Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ghana - 2022
Contents:
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ghana (CIF) - 2022
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | N/A | 424 | 20.9 | 2,728 | 153.7% |
China | 2,614 | 682 | 685 | 1,344 | -19.9% |
Russia | N/A | N/A | 458 | 897 | 95.9% |
Spain | N/A | N/A | N/A | 218 | 0% |
United States | 49.6 | 44.5 | 20.6 | 147 | 43.6% |
Others | 29.8 | 28.0 | 13.9 | 58.6 | 25.3% |
Total | 2,693 | 1,179 | 1,198 | 5,393 | 26.0% |
Top Suppliers of Pitch; Obtained from Coal Tar or from Other Mineral Tars to Ghana in 2022:
- India (2586.9 tons)
- China (1286.9 tons)
- Russia (855.8 tons)
- Spain (248.1 tons)
- United States (77.8 tons)
Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
Global Pitch Market Report 2018. This report provides an in-depth analysis of the global pitch market.
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