In 2023, China led the global import of coal-tar distillation products including oils with a value of $12.143 billion, representing a 5.78% year-on-year increase. The Netherlands and Belgium followed with $4.3941 billion and $2.2568 billion, respectively, both experiencing modest growth. Significant percentages of decline were noticed in Japan (-23.27%) and the United Kingdom (-11.64%), while Denmark (47.37%) and Greece (50.59%) showed substantial increases. The United States saw a notable decrease of 7.46%.
Key future trends to watch include:
- Growth in environmental regulations may impact import volumes.
- Economic recovery and infrastructure projects post-pandemic could drive demand.
- Advancements in alternative energy sources potentially reducing reliance on coal-tar products.
Top countries in Import of Coal-Tar Distillation Products Including Oils by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 12,143,000,000 | 2023 | +4.21% | +5.78% | View data |
| 2 | 2 Netherlands | 4,394,100,000 | 2023 | +2.57% | +1.15% | View data |
| 3 | 3 Belgium | 2,256,800,000 | 2023 | +4.17% | +2.07% | View data |
| 4 | 4 Ecuador | 1,589,600,000 | 2023 | +1.67% | +0.38% | View data |
| 5 | 5 South Korea | 1,450,500,000 | 2023 | -0.31% | -0.48% | View data |
| 6 | 6 Estonia | 756,960,000 | 2023 | +6.17% | +1.38% | View data |
| 7 | 7 Germany | 735,160,000 | 2023 | -1.08% | -0.32% | View data |
| 8 | 8 India | 665,270,000 | 2023 | +4.61% | +2.49% | View data |
| 9 | 9 Indonesia | 632,800,000 | 2023 | +5.94% | +4.35% | View data |
| 10 | 10 Thailand | 539,300,000 | 2023 | +1.61% | +0.036% | View data |
