Indonesia: 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 Indonesia

In 2021, the Indonesian oils from coal tar market decreased by -81.5% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption saw a sharp decrease. Oils from coal tar 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 Indonesia

In value terms, oils from coal tar production expanded sharply to $X in 2021 estimated in export price. Overall, production saw a perceptible decline. The pace of growth was the most pronounced in 2018 with an increase of 8.5%. Oils from coal tar production peaked 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 Indonesia

In 2021, exports of oils and other products of the distillation of high temperature coal tar from Indonesia surged to X tons, growing by 27% on the year before. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 46% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

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

Exports by Country

China (X tons) was the main destination for oils from coal tar exports from Indonesia, accounting for a 80% share of total exports. Moreover, oils from coal tar exports to China exceeded the volume sent to the second major destination, Thailand (X tons), more than tenfold. The third position in this ranking was held by Singapore (X tons), with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume to China totaled +50.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-3.7% per year) and Singapore (+35.6% per year).

In value terms, China ($X) remains the key foreign market for oils and other products of the distillation of high temperature coal tar exports from Indonesia, comprising 78% of total exports. The second position in the ranking was held by Thailand ($X), with a 7.8% share of total exports. It was followed by Singapore, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +40.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-8.1% per year) and Singapore (+24.8% per year).

Export Prices by Country

In 2021, the average oils from coal tar export price amounted to $X per ton, growing by 36% against the previous year. Overall, the export price, however, showed a deep contraction. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Thailand ($X per ton) and Malaysia ($X per ton), while the average price for exports to China ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-3.5%), 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 Indonesia

In 2021, the amount of oils and other products of the distillation of high temperature coal tar imported into Indonesia surged to X tons, with an increase of 35% against 2020 figures. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 277%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, oils from coal tar imports soared to $X in 2021. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 375%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Thailand (X tons) constituted the largest oils from coal tar supplier to Indonesia, with a 22% share of total imports. Moreover, oils from coal tar imports from Thailand exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was taken by Singapore (X tons), with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand amounted to +27.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+814.5% per year) and Singapore (+44.8% per year).

In value terms, Thailand ($X) constituted the largest supplier of oils and other products of the distillation of high temperature coal tar to Indonesia, comprising 29% of total imports. The second position in the ranking was held by Japan ($X), with a 12% share of total imports. It was followed by South Korea, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value from Thailand amounted to +21.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+80.0% per year) and South Korea (+16.8% per year).

Import Prices by Country

In 2021, the average oils from coal tar import price amounted to $X per ton, with an increase of 42% against the previous year. In general, the import price, however, saw a deep contraction. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-4.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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