Eastern Europe: 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 Eastern Europe

The East European oils from coal tar market surged to $X in 2021, picking up by 207% against the previous year. In general, consumption saw buoyant growth. 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 Eastern Europe

In value terms, oils from coal tar production expanded notably to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt decline. The growth pace was the most rapid in 2017 with an increase of 19%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

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

Exports in Eastern Europe

In 2021, shipments abroad of oils and other products of the distillation of high temperature coal tar decreased by -37.2% to X tons, falling for the second consecutive year after eight years of growth. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by 107%. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, oils from coal tar exports stood at $X in 2021. In general, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2018 when exports increased by 128% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Estonia (X tons) was the main exporter of oils and other products of the distillation of high temperature coal tar, mixing up 59% of total exports. Poland (X tons) ranks second in terms of the total exports with an 18% share, followed by Belarus (6.2%). Slovakia (X tons), Bulgaria (X tons), Ukraine (X tons) and Hungary (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to oils from coal tar exports from Estonia stood at +57.8%. At the same time, Bulgaria (+107.8%), Poland (+29.5%), Slovakia (+21.5%), Hungary (+19.2%) and Belarus (+18.2%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +107.8% from 2012-2021. By contrast, Ukraine (-3.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Estonia, Poland and Bulgaria increased by +53, +8.2 and +2.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Estonia ($X) remains the largest oils from coal tar supplier in Eastern Europe, comprising 57% of total exports. The second position in the ranking was taken by Poland ($X), with a 19% share of total exports. It was followed by Slovakia, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value in Estonia totaled +43.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+20.0% per year) and Slovakia (+12.4% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, growing by 61% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt shrinkage. The level of export peaked 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 origin: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (-5.0%), while the other leaders experienced a decline in the export price figures.

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

Imports in Eastern Europe

Oils from coal tar imports soared to X tons in 2021, rising by 76% compared with the previous year. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 118% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, oils from coal tar imports soared to $X in 2021. In general, imports enjoyed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Estonia dominates imports structure, amounting to X tons, which was approx. 82% of total imports in 2021. It was distantly followed by Poland (X tons), constituting a 5.9% share of total imports. Lithuania (X tons), Russia (X tons), Hungary (X tons) and Bulgaria (X tons) followed a long way behind the leaders.

Imports into Estonia increased at an average annual rate of +50.2% from 2012 to 2021. At the same time, Lithuania (+75.5%), Hungary (+13.2%), Bulgaria (+11.1%) and Poland (+7.0%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +75.5% from 2012-2021. Russia experienced a relatively flat trend pattern. Estonia (+64 p.p.) and Lithuania (+2.6 p.p.) significantly strengthened its position in terms of the total imports, while Hungary, Bulgaria, Russia and Poland saw its share reduced by -3.4%, -4.1%, -14.9% and -20.6% from 2012 to 2021, respectively.

In value terms, Estonia ($X) constitutes the largest market for imported oils and other products of the distillation of high temperature coal tar in Eastern Europe, comprising 75% of total imports. The second position in the ranking was taken by Poland ($X), with a 9% share of total imports. It was followed by Lithuania, with a 3.9% share.

In Estonia, oils from coal tar imports increased at an average annual rate of +37.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Poland (+4.4% per year) and Lithuania (+76.3% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, growing by 47% against the previous year. Over the period under review, the import price, however, continues to indicate a deep setback. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while Estonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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