Argentina: Market for Oils And Other Products Of The Distillation Of High Temperature Coal Tar 2025

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

The Argentinian oils from coal tar market surged to $X in 2021, jumping by 337% against the previous year. Overall, consumption saw strong growth. Oils from coal tar consumption peaked in 2021 and is expected to retain growth in the near future.

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

In value terms, oils from coal tar production rose remarkably to $X in 2021 estimated in export price. In general, production showed a perceptible slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by 10% against the previous year. Oils from coal tar production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

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

Exports from Argentina

In 2021, oils from coal tar exports from Argentina declined remarkably to X tons, with a decrease of -50.9% against 2020 figures. In general, exports saw a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 173% against the previous year. As a result, the exports attained the peak of X tons, and then shrank sharply in the following year.

In value terms, oils from coal tar exports declined notably to $X in 2021. Over the period under review, exports saw a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by 114%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons), the Netherlands (X tons) and Chile (X tons) were the main destinations of oils from coal tar exports from Argentina, with a combined 70% share of total exports. These countries were followed by Brazil, Belgium, Paraguay and Germany, which together accounted for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +15.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for oils from coal tar exported from Argentina were the United States ($X), the Netherlands ($X) and Chile ($X), with a combined 71% share of total exports. Brazil, Paraguay, Germany and Belgium lagged somewhat behind, together accounting for a further 23%.

Brazil, with a CAGR of +11.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average oils from coal tar export price stood at $X per ton in 2021, rising by 64% against the previous year. Overall, the export price, however, continues to indicate a perceptible decline. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.5%), while the prices for the other major destinations experienced a decline.

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

Imports into Argentina

For the third consecutive year, Argentina recorded growth in purchases abroad of oils and other products of the distillation of high temperature coal tar, which increased by 1% to X tons in 2021. Over the period under review, imports continue to indicate moderate growth. The growth pace was the most rapid in 2019 with an increase of 489% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, oils from coal tar imports skyrocketed to $X in 2021. Overall, imports enjoyed tangible growth. The most prominent rate of growth was recorded in 2019 when imports increased by 256%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of oils from coal tar to Argentina, with a 55% share of total imports. Moreover, oils from coal tar imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by Estonia (X tons), with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+27.6% per year) and Estonia (-9.7% per year).

In value terms, the United States ($X) constituted the largest supplier of oils and other products of the distillation of high temperature coal tar to Argentina, comprising 72% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 7.2% share of total imports. It was followed by Estonia, with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+13.2% per year) and Estonia (-10.7% per year).

Import Prices by Country

The average oils from coal tar import price stood at $X per ton in 2021, increasing by 30% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 63%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+160.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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