Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Singapore - 2023

Contents:

  1. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Singapore (CIF) - 2022
  2. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Singapore (FOB) - 2022
  3. Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Singapore
  4. Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Singapore

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

The average import price for oils and products of the distillation of high temperature coal tar; benzoles stood at $865 per ton in 2022, growing by 31% against the previous year. Overall, the import price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 54% against the previous year. The import price peaked at $1,208 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to -3.0% per year.

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

In 2022, the average export price for oils and products of the distillation of high temperature coal tar; benzoles amounted to $33,286 per ton, surging by 8,455% against the previous year. In general, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +689.5% per year.

Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Singapore

Imports of oils and products of the distillation of high temperature coal tar; benzoles into Singapore skyrocketed to 26K tons in 2022, picking up by 29% against the previous year. In general, imports, however, showed a precipitous contraction.

In value terms, imports of oils and products of the distillation of high temperature coal tar; benzoles soared to $22M in 2022. Overall, imports, however, recorded a pronounced curtailment.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Singapore (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Thailand17.68.222.412.8%
Malaysia4.13.0N/A-26.8%
United States1.31.3N/A0.0%
India0.90.7N/A-22.2%
OthersN/AN/AN/A0%
Total24.013.222.4-3.4%

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

  1. Thailand (25.9K tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of oils and products of the distillation of high temperature coal tar; benzoles, when their volume decreased by 99.9% to 49 kg. Over the period under review, exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 7.3%.

In value terms, exports of oils and products of the distillation of high temperature coal tar; benzoles reduced rapidly to $1.6K in 2022. In general, exports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by 5% against the previous year. As a result, the exports attained the peak of $5.8M, and then fell rapidly in the following year.

Export of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
MyanmarN/AN/AN/AN/A0%
South Korea1.31.51.8N/A17.7%
United States3.94.04.1N/A2.5%
OthersN/AN/AN/AN/A0%
Total5.35.55.8N/A4.6%

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

  1. Myanmar (49.0 kg)

Source: IndexBox Market Intelligence Platform

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