Japan: 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 Japan

In 2021, the Japanese oils from coal tar market increased by 1.4% to $X, rising for the fourth consecutive year after five years of decline. Overall, consumption faced a sharp downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, oils from coal tar production amounted to $X in 2021 estimated in export price. Overall, production saw a abrupt descent. Oils from coal tar production peaked at $X in 2012; however, from 2013 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 Japan

In 2021, approx. X tons of oils and other products of the distillation of high temperature coal tar were exported from Japan; waning by -5.8% compared with the previous year's figure. Over the period under review, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 69%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, oils from coal tar exports soared to $X in 2021. Overall, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -18.8% against 2018 indices. The growth pace was the most rapid in 2014 when exports increased by 46% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

South Korea (X tons) was the main destination for oils from coal tar exports from Japan, accounting for a 58% share of total exports. Moreover, oils from coal tar exports to South Korea exceeded the volume sent to the second major destination, China (X tons), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to South Korea amounted to +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+10.4% per year) and Taiwan (Chinese) (+27.4% per year).

In value terms, South Korea ($X) remains the key foreign market for oils and other products of the distillation of high temperature coal tar exports from Japan, comprising 57% of total exports. The second position in the ranking was taken by China ($X), with a 22% share of total exports. It was followed by Taiwan (Chinese), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to South Korea stood at +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+4.5% per year) and Taiwan (Chinese) (+19.9% per year).

Export Prices by Country

In 2021, the average oils from coal tar export price amounted to $X per ton, picking up by 43% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt shrinkage. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were China ($X per ton) and Taiwan (Chinese) ($X per ton), while the average price for exports to the United States ($X per ton) and South Korea ($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 China (-5.3%), 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 Japan

In 2021, supplies from abroad of oils and other products of the distillation of high temperature coal tar increased by 22% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, recorded a deep slump. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, oils from coal tar imports soared to $X in 2021. Overall, imports, however, recorded a abrupt contraction. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, South Korea (X tons) constituted the largest oils from coal tar supplier to Japan, with a 45% share of total imports. Moreover, oils from coal tar imports from South Korea exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from South Korea stood at +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+0.7% per year) and Taiwan (Chinese) (+6.7% per year).

In value terms, South Korea ($X) constituted the largest supplier of oils and other products of the distillation of high temperature coal tar to Japan, comprising 43% of total imports. The second position in the ranking was taken by Australia ($X), with a 14% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from South Korea stood at -6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-3.3% per year) and China (-12.8% per year).

Import Prices by Country

In 2021, the average oils from coal tar import price amounted to $X per ton, jumping by 24% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2018 an increase of 30%. Over the period under review, average import prices attained 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 origin: amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+5.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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