EU: Market for Oils And Other Products Of The Distillation Of High Temperature Coal Tar 2024

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

The EU oils from coal tar market reached $X in 2021, increasing by 1.7% against the previous year. In general, consumption recorded a deep contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

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

In value terms, oils from coal tar production expanded notably to $X in 2021 estimated in export price. Over the period under review, production recorded a perceptible contraction. The pace of growth appeared the most rapid in 2017 with an increase of 21% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

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

Exports in the EU

In 2021, shipments abroad of oils and other products of the distillation of high temperature coal tar increased by 28% to X tons, rising for the second year in a row after two years of decline. Overall, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 94% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, oils from coal tar exports skyrocketed to $X in 2021. In general, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 91% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

In 2021, the Netherlands (X tons), distantly followed by Belgium (X tons), Estonia (X tons), Germany (X tons), Denmark (X tons), France (X tons) and Spain (X tons) were the main exporters of oils and other products of the distillation of high temperature coal tar, together creating 87% of total exports.

From 2012 to 2021, the biggest increases were recorded for Estonia (with a CAGR of +57.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 60% of total exports. These countries were followed by Estonia, Spain, Denmark and France, which together accounted for a further 26%.

Estonia, with a CAGR of +43.8%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, surging by 47% against the previous year. Overall, the export price, however, recorded a deep contraction. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Spain ($X per ton) and Germany ($X per ton), while Estonia ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-6.1%), 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 the EU

For the sixth consecutive year, the European Union recorded growth in supplies from abroad of oils and other products of the distillation of high temperature coal tar, which increased by 25% to X tons in 2021. Over the period under review, imports showed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 59%. The volume of import peaked in 2021 and is likely to see steady growth in years to come.

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

Imports by Country

In 2021, the Netherlands (X tons), distantly followed by Belgium (X tons), Estonia (X tons) and Germany (X tons) represented the major importers of oils and other products of the distillation of high temperature coal tar, together creating 80% of total imports. The following importers - Spain (X tons), Denmark (X tons) and France (X tons) - each recorded a 9.6% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +63.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Estonia ($X) constituted the countries with the highest levels of imports in 2021, together comprising 71% of total imports. These countries were followed by Germany, Spain, Denmark and France, which together accounted for a further 18%.

In terms of the main importing countries, Spain, with a CAGR of +47.4%, saw the highest growth rate of 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

The import price in the European Union stood at $X per ton in 2021, growing by 53% against the previous year. Over the period under review, the import price, however, saw a abrupt slump. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Belgium ($X per ton) and Spain ($X per ton), while Estonia ($X per ton) and Denmark ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-6.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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