Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Azerbaijan - 2023

Contents:

  1. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Azerbaijan (CIF) - 2022
  2. Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Azerbaijan

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Azerbaijan (CIF) - 2022

In 2022, the average import price for oils and products of the distillation of high temperature coal tar; naphthalenes amounted to $2,297 per ton, rising by 91% against the previous year. In general, the import price, however, showed a noticeable contraction. The import price peaked at $2,943 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Russia ($7,186 per ton), while the price for Iran ($1,100 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+23.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Azerbaijan

Imports of oils and products of the distillation of high temperature coal tar; naphthalenes into Azerbaijan surged to 5.1 tons in 2022, rising by 89% compared with 2021 figures. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 178% against the previous year. Over the period under review, imports of oils and products of distillation of high temperature coal tar; naphthalenes hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of oils and products of the distillation of high temperature coal tar; naphthalenes skyrocketed to $12K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.34.32.46.369.2%
RussiaN/AN/AN/A4.60%
IranN/AN/A0.50.860.0%
Turkey0.20.50.3N/A22.5%
OthersN/AN/AN/AN/A0%
Total1.54.73.211.798.3%

Top Suppliers of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene to Azerbaijan in 2022:

  1. China (3.7 tons)
  2. Iran (0.8 tons)
  3. Russia (0.6 tons)

Source: IndexBox Market Intelligence Platform

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