Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Bahrain - 2022

Contents:

1. Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Bahrain (CIF) - 2022
2. Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Bahrain (FOB) - 2022
3. Imports of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Bahrain
4. Exports of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Bahrain

Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Bahrain (CIF) - 2022

The average import price for petroleum coke; (not calcined), obtained from bituminous mineralses stood at $285 per ton in 2022, growing by 8.9% against the previous year. In general, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of 1,418%. Over the period under review, average import prices reached the peak figure at $4,048 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($575 per ton), while the price for Kuwait ($191 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Bahrain (FOB) - 2022

In 2022, the average export price for petroleum coke; (not calcined), obtained from bituminous mineralses amounted to $79 per ton, increasing by 2.9% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for petroleum coke; (not calcined), obtained from bituminous mineralses increased by +2.3% against 2017 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 119% against the previous year. As a result, the export price reached the peak level of $116 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($95 per ton), while the average price for exports to the United Arab Emirates amounted to $58 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-0.8%).

Imports of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Bahrain

For the fourth consecutive year, Bahrain recorded growth in overseas purchases of petroleum coke; (not calcined), obtained from bituminous mineralses, which increased by 31% to 982K tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +26.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 46%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of petroleum coke; (not calcined), obtained from bituminous mineralses surged to $280M in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 72%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals to Bahrain in 2022:

1. Kuwait (698.2K tons)
2. Spain (220.5K tons)
3. Brazil (31.5K tons)
4. Sweden (31.5K tons)

Exports of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Bahrain

In 2022, after three years of growth, there was significant decline in shipments abroad of petroleum coke; (not calcined), obtained from bituminous mineralses, when their volume decreased by -6% to 447 tons. The total export volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. As a result, the exports attained the peak of 476 tons, and then declined in the following year.

In value terms, exports of petroleum coke; (not calcined), obtained from bituminous mineralses dropped slightly to $35K in 2022. The total export value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 6.9% against the previous year.

Top Export Markets for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals from Bahrain in 2022:

1. India (254.9 tons)
2. United Arab Emirates (192.5 tons)

Source: IndexBox Market Intelligence Platform