Latvia: Market for Oils And Other Products Of The Distillation Of High Temperature Coal Tar 2019

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

The revenue of the oils from coal tar market in Latvia amounted to $X in 2018, rising by X% 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). Overall, oils from coal tar consumption continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Latvia oils from coal tar consumption peaked in 2018 and is expected to retain its growth in the immediate term.

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

Exports from Latvia

In 2018, the exports of oils and other products of the distillation of high temperature coal tar from Latvia stood at X tons, rising by X% against the previous year. Overall, oils from coal tar exports continue to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. In that year, oils from coal tar exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, oils from coal tar exports totaled $X in 2018. In general, oils from coal tar exports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. In that year, oils from coal tar exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, the Netherlands (X tons), distantly followed by Belgium (X tons), Russia (X tons), Japan (X tons), Germany (X tons) and South Korea (X tons) were the key exporters of oils and other products of the distillation of high temperature coal tar, together constituting X% of total exports. The following exporters - the U.S. (X tons), Angola (X tons), Thailand (X tons), the United Arab Emirates (X tons), Spain (X tons) and Indonesia (X tons) - together made up X% of total exports.

The Netherlands was also the fastest-growing in terms of the oils and other products of the distillation of high temperature coal tar exports, with a CAGR of +X% from 2007 to 2018. At the same time, Indonesia (+X%), Japan (+X%), Belgium (+X%), South Korea (+X%), the United Arab Emirates (+X%), Thailand (+X%), Angola (+X%), Spain (+X%) and Germany (+X%) displayed positive paces of growth. The U.S. experienced a relatively flat trend pattern. By contrast, Russia (-X%) illustrated a downward trend over the same period. While the share of the Netherlands (+X p.p.), Belgium (+X p.p.), Japan (+X p.p.), South Korea (+X p.p.), Thailand (+X p.p.), the United Arab Emirates (+X p.p.) and Indonesia (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Russia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest oils from coal tar supplier from Latvia, comprising X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Belgium, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the Netherlands totaled +X%. In the other countries, the average annual rates were as follows: Russia (-X% per year) and Belgium (+X% per year).

Export Prices by Country

The oils from coal tar export price in Latvia stood at $X per ton in 2018, lowering by -X% against the previous year. Over the period under review, the oils from coal tar export price continues to indicate an abrupt contraction. The pace of growth appeared the most rapid in 2013 an increase of X% year-to-year. Over the period under review, the export prices for oils and other products of the distillation of high temperature coal tar attained their maximum at $X per ton in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Russia ($X per ton), while Angola ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.

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

Imports into Latvia

In 2018, the imports of oils and other products of the distillation of high temperature coal tar into Latvia totaled X tons, rising by X% against the previous year. Over the period under review, oils from coal tar imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, oils from coal tar imports reached their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, oils from coal tar imports totaled $X in 2018. Over the period under review, oils from coal tar imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, oils from coal tar imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

China was the main importing country with an import of about X tons, which finished at X% of total imports. The Netherlands (X tons) ranks second in terms of the total imports with a X% share, followed by Belgium (X%) and South Korea (X%). Ecuador (X tons), Germany (X tons), India (X tons), Taiwan, Chinese (X tons), Thailand (X tons), Singapore (X tons), the United Arab Emirates (X tons) and the U.S. (X tons) occupied a relatively small share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported oils and other products of the distillation of high temperature coal tar into Latvia, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by Ecuador, with a X% share.

In China, oils from coal tar imports increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Ecuador (+X% per year).

Import Prices by Country

The oils from coal tar import price in Latvia stood at $X per ton in 2018, surging by X% against the previous year. In general, the oils from coal tar import price, however, continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. Over the period under review, the import prices for oils and other products of the distillation of high temperature coal tar reached their peak figure at $X per ton in 2013; however, from 2014 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Ecuador ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Ecuador, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform