Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Japan - 2023
Contents:
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Japan (CIF) - 2023
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Japan (FOB) - 2022
- Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Japan
- Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Japan
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Japan (CIF) - 2023
The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $3,870 per ton in July 2023, rising by 432% against the previous month. In general, the import price showed a buoyant increase. The import price peaked at $4,296 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to July 2023, the rate of growth in terms of prices for China amounted to +14.3% per month.
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Japan (FOB) - 2022
In 2022, the average export price for pitch; obtained from coal tar or from other mineral tarses amounted to $1,492 per ton, which is down by -46.2% against the previous year. Overall, the export price, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 304% against the previous year. As a result, the export price attained the peak level of $2,772 per ton, and then dropped notably in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($3,536 per ton), while the average price for exports to Malaysia ($759 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Japan
In 2022, the amount of pitch; obtained from coal tar or from other mineral tarses imported into Japan surged to 40K tons, rising by 81% on the previous year. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 122%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of pitch; obtained from coal tar or from other mineral tarses surged to $44M in 2022. Overall, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 228% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 12.2 | 6.0 | 20.6 | 44.1 | 53.5% |
Others | 0.1 | 0.3 | 0.1 | 0.4 | 58.7% |
Total | 12.2 | 6.3 | 20.7 | 44.5 | 53.9% |
Top Suppliers of Pitch; Obtained from Coal Tar or from Other Mineral Tars to Japan in 2022:
- China (39.2K tons)
Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Japan
In 2022, the amount of pitch; obtained from coal tar or from other mineral tarses exported from Japan skyrocketed to 864 tons, growing by 58% against 2021 figures. Over the period under review, exports, however, faced a dramatic descent.
In value terms, exports of pitch; obtained from coal tar or from other mineral tarses contracted to $1.3M in 2022. In general, exports, however, showed a pronounced setback. The pace of growth was the most pronounced in 2020 when exports increased by 20% against the previous year. As a result, the exports attained the peak of $1.7M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 544 | 906 | 1,308 | 619 | 4.4% |
China | 377 | 410 | 206 | 363 | -1.3% |
Malaysia | 454 | N/A | N/A | 307 | -12.2% |
India | N/A | 347 | N/A | N/A | 0% |
Others | 11.4 | N/A | N/A | N/A | 0% |
Total | 1,386 | 1,663 | 1,513 | 1,289 | -2.4% |
Top Export Markets for Pitch; Obtained from Coal Tar or from Other Mineral Tars from Japan in 2022:
- Malaysia (405.0 tons)
- China (284.0 tons)
- Taiwan (Chinese) (175.0 tons)
This report provides an in-depth analysis of the pitch market in Japan.
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 Japan.
Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
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