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

Contents:

1. Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Ethiopia (CIF) - 2022
2. Imports of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Ethiopia

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

In 2022, the average import price for petroleum coke; (not calcined), obtained from bituminous mineralses amounted to $159 per ton, shrinking by -19.9% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 83% against the previous year. As a result, import price reached the peak level of $198 per ton, and then contracted significantly in the following year.

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 India ($308 per ton), while the price for South Africa ($125 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, imports of petroleum coke; (not calcined), obtained from bituminous mineralses into Ethiopia was estimated at 70K tons, picking up by 13% compared with 2021. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.3% 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 -24.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 72%. As a result, imports reached the peak of 92K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of petroleum coke; (not calcined), obtained from bituminous mineralses contracted to $11M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.6% 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 +71.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 54%.

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

1. South Africa (55.9K tons)
2. United States (13.6K tons)

Source: IndexBox Market Intelligence Platform