Northern America: Pitch Market 2020

Pitch Market Size in Northern America

The revenue of the pitch market in Northern America amounted to $X in 2017, waning by -X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2009, when it surged by X% y-o-y. The level of pitch consumption peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Pitch Production in Northern America

In 2017, the amount of pitch and pitch coke produced in Northern America stood at X tons, picking up by X% against the previous year. The pitch production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, with an increase of X% year-to-year. Over the period under review, the pitch production attained its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Pitch Exports in Northern America

In 2017, exports of pitch and pitch coke in Northern America totaled X tons, surging by X% against the previous year. The pitch exports continue to indicate a temperate shrinkage. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, pitch exports totaled $X in 2017. The pitch exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Pitch Exports by Country in Northern America

Canada represented the largest exporter of pitch and pitch coke in Northern America, with the volume of exports reaching X tons, which was near X% of total exports in 2017. It was distantly followed by the U.S. (X tons), committing X% share of total exports.

Canada was also the fastest growing in terms of the pitch and pitch coke exports, with a CAGR of +X% from 2007 to 2017. the U.S. (-X%) illustrated a downward trend over the same period. While the share of the U.S. (X%) increased significantly in terms of the global exports from 2007-2017, the share of Canada (-X%) displayed negative dynamics.

In value terms, Canada ($X) remains the largest pitch supplier in Northern America, making up X% of global exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in Canada stood at +X%.

Pitch Export Prices by Country in Northern America

In 2017, the pitch export price in Northern America amounted to $X per ton, waning by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009, when the export prices increased by X% y-o-y. The level of export price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Canada ($X per ton) and the U.S. ($X per ton), while the U.S. ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Canada (+X% per year).

Pitch Imports in Northern America

In 2017, the amount of pitch and pitch coke imported in Northern America stood at X tons, shrinking by -X% against the previous year. The pitch imports continue to indicate an abrupt slump. The growth pace was the most rapid in 2015, when imports increased by X% year-to-year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, pitch imports amounted to $X in 2017. The pitch imports continue to indicate a slight contraction. In that year, the pitch imports reached their peak level of $X. From 2013 to 2017, growth of the pitch imports failed to regain its momentum.

Pitch Imports by Country in Northern America

The U.S. represented the largest importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by Canada (X tons), creating X% share of total imports.

The U.S. was also the fastest growing in terms of the pitch and pitch coke imports, with a CAGR of -X% from 2007 to 2017. Canada (-X%) illustrated a downward trend over the same period. While the share of Canada (X%) and the U.S. (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported pitch and pitch coke in Northern America, making up X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports.

In the U.S., pitch imports expanded at an average annual rate of +X% over the period from 2007-2017.

Pitch Import Prices by Country in Northern America

The pitch import price in Northern America stood at $X per ton in 2017, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, an increase of X% year-to-year. The level of import price peaked of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in the U.S. ($X per ton) and Canada ($X per ton), while Canada ($X per ton) and the U.S. ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year).

Source: IndexBox Platform