood at $1,593 per ton.

From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Brazil (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Argentina (FOB) - 2022

The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $8,650 per ton in 2021, waning by -41.4% against the previous year. In general, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 4,044% against the previous year. Over the period under review, the average export prices attained the peak figure at $90,000 per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Brazil amounted to +7.4% per year.

Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Argentina

In 2022, the amount of pitch; obtained from coal tar or from other mineral tarses imported into Argentina surged to 41K tons, picking up by 24% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of pitch; obtained from coal tar or from other mineral tarses surged to $56M in 2022. Over the period under review, imports saw strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain30.724.427.649.717.4%
Czech Republic1.3N/AN/A6.066.5%
Poland1.31.2N/AN/A-7.7%
OthersN/A0.20.60.787.1%
Total33.325.828.256.319.1%

Top Suppliers of Pitch; Obtained from Coal Tar or from Other Mineral Tars to Argentina in 2022:

  1. Spain (36.0K tons)
  2. Czech Republic (4.0K tons)

Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Argentina

In 2021, after two years of growth, there was significant decline in shipments abroad of pitch; obtained from coal tar or from other mineral tarses, when their volume decreased by -75.6% to 40 kg. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 3,180%. As a result, the exports reached the peak of 164 kg, and then shrank notably in the following year.

In value terms, exports of pitch; obtained from coal tar or from other mineral tarses contracted notably to $346 in 2021. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,570%. As a result, the exports reached the peak of $2.4K, and then dropped significantly in the following year.

Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Argentina (USD)
COUNTRY201920202021CAGR,
2019-2021
Bolivia27.02,421346258.0%
Spain118N/AN/A0%
OthersN/AN/AN/A0%
Total1452,42134654.5%

Top Export Markets for Pitch; Obtained from Coal Tar or from Other Mineral Tars from Argentina in 2022:

  1. Bolivia (40.0 kg)

Source: IndexBox Market Intelligence Platform

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