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

Contents:

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

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

In 2022, the average import price for oils and products of the distillation of high temperature coal tar; naphthalenes amounted to $210 per ton, declining by -70.4% against the previous year. Overall, the import price showed a abrupt slump. The growth pace was the most rapid in 2017 an increase of 26%. The import price peaked at $1,160 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Taiwan (Chinese) ($1,018 per ton), while the price for China ($130 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+0.9%), while the prices for the other major suppliers experienced a decline.

Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Myanmar

In 2022, imports of oils and products of the distillation of high temperature coal tar; naphthalenes into Myanmar surged to 492 tons, increasing by 424% on the previous year. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of oils and products of the distillation of high temperature coal tar; naphthalenes surged to $103K in 2022. Overall, total imports indicated a significant increase from 2021 to 2022: its value increased at an average annual rate of +55.3% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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; Naphthalene in Myanmar (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
ChinaN/A58.30%
Taiwan (Chinese)24.325.23.7%
Thailand42.219.8-53.1%
OthersN/AN/A0%
Total66.510354.9%

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

  1. China (447.9 tons)
  2. Taiwan (Chinese) (24.7 tons)
  3. Thailand (19.8 tons)

Source: IndexBox Market Intelligence Platform

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