Belarus: 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 Belarus

After six years of decline, the Belarusian oils from coal tar market increased by 705% to $X in 2021. Overall, consumption, however, showed a drastic downturn. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

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

In value terms, oils from coal tar production soared to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt setback. Over the period under review, production reached the peak level 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 Belarus

After nine years of growth, overseas shipments of oils and other products of the distillation of high temperature coal tar decreased by -22% to X tons in 2021. In general, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2020 when exports increased by 63% against the previous year. As a result, the exports reached the peak of X tons, and then reduced sharply in the following year.

In value terms, oils from coal tar exports fell to $X in 2021. Over the period under review, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when exports increased by 22%. The exports peaked at $X in 2020, and then fell in the following year.

Exports by Country

Estonia (X tons) was the main destination for oils from coal tar exports from Belarus, accounting for a 13% share of total exports. Moreover, oils from coal tar exports to Estonia exceeded the volume sent to the second major destination, Germany (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total exports with a 2.8% share.

From 2012 to 2021, the average annual growth rate of volume to Estonia totaled +6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (0.0% per year) and the Netherlands (+18.5% per year).

In value terms, Estonia ($X) remains the key foreign market for oils and other products of the distillation of high temperature coal tar exports from Belarus, comprising 11% of total exports. The second position in the ranking was taken by the UK ($X), with a 4.1% share of total exports. It was followed by Germany, with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Estonia totaled -5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+57.4% per year) and Germany (0.0% per year).

Export Prices by Country

In 2021, the average oils from coal tar export price amounted to $X per ton, with an increase of 16% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt slump. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to Russia ($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 the UK (+12.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Belarus

In 2021, supplies from abroad of oils and other products of the distillation of high temperature coal tar increased by 120% to X tons, rising for the fourth consecutive year after three years of decline. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 347% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, oils from coal tar imports skyrocketed to $X in 2021. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 378% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in years to come.

Imports by Country

Russia (X tons) and Ukraine (X tons) were the main suppliers of oils from coal tar imports to Belarus.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +73.7%).

In value terms, Russia ($X) and Ukraine ($X) constituted the largest oils from coal tar suppliers to Belarus.

Ukraine, with a CAGR of +78.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average oils from coal tar import price stood at $X per ton in 2021, declining by -9.5% against the previous year. Overall, the import price saw a pronounced reduction. The growth pace was the most rapid in 2017 an increase of 27% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Ukraine totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+2.8%).

Source: IndexBox Platform

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