Belgium: 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 Belgium

After seven years of decline, the Belgian oils from coal tar market increased by 5,109% to $X in 2021. Overall, consumption showed a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

In value terms, oils from coal tar production surged to $X in 2021 estimated in export price. Over the period under review, production recorded a significant increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by 668%. Oils from coal tar production peaked in 2021 and is likely to see steady growth in the immediate term.

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

Exports from Belgium

For the sixth consecutive year, Belgium recorded growth in shipments abroad of oils and other products of the distillation of high temperature coal tar, which increased by 11% to X tons in 2021. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 101%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, oils from coal tar exports skyrocketed to $X in 2021. Overall, exports enjoyed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for oils from coal tar exports from Belgium, accounting for a 38% share of total exports. Moreover, oils from coal tar exports to the Netherlands exceeded the volume sent to the second major destination, Turkey (X tons), eightfold. The third position in this ranking was taken by Germany (X tons), with a 3.5% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands stood at +12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+79.9% per year) and Germany (+5.7% per year).

In value terms, the Netherlands ($X) remains the key foreign market for oils and other products of the distillation of high temperature coal tar exports from Belgium, comprising 36% of total exports. The second position in the ranking was taken by Germany ($X), with a 5% share of total exports. It was followed by Turkey, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands stood at +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+1.6% per year) and Turkey (+62.6% per year).

Export Prices by Country

In 2021, the average oils from coal tar export price amounted to $X per ton, surging by 49% against the previous year. In general, the export price, however, showed a deep downturn. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Greece ($X per ton), while the average price for exports to Malta ($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 Gibraltar (+0.3%), 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 Belgium

In 2021, supplies from abroad of oils and other products of the distillation of high temperature coal tar increased by 21% to X tons, rising for the sixth year in a row after two years of decline. In general, imports saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 123%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, oils from coal tar imports soared to $X in 2021. Over the period under review, imports saw a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), the UK (X tons) and Germany (X tons) were the main suppliers of oils from coal tar imports to Belgium, with a combined 51% share of total imports. Russia, France, Sweden, Turkey and Italy lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +88.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and the UK ($X) were the largest oils from coal tar suppliers to Belgium, with a combined 51% share of total imports. These countries were followed by Russia, Turkey, France, Sweden and Italy, which together accounted for a further 27%.

In terms of the main suppliers, Turkey, with a CAGR of +81.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average oils from coal tar import price amounted to $X per ton, with an increase of 69% against the previous year. Over the period under review, the import price, however, recorded a abrupt decrease. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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