Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in South Africa - 2024

Contents:

  1. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in South Africa (FOB) - 2022
  2. Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in South Africa

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in South Africa (FOB) - 2022

In 2022, the average export price for oils and products of the distillation of high temperature coal tar; benzoles amounted to $1,217 per ton, rising by 8.5% against the previous year. In general, the export price showed a prominent expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 333% against the previous year. Over the period under review, the average export prices hit record highs at $1,760 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lesotho ($3,502 per ton), while the average price for exports to Malawi ($940 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+25.4%), while the prices for the other major destinations experienced mixed trend patterns.

Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in South Africa

In 2022, exports of oils and products of the distillation of high temperature coal tar; benzoles from South Africa soared to 75 tons, growing by 55% against the previous year's figure. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 99% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of oils and products of the distillation of high temperature coal tar; benzoles skyrocketed to $91K in 2022. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 77%. Over the period under review, the exports of oils and products of distillation of high temperature coal tar; benzoles hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe3.83.313.047.9132.7%
Lesotho6.86.47.316.133.3%
Mozambique8.62.712.913.115.1%
Swaziland3.94.82.35.210.1%
Malawi0.60.30.54.088.2%
Namibia1.01.41.72.739.2%
Zambia4.22.31.40.4-54.3%
Mauritius4.46.54.8N/A4.4%
PakistanN/AN/A8.3N/A0%
Others2.42.71.61.5-14.5%
Total35.730.453.890.836.5%

Top Export Markets for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole from South Africa in 2022:

  1. Zimbabwe (49.1 tons)
  2. Mozambique (9.1 tons)
  3. Lesotho (4.6 tons)
  4. Malawi (4.2 tons)
  5. Swaziland (3.7 tons)
  6. Namibia (2.6 tons)
  7. Zambia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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