Price for Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in South Korea - 2022

Contents:

  1. Price for Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in South Korea (FOB) - 2022
  2. Price for Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in South Korea (CIF) - 2022
  3. Exports of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in South Korea
  4. Imports of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in South Korea

Price for Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in South Korea (FOB) - 2022

The average export price for pitch coke; obtained from coal tar or from other mineral tarses stood at $989 per ton in December 2022, falling by -2.4% against the previous month. Overall, export price indicated a mild increase from December 2021 to December 2022: its price increased at an average monthly rate of +1.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, export price for pitch coke; obtained from coal tar or from other mineral tarses increased by +13.8% against September 2022 indices. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 22% m-o-m. Over the period under review, the average export prices attained the maximum at $1,516 per ton in June 2022; however, from July 2022 to December 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In December 2022, the country with the highest price was China ($1,013 per ton), while the average price for exports to Malaysia totaled $712 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.3%).

Price for Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in South Korea (CIF) - 2022

The average import price for pitch coke; obtained from coal tar or from other mineral tarses stood at $1,607 per ton in December 2022, surging by 10% against the previous month. Overall, the import price posted a prominent increase. The growth pace was the most rapid in January 2022 when the average import price increased by 183% m-o-m. As a result, import price attained the peak level of $2,023 per ton. From February 2022 to December 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was Japan ($1,620 per ton), while the price for China totaled $1,408 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in South Korea

In 2022, the amount of pitch coke; obtained from coal tar or from other mineral tarses exported from South Korea declined rapidly to 54K tons, waning by -19.1% against the previous year. Over the period under review, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 163% against the previous year.

In value terms, exports of pitch coke; obtained from coal tar or from other mineral tarses totaled $61M in 2022. In general, exports faced a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 103% against the previous year.

Export of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China96.927.957.258.2-15.6%
GermanyN/A0.10.51.3260.6%
Netherlands1.8N/AN/AN/A0%
Others2.11.01.11.0-21.9%
Total10129.058.960.5-15.7%

Top Export Markets for Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars from South Korea in 2022:

  1. China (51.3K tons)
  2. Germany (1.4K tons)

Imports of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in South Korea

In 2022, the amount of pitch coke; obtained from coal tar or from other mineral tarses imported into South Korea reduced to 7.9K tons, dropping by -7.9% compared with the year before. Overall, imports recorded a pronounced shrinkage. The growth pace was the most rapid in 2021 when imports increased by 23%.

In value terms, imports of pitch coke; obtained from coal tar or from other mineral tarses rose to $8.2M in 2022. Over the period under review, imports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year.

Import of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan8.25.96.77.6-2.5%
China1.00.71.10.6-15.7%
South AfricaN/AN/A0.10.10.0%
OthersN/AN/AN/AN/A0%
Total9.26.77.98.2-3.8%

Top Suppliers of Pitch Coke; Obtained from Coal Tar or from Other Mineral Tars to South Korea in 2022:

  1. Japan (7.1K tons)
  2. China (0.7K tons)
  3. South Africa (0.2K tons)

Source: IndexBox Market Intelligence Platform

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