Price for Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in Iraq - 2022

Contents:

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

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

In 2022, the average import price for oils and products of the distillation of high temperature coal tar; xyloles amounted to $8,334 per ton, with an increase of 15% against the previous year. Overall, the import price posted prominent growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 459%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

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 the United Arab Emirates ($38,719 per ton), while the price for India ($5,853 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+34.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Xylole in Iraq

For the fourth year in a row, Iraq recorded growth in supplies from abroad of oils and products of the distillation of high temperature coal tar; xyloles, which increased by 3.1% to 5.3 tons in 2022. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 3.3% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of oils and products of the distillation of high temperature coal tar; xyloles soared to $44K in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.0% against 2019 indices. 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; Xylole in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey25.027.527.036.313.2%
India1.63.48.56.055.4%
Others0.10.61.71.7157.1%
Total26.731.537.244.018.1%

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

  1. Turkey (4.2 tons)
  2. India (1.0 tons)

Source: IndexBox Market Intelligence Platform

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