Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Vietnam - 2022

Contents:

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

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

The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $446 per ton in 2022, declining by -15.7% against the previous year. Over the period under review, the export price, however, posted a notable expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 74%. Over the period under review, the average export prices attained the peak figure at $745 per ton in 2019; however, from 2020 to 2022, 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 China ($460 per ton), while the average price for exports to Cambodia ($261 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 Lao People's Democratic Republic (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $1,453 per ton in 2022, rising by 79% against the previous year. In general, the import price posted strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($2,863 per ton), while the price for the United States ($733 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+97.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of pitch; obtained from coal tar or from other mineral tarses from Vietnam was estimated at 727 tons in 2022, with an increase of 11% compared with 2021 figures. The total export volume increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 11%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of pitch; obtained from coal tar or from other mineral tarses declined to $325K in 2022. Overall, exports, however, continue to indicate a abrupt slump. The smallest decline of -6.4% was in 2020.

Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China299291283273-3.0%
Lao People's Democratic Republic96.478.864.051.8-18.7%
Others1.00.60.40.3-33.1%
Total396371347325-6.4%

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

  1. China (593.4 tons)
  2. Lao People's Democratic Republic (133.0 tons)

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

In 2022, overseas purchases of pitch; obtained from coal tar or from other mineral tarses decreased by -57.9% to 59 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 54% against the previous year. As a result, imports attained the peak of 215 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of pitch; obtained from coal tar or from other mineral tarses fell remarkably to $86K in 2022. In general, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 127%. As a result, imports attained the peak of $142K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.095.634.830.44.0%
GermanyN/AN/A38.626.0-32.6%
South Korea28.441.538.325.5-3.5%
United States0.81.51.72.137.9%
Taiwan (Chinese)1.21.80.51.57.7%
Others4.91.31.11.0-41.1%
Total62.314211586.411.5%

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

  1. China (24.7 tons)
  2. Germany (21.2 tons)
  3. South Korea (8.9 tons)
  4. United States (2.8 tons)
  5. Taiwan (Chinese) (1.2 tons)

Source: IndexBox Market Intelligence Platform

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