Price for Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in China - 2023
Contents:
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in China (CIF) - 2023
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in China (FOB) - 2022
- Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in China
- Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in China
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in China (CIF) - 2023
In December 2023, the average import price for oils and products of the distillation of high temperature coal tar; xyloles amounted to $915 per ton, reducing by -4.6% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 11% month-to-month. Over the period under review, average import prices reached the maximum at $1,037 per ton in October 2023; however, from November 2023 to December 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the highest price was recorded for prices from Japan ($923 per ton) and the Philippines ($913 per ton), while the price for Taiwan (Chinese) ($863 per ton) and South Korea ($911 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.0%), while the prices for the other major suppliers experienced a decline.
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in China (FOB) - 2022
The average export price for oils and products of the distillation of high temperature coal tar; xyloles stood at $1,265 per ton in 2022, surging by 72% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $1,295 per ton in 2012; afterwards, it flattened through to 2022.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Taiwan (Chinese) ($1,350 per ton) and South Korea ($1,264 per ton), while the average price for exports to the United States ($1,110 per ton) and the Philippines ($1,200 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+92.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in China
In 2022, purchases abroad of oils and products of the distillation of high temperature coal tar; xyloles decreased by -9.4% to 988K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 36% against the previous year. As a result, imports attained the peak of 1.1M tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of oils and products of the distillation of high temperature coal tar; xyloles soared to $1B in 2022. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 54%. Over the period under review, imports of oils and products of distillation of high temperature coal tar; xyloles attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 139 | 248 | 359 | 562 | 59.3% |
| South Korea | 204 | 195 | 267 | 265 | 9.1% |
| Taiwan (Chinese) | 85.1 | 45.9 | 93.5 | 74.9 | -4.2% |
| Philippines | 4.3 | 3.5 | 38.9 | 56.5 | 136.0% |
| Indonesia | N/A | N/A | N/A | 31.7 | 0% |
| Thailand | 65.7 | 47.4 | 84.4 | 24.1 | -28.4% |
| India | 57.0 | N/A | N/A | N/A | 0% |
| Others | 12.1 | 13.3 | 9.2 | N/A | -12.8% |
| Total | 567 | 553 | 852 | 1,015 | 21.4% |
Top Suppliers of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole to China in 2022:
- Japan (534.7K tons)
- South Korea (261.8K tons)
- Taiwan (Chinese) (79.0K tons)
- Philippines (54.0K tons)
- Indonesia (32.6K tons)
- Thailand (26.3K tons)
Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in China
In 2022, exports of oils and products of the distillation of high temperature coal tar; xyloles from China soared to 27K tons, growing by 2,337% against the previous year. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of oils and products of the distillation of high temperature coal tar; xyloles skyrocketed to $34M in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 21.2 | 0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 8.1 | 0% |
| United States | N/A | N/A | N/A | 3.2 | 0% |
| Philippines | N/A | N/A | 0.6 | 1.4 | 133.3% |
| India | 1.6 | 0.1 | 0.1 | 0.2 | -50.0% |
| Democratic People's Republic of Korea | 1.4 | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Total | 3.2 | 0.1 | 0.8 | 34.1 | 120.1% |
Top Export Markets for Oils and Products of the Distillation of High Temperature Coal Tar; Xylole from China in 2022:
- South Korea (16.8K tons)
- Taiwan (Chinese) (6.0K tons)
- United States (2.8K tons)
- Philippines (1.2K tons)
- India (0.2K tons)
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