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

Contents:

  1. Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ghana (CIF) - 2022
  2. Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ghana

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

The average import price for pitch; obtained from coal tar or from other mineral tarses stood at $1,050 per ton in 2022, jumping by 32% against the previous year. In general, the import price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 105%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,885 per ton), while the price for Spain ($878 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+74.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, purchases abroad of pitch; obtained from coal tar or from other mineral tarses was finally on the rise to reach 5.1K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a relatively flat trend pattern.

In value terms, imports of pitch; obtained from coal tar or from other mineral tarses soared to $5.4M in 2022. Overall, imports saw significant growth. 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 Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A42420.92,728153.7%
China2,6146826851,344-19.9%
RussiaN/AN/A45889795.9%
SpainN/AN/AN/A2180%
United States49.644.520.614743.6%
Others29.828.013.958.625.3%
Total2,6931,1791,1985,39326.0%

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

  1. India (2586.9 tons)
  2. China (1286.9 tons)
  3. Russia (855.8 tons)
  4. Spain (248.1 tons)
  5. United States (77.8 tons)

Source: IndexBox Market Intelligence Platform

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