Pakistan: 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 Pakistan

The Pakistani oils from coal tar market surged to $X in 2021, rising by 51% 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). Over the period under review, consumption posted a strong expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

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

Exports from Pakistan

In 2021, the amount of oils and other products of the distillation of high temperature coal tar exported from Pakistan soared to X tons, with an increase of 36% compared with the previous year. Over the period under review, exports recorded a strong expansion. The pace of growth was the most pronounced in 2013 with an increase of 10,385%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, oils from coal tar exports expanded remarkably to $X in 2021. In general, exports, however, continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2013 with an increase of 13,258%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for oils from coal tar exports from Pakistan, with a 69% share of total exports. Moreover, oils from coal tar exports to the United Arab Emirates exceeded the volume sent to the second major destination, Malaysia (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates totaled +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+731.8% per year) and Sri Lanka (+165.2% per year).

In value terms, the United Arab Emirates ($X), Malaysia ($X) and Sri Lanka ($X) were the largest markets for oils from coal tar exported from Pakistan worldwide, with a combined 100% share of total exports.

Among the main countries of destination, Malaysia, with a CAGR of +96.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average oils from coal tar export price amounted to $X per ton, with a decrease of -20.8% against the previous year. Overall, the export price recorded a abrupt descent. The growth pace was the most rapid in 2013 when the average export price increased by 27% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-15.6%), 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 Pakistan

In 2021, approx. X tons of oils and other products of the distillation of high temperature coal tar were imported into Pakistan; growing by 50% on the previous year. Over the period under review, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 88% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, oils from coal tar imports skyrocketed to $X in 2021. Overall, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Qatar (X tons), Saudi Arabia (X tons) and Turkey (X tons) were the main suppliers of oils from coal tar imports to Pakistan, together accounting for 70% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of +25.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest oils from coal tar suppliers to Pakistan were Saudi Arabia ($X), Qatar ($X) and South Korea ($X), with a combined 73% share of total imports.

Saudi Arabia, with a CAGR of +36.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average oils from coal tar import price stood at $X per ton in 2021, standing approx. at the previous year. In general, the import price, however, recorded a deep setback. The growth pace was the most rapid in 2019 when the average import price increased by 66% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Qatar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :