Turkey: 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 Turkey

In 2021, the Turkish oils from coal tar market decreased by -92.1% to $X, falling for the third consecutive year after two years of growth. Overall, consumption continues to indicate a significant decrease. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, oils from coal tar production rose significantly to $X in 2021 estimated in export price. Over the period under review, production showed a mild decline. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

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

Exports from Turkey

In 2021, the amount of oils and other products of the distillation of high temperature coal tar exported from Turkey soared to X tons, growing by 90% compared with the previous year. In general, exports showed a significant increase. The growth pace was the most rapid in 2019 when exports increased by 295%. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, oils from coal tar exports surged to $X in 2021. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 364% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Belgium (X tons), the Netherlands (X tons) and Greece (X tons) were the main destinations of oils from coal tar exports from Turkey.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +27,061,537.4%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) remains the key foreign market for oils and other products of the distillation of high temperature coal tar exports from Turkey, comprising 51% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 19% share of total exports. It was followed by Greece, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Belgium stood at +117.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+19.4% per year) and Greece (+334.5% per year).

Export Prices by Country

In 2021, the average oils from coal tar export price amounted to $X per ton, growing by 78% against the previous year. Over the period under review, the export price, however, showed a slight slump. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a 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 the United States ($X per ton), while the average price for exports to the Netherlands ($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 Spain (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Turkey

In 2021, approx. X tons of oils and other products of the distillation of high temperature coal tar were imported into Turkey; jumping by 116% compared with the previous year's figure. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, oils from coal tar imports surged to $X in 2021. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Israel (X tons) constituted the largest oils from coal tar supplier to Turkey, accounting for a 49% share of total imports. Moreover, oils from coal tar imports from Israel exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold. Ukraine (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Israel amounted to +52.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+25.3% per year) and Ukraine (+13.3% per year).

In value terms, Israel ($X) constituted the largest supplier of oils and other products of the distillation of high temperature coal tar to Turkey, comprising 48% of total imports. The second position in the ranking was held by Spain ($X), with a 14% share of total imports. It was followed by Italy, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value from Israel amounted to +45.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+19.6% per year) and Italy (+65.6% per year).

Import Prices by Country

The average oils from coal tar import price stood at $X per ton in 2021, rising by 42% against the previous year. Overall, the import price, however, showed a noticeable reduction. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, 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 Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+276.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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