Colombia: 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 Colombia

The Colombian oils from coal tar market skyrocketed to $X in 2021, increasing by 21% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a abrupt downturn. Oils from coal tar consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

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

Exports from Colombia

In 2021, approx. X tons of oils and other products of the distillation of high temperature coal tar were exported from Colombia; growing by 144% against 2020 figures. Over the period under review, exports, however, saw a abrupt contraction. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, oils from coal tar exports surged to $X in 2021. In general, exports, however, faced a abrupt decline. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Guatemala (X tons), Venezuela (X tons) and the United States (X tons) were the main destinations of oils from coal tar exports from Colombia, together comprising 76% of total exports. These countries were followed by Ecuador, Brazil and the Netherlands, which together accounted for a further 18%.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +141.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Guatemala ($X) emerged as the key foreign market for oils and other products of the distillation of high temperature coal tar exports from Colombia, comprising 36% of total exports. The second position in the ranking was taken by the United States ($X), with a 17% share of total exports. It was followed by Venezuela, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Guatemala stood at +9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-26.9% per year) and Venezuela (-7.5% per year).

Export Prices by Country

The average oils from coal tar export price stood at $X per ton in 2021, increasing by 13% against the previous year. Over the period under review, the export price, however, saw a mild descent. The growth pace was the most rapid in 2018 an increase of 46% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Venezuela ($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 United States (-2.0%), 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 Colombia

In 2021, approx. X tons of oils and other products of the distillation of high temperature coal tar were imported into Colombia; growing by 49% compared with the year before. Over the period under review, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 528%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, oils from coal tar imports surged to $X in 2021. Overall, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2017 when imports increased by 399% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X tons), Israel (X tons) and Brazil (X tons) were the main suppliers of oils from coal tar imports to Colombia, with a combined 31% share of total imports. These countries were followed by Venezuela, the Netherlands and the UK, which together accounted for a further 7.5%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +35.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) constituted the largest supplier of oils and other products of the distillation of high temperature coal tar to Colombia, comprising 26% of total imports. The second position in the ranking was held by Israel ($X), with an 8.1% share of total imports. It was followed by Brazil, with an 8% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled -15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (-1.3% per year) and Brazil (-3.1% per year).

Import Prices by Country

The average oils from coal tar import price stood at $X per ton in 2021, with a decrease of -13.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 47% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average 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 the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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