Peru: 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 Peru

In 2021, the Peruvian oils from coal tar market decreased by -34.7% to $X, falling for the second year in a row after four years of growth. Overall, consumption showed a slight descent. Oils from coal tar consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

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

Exports from Peru

In 2021, shipments abroad of oils and other products of the distillation of high temperature coal tar increased by 212% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports saw strong growth. The growth pace was the most rapid in 2017 with an increase of 259% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, oils from coal tar exports surged to $X in 2021. Over the period under review, exports posted a buoyant increase. The pace of growth was the most pronounced in 2017 when exports increased by 404% 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

The Netherlands (X tons), Chile (X tons) and Ecuador (X tons) were the main destinations of oils from coal tar exports from Peru, with a combined 61% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +311.9%), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), the Netherlands ($X) and Ecuador ($X) were the largest markets for oils from coal tar exported from Peru worldwide, with a combined 64% share of total exports.

The Netherlands, with a CAGR of +300.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average oils from coal tar export price amounted to $X per ton, with a decrease of -44.8% against the previous year. Overall, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 40%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to the Netherlands ($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 Ecuador (+6.1%), 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 Peru

In 2021, purchases abroad of oils and other products of the distillation of high temperature coal tar decreased by -31% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, imports, however, saw a measured expansion. The pace of growth appeared the most rapid in 2017 with an increase of 40%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, oils from coal tar imports fell notably to $X in 2021. Overall, imports saw a pronounced downturn. The most prominent rate of growth was recorded in 2017 with an increase of 72% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of oils from coal tar to Peru, accounting for a 85% share of total imports. Moreover, oils from coal tar imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold. The third position in this ranking was held by Germany (X tons), with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-10.6% per year) and Germany (+25.1% per year).

In value terms, the United States ($X) constituted the largest supplier of oils and other products of the distillation of high temperature coal tar to Peru, comprising 83% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 4.5% share of total imports. It was followed by Germany, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-14.6% per year) and Germany (+23.2% per year).

Import Prices by Country

The average oils from coal tar import price stood at $X per ton in 2021, with a decrease of -6.6% against the previous year. Overall, the import price showed a noticeable contraction. The most prominent rate of growth was recorded in 2017 an increase of 23%. The import price peaked 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 India ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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