Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Belgium - 2023

Contents:

1. Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Belgium (FOB) - 2023
2. Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Belgium (CIF) - 2022
3. Exports of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Belgium
4. Imports of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Belgium

Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Belgium (FOB) - 2023

In October 2023, the average export price for petroleum coke; (not calcined), obtained from bituminous mineralses amounted to $35.9 per ton, dropping by -78.3% against the previous month. In general, the export price showed a deep setback. The growth pace was the most rapid in February 2023 an increase of 25% m-o-m. The export price peaked at $257 per ton in October 2022; however, from November 2022 to October 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was the UK ($331 per ton), while the average price for exports to Jordan stood at $33.0 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for petroleum coke; (not calcined), obtained from bituminous mineralses stood at $211 per ton in 2022, surging by 77% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($266 per ton), while the price for France ($99 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 682K tons of petroleum coke; (not calcined), obtained from bituminous mineralses were exported from Belgium; falling by -19.4% compared with 2021 figures. The total export volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. As a result, the exports attained the peak of 846K tons, and then declined notably in the following year.

In value terms, exports of petroleum coke; (not calcined), obtained from bituminous mineralses skyrocketed to $145M in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 93%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. France (95.5K tons)
2. Ireland (86.2K tons)
3. Germany (84.6K tons)
4. China (82.8K tons)
5. Italy (61.7K tons)
6. Israel (54.5K tons)
7. Finland (36.6K tons)
8. United States (35.0K tons)
9. Egypt (34.1K tons)
10. Denmark (23.3K tons)
11. United Kingdom (20.2K tons)
12. Spain (19.8K tons)
13. Netherlands (3.7K tons)

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

In 2022, imports of petroleum coke; (not calcined), obtained from bituminous mineralses into Belgium dropped notably to 187K tons, with a decrease of -35.4% on the previous year's figure. Over the period under review, imports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 34%.

In value terms, imports of petroleum coke; (not calcined), obtained from bituminous mineralses expanded significantly to $39M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.4% 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 increased by +98.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

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

1. Germany (66.1K tons)
2. Netherlands (41.1K tons)
3. United States (40.3K tons)
4. Russia (18.7K tons)
5. Canada (12.8K tons)
6. France (5.3K tons)
7. Spain (2.6K tons)

Source: IndexBox Market Intelligence Platform