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

Contents:

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

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

The average export price for petroleum coke; (not calcined), obtained from bituminous mineralses stood at $206 per ton in 2022, reducing by -3.6% against the previous year. Over the period under review, the export price saw a mild decrease. The most prominent rate of growth was recorded in 2021 an increase of 41%. Over the period under review, the average export prices reached the maximum at $250 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($257 per ton), while the average price for exports to the United States ($140 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for petroleum coke; (not calcined), obtained from bituminous mineralses amounted to $342 per ton, falling by -2.2% against the previous year. Over the period under review, the import price showed a pronounced decrease. The pace of growth appeared the most rapid in 2017 when the average import price increased by 50%. The import price peaked at $433 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.3% per year.

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

In 2022, overseas shipments of petroleum coke; (not calcined), obtained from bituminous mineralses decreased by -22.1% to 619K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +4.6% 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 +14.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, the exports attained the peak of 795K tons, and then dropped dramatically in the following year.

In value terms, exports of petroleum coke; (not calcined), obtained from bituminous mineralses fell notably to $128M in 2022. Over the period under review, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 99%. As a result, the exports reached the peak of $170M, and then reduced remarkably in the following year.

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

1. Bahrain (234.2K tons)
2. India (152.7K tons)
3. China (150.7K tons)
4. United States (43.6K tons)
5. Indonesia (35.7K tons)

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

In 2022, after three years of growth, there was significant decline in overseas purchases of petroleum coke; (not calcined), obtained from bituminous mineralses, when their volume decreased by -36.2% to 2.6K tons. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 262%. As a result, imports attained the peak of 4K tons, and then reduced rapidly in the following year.

In value terms, imports of petroleum coke; (not calcined), obtained from bituminous mineralses declined rapidly to $874K in 2022. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 302% against the previous year.

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

1. United States (2.6K tons)

Source: IndexBox Market Intelligence Platform