Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Thailand - 2024

Contents:

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

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

In 2022, the average import price for pitch; obtained from coal tar or from other mineral tarses amounted to $1,366 per ton, picking up by 12% against the previous year. In general, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2014 an increase of 693% against the previous year. Over the period under review, average import prices hit record highs at $1,582 per ton in 2016; however, from 2017 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 Japan.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to -2.0% per year.

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

For the fourth year in a row, Thailand recorded growth in purchases abroad of pitch; obtained from coal tar or from other mineral tarses, which increased by 34% to 4.1 tons in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 38%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of pitch; obtained from coal tar or from other mineral tarses surged to $5.6K in 2022. In general, imports posted a significant expansion. As a result, imports attained 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 Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2.72.93.75.526.8%
OthersN/A0.4N/AN/A0%
Total2.73.33.75.627.5%

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

  1. Japan (4.1 tons)

Source: IndexBox Market Intelligence Platform

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