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

Contents:

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

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

In October 2023, the average import price for petroleum coke; (not calcined), obtained from bituminous mineralses amounted to $139 per ton, leveling off at the previous month. Over the period under review, the import price, however, recorded a noticeable descent. The growth pace was the most rapid in January 2023 when the average import price increased by 16% against the previous month. As a result, import price attained the peak level of $247 per ton. From February 2023 to October 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Oman ($225 per ton), while the price for Switzerland ($116 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Switzerland (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In October 2023, the average export price for petroleum coke; (not calcined), obtained from bituminous mineralses amounted to $211 per ton, shrinking by -14.4% against the previous month. In general, the export price showed a deep reduction. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 117% against the previous month. The export price peaked at $484 per ton in January 2023; however, from February 2023 to October 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Bhutan ($426 per ton), while the average price for exports to Nepal stood at $201 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (0.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of petroleum coke; (not calcined), obtained from bituminous mineralses increased by 103% to 9.5M tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a perceptible decline.

In value terms, imports of petroleum coke; (not calcined), obtained from bituminous mineralses soared to $2.2B in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. United States (4.0M tons)
2. Saudi Arabia (3.6M tons)
3. Venezuela (0.5M tons)
4. Kuwait (0.4M tons)
5. Germany (0.3M tons)
6. United Arab Emirates (0.2M tons)
7. Malaysia (0.1M tons)

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

In 2022, the amount of petroleum coke; (not calcined), obtained from bituminous mineralses exported from India soared to 397K tons, surging by 17% compared with 2021. In general, exports, however, continue to indicate a abrupt downturn.

In value terms, exports of petroleum coke; (not calcined), obtained from bituminous mineralses soared to $58M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. China (208.9K tons)
2. United Arab Emirates (77.0K tons)
3. Nepal (62.9K tons)
4. United States (36.0K tons)
5. Oman (7.3K tons)
6. Bhutan (5.0K tons)

Source: IndexBox Market Intelligence Platform