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

Contents:

1. Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Vietnam (CIF) - 2022
2. Imports of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Vietnam

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

In 2022, the average import price for petroleum coke; calcined, obtained from bituminous mineralses amounted to $925 per ton, picking up by 46% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 increased by +141.6% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 65%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($925 per ton), while the price for China amounted to $925 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas purchases of petroleum coke; calcined, obtained from bituminous mineralses decreased by -44.7% to 3.2K tons, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 13% against the previous year. As a result, imports attained the peak of 6.4K 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 shrank dramatically to $3M in 2022. Over the period under review, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, imports reached the peak of $3.7M, and then reduced rapidly in the following year.

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

1. China (2.7K tons)
2. South Korea (0.5K tons)

Source: IndexBox Market Intelligence Platform