Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United Arab Emirates - 2022

Contents:

  1. Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United Arab Emirates (CIF) - 2022
  2. Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United Arab Emirates (FOB) - 2022
  3. Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United Arab Emirates
  4. Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United Arab Emirates

Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for pitch; obtained from coal tar or from other mineral tarses amounted to $1,104 per ton, increasing by 56% against the previous year. Overall, the import price saw a buoyant expansion. The pace of growth was the most pronounced in 2018 an increase of 71%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,104 per ton), while the price for India amounted to $1,084 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United Arab Emirates (FOB) - 2022

The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $397 per ton in 2022, reducing by -20.8% against the previous year. Overall, the export price saw a abrupt contraction. The growth pace was the most rapid in 2013 an increase of 71%. As a result, the export price attained the peak level of $1,170 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($477 per ton), while the average price for exports to China amounted to $302 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+30.3%), while the prices for the other major destinations experienced a decline.

Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United Arab Emirates

Imports of pitch; obtained from coal tar or from other mineral tarses into the United Arab Emirates surged to 179K tons in 2022, rising by 18% against 2021. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of pitch; obtained from coal tar or from other mineral tarses surged to $198M in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 117%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China90.749.110719529.1%
India0.50.30.63.183.7%
Belgium8.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total99.749.410719825.7%

Top Suppliers of Pitch; Obtained from Coal Tar or from Other Mineral Tars to the United Arab Emirates in 2022:

  1. China (176.3K tons)
  2. India (2.9K tons)

Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United Arab Emirates

Exports of pitch; obtained from coal tar or from other mineral tarses from the United Arab Emirates fell markedly to 2.1K tons in 2022, with a decrease of -15.2% compared with the previous year's figure. In general, exports continue to indicate a significant curtailment.

In value terms, exports of pitch; obtained from coal tar or from other mineral tarses shrank markedly to $815K in 2022. Overall, exports recorded a dramatic shrinkage. The smallest decline of -18.4% was in 2020.

Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2,3301,9081,203531-38.9%
China67.82.4N/A28361.0%
Others16.058.911.00.9-61.7%
Total2,4141,9691,214815-30.4%

Top Export Markets for Pitch; Obtained from Coal Tar or from Other Mineral Tars from the United Arab Emirates in 2022:

  1. India (1114.2 tons)
  2. China (937.4 tons)

Source: IndexBox Market Intelligence Platform

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