Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Indonesia - 2022

Contents:

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

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

In 2022, the average import price for pitch; obtained from coal tar or from other mineral tarses amounted to $967 per ton, increasing by 24% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pitch; obtained from coal tar or from other mineral tarses increased by +78.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 44%. The import price peaked in 2022 and is likely to see gradual 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 China ($1,222 per ton), while the price for India ($779 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.0%), 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 Indonesia (FOB) - 2022

The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $4,077 per ton in 2022, rising by 9.6% against the previous year. Over the period under review, the export price showed strong growth. The growth pace was the most rapid in 2019 an increase of 41%. Over the period under review, the average export prices hit record highs in 2022 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 Timor-Leste.

From 2012 to 2022, the rate of growth in terms of prices for Timor-Leste amounted to +14.3% per year.

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

In 2022, the amount of pitch; obtained from coal tar or from other mineral tarses imported into Indonesia surged to 34K tons, picking up by 72% on the year before. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded 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 soared to $33M in 2022. In general, imports saw significant 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 Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.85.210.217.553.9%
India11.66.64.714.98.7%
Taiwan (Chinese)0.50.50.60.711.9%
Others0.10.10.10.10.0%
Total16.912.515.633.225.2%

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

  1. India (19.1K tons)
  2. China (14.3K tons)
  3. Taiwan (Chinese) (0.9K tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of pitch; obtained from coal tar or from other mineral tarses, when their volume increased by 123% to 532 kg. In general, exports, however, showed a deep reduction.

In value terms, exports of pitch; obtained from coal tar or from other mineral tarses skyrocketed to $2.2K in 2022. Overall, exports, however, continue to indicate a abrupt decrease.

Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Timor-Leste3.42.20.92.1-14.8%
OthersN/AN/AN/AN/A0%
Total3.42.20.92.2-13.5%

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

  1. Timor-Leste (531.0 kg)

Source: IndexBox Market Intelligence Platform

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