Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Iran - 2022
Contents:
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Iran (FOB) - 2022
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Iran (CIF) - 2022
- Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Iran
- Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Iran
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Iran (FOB) - 2022
The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $336 per ton in 2022, declining by -1.8% against the previous year. Overall, the export price saw a abrupt decline. The growth pace was the most rapid in 2017 when the average export price increased by 81%. Over the period under review, the average export prices reached the peak figure at $1,054 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($453 per ton), while the average price for exports to Taiwan (Chinese) stood at $334 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.5%), while the prices for the other major destinations experienced a decline.
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Iran (CIF) - 2022
In 2022, the average import price for pitch; obtained from coal tar or from other mineral tarses amounted to $655 per ton, growing by 20% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
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 ($2,418 per ton), while the price for Kazakhstan ($389 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Iran
For the fourth year in a row, Iran recorded growth in overseas shipments of pitch; obtained from coal tar or from other mineral tarses, which increased by 10% to 75K tons in 2022. The total export volume increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 10% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of pitch; obtained from coal tar or from other mineral tarses rose remarkably to $25M in 2022. The total export value increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. 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 Iran (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 1.2 | 20.7 | 22.6 | 24.6 | 173.7% |
India | 0.1 | 0.8 | 0.8 | 0.7 | 91.3% |
Qatar | 18.6 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 19.8 | 21.5 | 23.3 | 25.3 | 8.5% |
Top Export Markets for Pitch; Obtained from Coal Tar or from Other Mineral Tars from Iran in 2022:
- Taiwan (Chinese) (73.8K tons)
- India (1.6K tons)
Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Iran
After two years of decline, purchases abroad of pitch; obtained from coal tar or from other mineral tarses increased by 164% to 2.7K tons in 2022. Overall, imports, however, saw a pronounced decline.
In value terms, imports of pitch; obtained from coal tar or from other mineral tarses surged to $1.7M in 2022. In general, imports, however, continue to indicate a noticeable decrease.
Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Iran (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 246 | 846 | 424 | 1,284 | 73.5% |
Kazakhstan | 78.7 | 198 | 82.7 | 317 | 59.1% |
China | 47.0 | 109 | 42.5 | 134 | 41.8% |
Russia | 1,574 | N/A | N/A | N/A | 0% |
United Arab Emirates | N/A | 93.8 | N/A | N/A | 0% |
Others | 0.5 | 1.1 | 0.4 | 1.3 | 37.5% |
Total | 1,946 | 1,248 | 550 | 1,737 | -3.7% |
Top Suppliers of Pitch; Obtained from Coal Tar or from Other Mineral Tars to Iran in 2022:
- India (1780.7 tons)
- Kazakhstan (816.0 tons)
- China (55.5 tons)
Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
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