Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in India - 2023
Contents:
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in India (FOB) - 2023
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in India (CIF) - 2023
- Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in India
- Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in India
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in India (FOB) - 2023
The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $904 per ton in July 2023, therefore, remained relatively stable against the previous month. In general, the export price, however, showed a pronounced contraction. The growth pace was the most rapid in January 2023 an increase of 8.1% m-o-m. The export price peaked at $1,128 per ton in November 2022; however, from December 2022 to July 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In July 2023, the countries with the highest prices were Egypt ($1,006 per ton) and Malaysia ($915 per ton), while the average price for exports to the United Arab Emirates ($782 per ton) and Indonesia ($895 per ton) were amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (0.0%), while the prices for the other major destinations experienced a decline.
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in India (CIF) - 2023
The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $806 per ton in July 2023, declining by -22.9% against the previous month. Overall, the import price recorded a abrupt decline. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 32% against the previous month. The import price peaked at $1,668 per ton in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,475 per ton), while the price for China ($758 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in India
In 2022, overseas shipments of pitch; obtained from coal tar or from other mineral tarses were finally on the rise to reach 62K tons after two years of decline. In general, exports showed a significant increase. 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 surged to $58M in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached 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 India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 11.4 | 6.2 | 2.2 | 12.4 | 2.8% |
Brazil | N/A | 3.0 | 0.7 | 12.1 | 100.8% |
Egypt | 0.2 | N/A | 1.6 | 9.8 | 265.9% |
Turkey | 3.4 | N/A | N/A | 5.9 | 20.2% |
Mexico | N/A | N/A | N/A | 5.4 | 0% |
United Arab Emirates | 0.5 | 0.3 | 0.6 | 3.0 | 81.7% |
Malaysia | 0.4 | N/A | 1.5 | 2.2 | 76.5% |
Cameroon | N/A | 0.6 | 1.3 | 1.3 | 47.2% |
Others | 0.9 | 1.1 | 1.4 | 5.6 | 83.9% |
Total | 16.8 | 11.2 | 9.4 | 57.7 | 50.9% |
Top Export Markets for Pitch; Obtained from Coal Tar or from Other Mineral Tars from India in 2022:
- Indonesia (18.0K tons)
- Brazil (13.9K tons)
- Egypt (8.5K tons)
- Turkey (4.7K tons)
- United Arab Emirates (4.2K tons)
- Mexico (3.8K tons)
- Cameroon (2.4K tons)
- Malaysia (2.2K tons)
Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in India
After two years of decline, supplies from abroad of pitch; obtained from coal tar or from other mineral tarses increased by 45% to 11K tons in 2022. In general, imports, however, saw a dramatic setback.
In value terms, imports of pitch; obtained from coal tar or from other mineral tarses surged to $16M in 2022. Over the period under review, imports showed a resilient expansion. As a result, imports attained 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 India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.7 | 3.0 | 0.7 | 10.1 | 14.7% |
Taiwan (Chinese) | N/A | N/A | N/A | 1.3 | 0% |
Germany | N/A | 0.5 | 0.4 | 1.3 | 61.2% |
Egypt | 2.3 | 0.7 | 1.0 | 1.2 | -19.5% |
Russia | 0.3 | 0.6 | 1.0 | 0.9 | 44.2% |
United Arab Emirates | 2.3 | 1.9 | 1.2 | 0.5 | -39.9% |
Spain | 0.1 | 0.2 | N/A | 0.3 | 44.2% |
Japan | N/A | 1.5 | N/A | N/A | 0% |
Others | 0.8 | 0.1 | 0.3 | 0.5 | -14.5% |
Total | 12.5 | 8.4 | 4.7 | 16.0 | 8.6% |
Top Suppliers of Pitch; Obtained from Coal Tar or from Other Mineral Tars to India in 2022:
- China (5.0K tons)
- Egypt (2.0K tons)
- Russia (1.4K tons)
- United Arab Emirates (1.0K tons)
- Taiwan (Chinese) (0.7K tons)
- Germany (0.6K tons)
- Spain (0.4K tons)
This report provides an in-depth analysis of the pitch market in India.
Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
This report provides an in-depth analysis of the pitch market in India.
Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
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