Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Oman - 2022
Contents:
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Oman (CIF) - 2022
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Oman (FOB) - 2022
- Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Oman
- Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Oman
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Oman (CIF) - 2022
The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $1,070 per ton in 2022, rising by 53% against the previous year. In general, the import price continues to indicate a strong increase. The pace of growth was the most pronounced in 2018 an increase of 54%. The import price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +9.0% per year.
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Oman (FOB) - 2022
In 2022, the average export price for pitch; obtained from coal tar or from other mineral tarses amounted to $398 per ton, rising by 72% against the previous year. Overall, export price indicated a prominent increase from 2019 to 2022: its price increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pitch; obtained from coal tar or from other mineral tarses increased by +76.2% against 2020 indices. As a result, the export price reached the peak level 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 Qatar.
From 2019 to 2022, the rate of growth in terms of prices for Qatar amounted to +11.4% per year.
Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Oman
In 2022, imports of pitch; obtained from coal tar or from other mineral tarses into Oman rose notably to 33K tons, with an increase of 14% against 2021. The total import volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained 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 $35M in 2022. Over the period under review, imports enjoyed a resilient increase. 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 Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.9 | 16.6 | 20.3 | 35.2 | 15.4% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 23.2 | 16.6 | 20.3 | 35.3 | 15.0% |
Top Suppliers of Pitch; Obtained from Coal Tar or from Other Mineral Tars to Oman in 2022:
- China (32.9K tons)
Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Oman
In 2022, shipments abroad of pitch; obtained from coal tar or from other mineral tarses decreased by -96.3% to 66 tons, falling for the second consecutive year after two years of growth. In general, exports saw a dramatic contraction. The growth pace was the most rapid in 2020 when exports increased by 42%. As a result, the exports reached the peak of 3.5K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of pitch; obtained from coal tar or from other mineral tarses reduced sharply to $26K in 2022. Overall, exports saw a significant decline. The pace of growth was the most pronounced in 2020 with an increase of 11%. As a result, the exports reached the peak of $796K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 714 | 781 | 411 | 26.2 | -66.8% |
| Yemen | N/A | 15.6 | N/A | N/A | 0% |
| Others | 3.6 | N/A | N/A | N/A | 0% |
| Total | 718 | 796 | 411 | 26.2 | -66.8% |
Top Export Markets for Pitch; Obtained from Coal Tar or from Other Mineral Tars from Oman in 2022:
- Qatar (65.8 tons)
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Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
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