Market movement
In 2024, wood tar: wood tar oils: wood creosote: wood naphtha: vegetable pitch: brewers\' pitch and similar preparations based on rosin, resin acids or on vegetable pitch trade exhibited slight decline, with global flows reaching $144,397,525 and a three-year compound annual growth rate of +2.3% (five-year: +5.4%). The all-time peak of $403,098,762 was recorded in 2008; the current level is 64% below that high-water mark.
Over the 30-year observation window (1995–2024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+1.5% acceleration).
The World Trade Flows Characterization classifies wood tar: wood tar oils: wood creosote: wood naphtha: vegetable pitch: brewers\' pitch and similar preparations based on rosin, resin acids or on vegetable pitch as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.
