Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Spain - 2023

Contents:

1. Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Spain (CIF) - 2023
2. Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Spain (FOB) - 2023
3. Imports of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Spain
4. Exports of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Spain

Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Spain (CIF) - 2023

The average import price for petroleum coke; calcined, obtained from bituminous mineralses stood at $1,067 per ton in August 2023, shrinking by -29.6% against the previous month. Overall, the import price, however, recorded tangible growth. The growth pace was the most rapid in July 2023 when the average import price increased by 498% month-to-month. Over the period under review, average import prices hit record highs at $2,180 per ton in February 2023; however, from March 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($20,884 per ton), while the price for the UK ($832 per ton) was amongst the lowest.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Spain (FOB) - 2023

In August 2023, the average export price for petroleum coke; calcined, obtained from bituminous mineralses amounted to $1,358 per ton, surging by 404% against the previous month. In general, the export price, however, recorded a deep reduction. Over the period under review, the average export prices reached the peak figure at $3,705 per ton in December 2022; however, from January 2023 to August 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($2,856 per ton), while the average price for exports to Germany amounted to $1,251 per ton.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (0.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of petroleum coke; calcined, obtained from bituminous mineralses imported into Spain rose modestly to 331K tons, surging by 4.1% compared with 2021 figures. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 94%. As a result, imports attained the peak of 360K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of petroleum coke; calcined, obtained from bituminous mineralses skyrocketed to $332M in 2022. Overall, imports, however, saw a relatively flat trend pattern.

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

1. Denmark (153.2K tons)
2. United States (88.6K tons)
3. China (27.3K tons)
4. Netherlands (26.4K tons)
5. United Kingdom (16.5K tons)
6. Japan (10.2K tons)
7. Brazil (4.8K tons)

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

In 2022, the amount of petroleum coke; calcined, obtained from bituminous mineralses exported from Spain surged to 77K tons, picking up by 24% on 2021 figures. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 260%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of petroleum coke; calcined, obtained from bituminous mineralses soared to $35M in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 382% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Denmark (68.9K tons)
2. Norway (8.1K tons)

Source: IndexBox Market Intelligence Platform