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

Contents:

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

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

The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $1,239 per ton in 2022, picking up by 40% against the previous year. In general, the import price showed a buoyant expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 60%. The import price peaked in 2022 and is likely to see steady 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 Germany ($8,417 per ton), while the price for the United Arab Emirates ($857 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.7%), 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 Malaysia (FOB) - 2022

The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $677 per ton in 2022, increasing by 31% against the previous year. Overall, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 52% against the previous year. The export price peaked at $1,640 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2014 to 2022, the rate of growth in terms of prices for Qatar amounted to +13.9% per year.

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

In 2022, approx. 4.9K tons of pitch; obtained from coal tar or from other mineral tarses were imported into Malaysia; declining by -55% compared with the previous year's figure. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 201%. As a result, imports attained the peak of 11K tons, and then shrank notably in the following year.

In value terms, imports of pitch; obtained from coal tar or from other mineral tarses contracted markedly to $6.1M in 2022. Overall, imports, however, showed modest growth. The growth pace was the most rapid in 2021 when imports increased by 380% against the previous year. As a result, imports attained the peak of $9.7M, and then declined rapidly in the following year.

Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.11.14.82.911.4%
Spain1.60.32.41.84.0%
India0.30.31.71.154.2%
China1.50.20.4N/A-48.4%
Others0.40.10.40.2-20.6%
Total5.92.09.76.11.1%

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

  1. United Arab Emirates (3409.3 tons)
  2. Spain (854.8 tons)
  3. India (554.2 tons)
  4. China (15.6 tons)

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

In 2022, the amount of pitch; obtained from coal tar or from other mineral tarses exported from Malaysia fell markedly to 6.8K tons, declining by -40.4% on the year before. Over the period under review, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 88,199,746%.

In value terms, exports of pitch; obtained from coal tar or from other mineral tarses shrank notably to $4.6M in 2022. Overall, exports recorded a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 65,680,456% against the previous year.

Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar15.3N/A5.94.5-33.5%
Others0.1N/AN/A0.10.0%
Total15.4N/A5.94.6-33.2%

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

  1. Qatar (6.8K tons)

Source: IndexBox Market Intelligence Platform

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