Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Greece - 2023

Contents:

  1. Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Greece (CIF) - 2022
  2. Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Greece (FOB) - 2022
  3. Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Greece
  4. Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Greece

Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Greece (CIF) - 2022

The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $1,178 per ton in 2022, picking up by 76% against the previous year. Over the period under review, the import price posted resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 78% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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 India ($1,907 per ton), while the price for Poland ($990 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+71.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Greece (FOB) - 2022

The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $2,205 per ton in 2021, rising by 52% against the previous year. Over the period under review, the export price, however, showed a precipitous descent. Over the period under review, the average export prices hit record highs at $63,833 per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($2,211 per ton), while the average price for exports to Bulgaria totaled $1,000 per ton.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+26.0%).

Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Greece

After three years of growth, overseas purchases of pitch; obtained from coal tar or from other mineral tarses decreased by -14.6% to 14K tons in 2022. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 13%.

In value terms, imports of pitch; obtained from coal tar or from other mineral tarses surged to $16M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% 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 +80.1% against 2020 indices. As a result, imports reached 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 Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland5.87.29.39.618.3%
ChinaN/A0.3N/A5.5328.2%
IndiaN/AN/AN/A0.90%
Spain2.51.41.5N/A-22.5%
Germany1.3N/AN/AN/A0%
Others0.3N/AN/AN/A0%
Total9.98.910.716.117.6%

Top Suppliers of Pitch; Obtained from Coal Tar or from Other Mineral Tars to Greece in 2022:

  1. Poland (9.7K tons)
  2. China (3.4K tons)
  3. India (0.5K tons)

Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Greece

In 2021, after two years of growth, there was significant decline in shipments abroad of pitch; obtained from coal tar or from other mineral tarses, when their volume decreased by -14.5% to 429 kg. In general, total exports indicated significant growth from 2019 to 2021: its volume increased at an average annual rate of +25.1% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +56.6% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 83% against the previous year. As a result, the exports attained the peak of 502 kg, and then shrank in the following year.

In value terms, exports of pitch; obtained from coal tar or from other mineral tarses skyrocketed to $946 in 2021. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year. Over the period under review, the exports of reached the maximum in 2021 and are expected to retain growth in the immediate term.

Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Greece (USD)
COUNTRY201920202021CAGR,
2019-2021
Qatar380N/A94457.6%
Bulgaria1.07291.00.0%
OthersN/AN/A1.00%
Total38172994657.6%

Top Export Markets for Pitch; Obtained from Coal Tar or from Other Mineral Tars from Greece in 2022:

  1. Qatar (427.0 kg)
  2. Bulgaria (1.0 kg)

Source: IndexBox Market Intelligence Platform

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