Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Australia - 2024

Contents:

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

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

In 2022, the average import price for pitch; obtained from coal tar or from other mineral tarses amounted to $1,015 per ton, jumping by 52% against the previous year. In general, the import price continues to indicate a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,198 per ton), while the price for Japan ($625 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.7%), 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 Australia (FOB) - 2022

The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $1,746 per ton in 2020, dropping by -13.5% against the previous year. Over the period under review, the export price saw a deep downturn. Over the period under review, the average export prices attained the peak figure at $2,020 per ton in 2019, and then dropped in the following year.

There were significant differences in the average prices for the major external markets. In 2020, amid the top suppliers, the country with the highest price was New Caledonia ($2,236 per ton), while the average price for exports to China stood at $517 per ton.

From 2019 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China (-9.6%).

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

In 2022, the amount of pitch; obtained from coal tar or from other mineral tarses imported into Australia reached 91K tons, therefore, remained relatively stable against 2021. Over the period under review, imports, however, continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2021 with an increase of 0.1% against the previous year.

In value terms, imports of pitch; obtained from coal tar or from other mineral tarses surged to $93M in 2022. Overall, imports recorded a prominent expansion. 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 Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)34.024.536.758.920.1%
China11.17.018.425.431.8%
South Korea18.710.54.76.1-31.2%
Japan3.32.61.32.3-11.3%
OthersN/AN/AN/AN/A0%
Total67.244.661.292.711.3%

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

  1. Taiwan (Chinese) (60.3K tons)
  2. China (21.2K tons)
  3. South Korea (6.0K tons)
  4. Japan (3.7K tons)

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

In 2020, approx. 9.5 tons of pitch; obtained from coal tar or from other mineral tarses were exported from Australia; jumping by 446% against the year before. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of pitch; obtained from coal tar or from other mineral tarses soared to $17K in 2020. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Australia (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
New CaledoniaN/A14.80%
China1.01.550.0%
Others2.50.3-88.0%
Total3.516.6374.3%

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

  1. New Caledonia (6.6 tons)
  2. China (2.9 tons)

Source: IndexBox Market Intelligence Platform

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