Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Iran - 2022

Contents:

  1. Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Iran (CIF) - 2022
  2. Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Iran (FOB) - 2022
  3. Imports of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Iran
  4. Exports of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Iran

Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Iran (CIF) - 2022

The average import price for petroleum coke; calcined, obtained from bituminous mineralses stood at $422 per ton in 2022, picking up by 2% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for petroleum coke; calcined, obtained from bituminous mineralses decreased by -28.1% against 2018 indices. The growth pace was the most rapid in 2018 an increase of 49% against the previous year. As a result, import price attained the peak level of $587 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($500 per ton) and the United Arab Emirates ($459 per ton), while the price for Turkmenistan ($350 per ton) and Turkey ($373 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Iran (FOB) - 2022

In 2021, the average export price for petroleum coke; calcined, obtained from bituminous mineralses amounted to $98 per ton, almost unchanged from the previous year. Over the period under review, the export price faced a abrupt descent. The pace of growth appeared the most rapid in 2018 when the average export price increased by 15%. Over the period under review, the average export prices attained the maximum at $590 per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kuwait.

From 2012 to 2021, the rate of growth in terms of prices for South Korea amounted to +7.9% per year.

Imports of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Iran

Imports of petroleum coke; calcined, obtained from bituminous mineralses into Iran soared to 67K tons in 2022, rising by 41% on the year before. Overall, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 49%. As a result, imports reached the peak of 87K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of petroleum coke; calcined, obtained from bituminous mineralses soared to $28M in 2022. In general, imports, however, saw a slight setback.

Import of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.224.914.111.8-11.8%
Turkey1.03.23.27.999.2%
Turkmenistan5.94.42.15.1-4.7%
United Arab Emirates5.04.20.23.1-14.7%
Others0.30.40.20.410.1%
Total29.537.019.728.3-1.4%

Top Suppliers of Petroleum Coke; Calcined, Obtained from Bituminous Minerals to Iran in 2022:

  1. China (23.5K tons)
  2. Turkey (21.1K tons)
  3. Turkmenistan (14.7K tons)
  4. United Arab Emirates (6.8K tons)

Exports of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Iran

In 2021, the amount of petroleum coke; calcined, obtained from bituminous mineralses exported from Iran was estimated at 303 tons, approximately equating the previous year's figure. Over the period under review, exports showed a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, exports of petroleum coke; calcined, obtained from bituminous mineralses amounted to $30K in 2021. Overall, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2021 and are likely to see steady growth in the near future.

Export of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Iran (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
KuwaitN/AN/A29.60%
South Korea10.5N/AN/A0%
OthersN/AN/AN/A0%
Total10.5N/A29.667.9%

Top Export Markets for Petroleum Coke; Calcined, Obtained from Bituminous Minerals from Iran in 2022:

  1. Kuwait (303.0 tons)

Source: IndexBox Market Intelligence Platform

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