Eastern Europe: Market for Oils And Other Products Of The Distillation Of High Temperature Coal Tar 2024

Market Size for Oils And Other Products Of The Distillation Of High Temperature Coal Tar in Eastern Europe

In 2023, after two years of growth, there was significant decline in the East European oils from coal tar market, when its value decreased by X% to $X. Overall, consumption recorded a abrupt downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Production of Oils And Other Products Of The Distillation Of High Temperature Coal Tar in Eastern Europe

In value terms, oils from coal tar production amounted to $X in 2023 estimated in export price. In general, production, however, recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Exports of Oils And Other Products Of The Distillation Of High Temperature Coal Tar

Exports in Eastern Europe

In 2023, oils from coal tar exports in Eastern Europe surged to X tons, growing by X% on 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, oils from coal tar exports rose to $X in 2023. In general, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Russia (X tons) was the main exporter of oils and other products of the distillation of high temperature coal tar, constituting X% of total exports. Poland (X tons) ranks second in terms of the total exports with a X% share, followed by Estonia (X%) and Bulgaria (X%). Slovakia (X tons), Hungary (X tons) and Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to oils from coal tar exports from Russia stood at X%. At the same time, Bulgaria (X%), Poland (X%), Estonia (X%), Hungary (X%), Slovakia (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. Russia (X p.p.), Poland (X p.p.), Bulgaria (X p.p.) and Estonia (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest oils from coal tar supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Estonia, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Russia totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Estonia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, falling by X% against the previous year. In general, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced a decline in the export price figures.

Imports of Oils And Other Products Of The Distillation Of High Temperature Coal Tar

Imports in Eastern Europe

In 2023, purchases abroad of oils and other products of the distillation of high temperature coal tar decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, oils from coal tar imports dropped dramatically to $X in 2023. In general, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Poland (X tons) and Estonia (X tons) were the largest importers of oils and other products of the distillation of high temperature coal tar in Eastern Europe, together achieving X% of total imports. Hungary (X tons) took the next position in the ranking, followed by Romania (X tons), Russia (X tons) and Slovakia (X tons). All these countries together took near X% share of total imports. Lithuania (X tons) took a minor share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Lithuania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest oils from coal tar importing markets in Eastern Europe were Poland ($X), Estonia ($X) and Hungary ($X), with a combined X% share of total imports. Romania, Slovakia, Russia and Lithuania lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Lithuania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2023, rising by X% against the previous year. Overall, the import price, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform