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

Contents:

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

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

The average import price for petroleum coke; calcined, obtained from bituminous mineralses stood at $510 per ton in 2022, leveling off at the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 54%. The import price peaked at $574 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,072 per ton), while the price for Switzerland ($396 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for petroleum coke; calcined, obtained from bituminous mineralses amounted to $2,357 per ton, rising by 17% against the previous year. Overall, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 an increase of 143%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +23.6% per year.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of petroleum coke; calcined, obtained from bituminous mineralses, when their volume decreased by -16.3% to 42K tons. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 94%.

In value terms, imports of petroleum coke; calcined, obtained from bituminous mineralses fell rapidly to $21M in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 102% against the previous year.

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

1. Switzerland (29.5K tons)
2. United States (8.6K tons)
3. China (3.1K tons)
4. India (0.7K tons)

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

For the third consecutive year, Venezuela recorded decline in overseas shipments of petroleum coke; calcined, obtained from bituminous mineralses, which decreased by -12.2% to 43 tons in 2022. Overall, exports faced a abrupt setback.

In value terms, exports of petroleum coke; calcined, obtained from bituminous mineralses rose to $101K in 2022. Over the period under review, exports recorded a pronounced downturn.

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

1. United States (42.7 tons)

Source: IndexBox Market Intelligence Platform