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

Contents:

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

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

In December 2021, the average import price for petroleum coke; (not calcined), obtained from bituminous mineralses amounted to $202 per ton, surging by 32% against the previous month. Over the period under review, the import price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in May 2021 when the average import price increased by 507% m-o-m. Over the period under review, average import prices attained the maximum at $971 per ton in October 2021; however, from November 2021 to December 2021, import prices remained at a lower figure.

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

From April 2021 to December 2021, the rate of growth in terms of prices for Saudi Arabia amounted to +5.9% per month.

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

In 2022, the average export price for petroleum coke; (not calcined), obtained from bituminous mineralses amounted to $267 per ton, which is down by -4.7% against the previous year. In general, the export price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 24% against the previous year. The export price peaked at $502 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($294 per ton), while the average price for exports to Zambia amounted to $217 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (-1.1%).

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

In 2022, overseas purchases of petroleum coke; (not calcined), obtained from bituminous mineralses increased by 5.3% to 56K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a deep downturn.

In value terms, imports of petroleum coke; (not calcined), obtained from bituminous mineralses surged to $12M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.8% 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 +51.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Saudi Arabia (49.5K tons)
2. United States (5.5K tons)
3. Germany (0.9K tons)

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

In 2022, approx. 9.7K tons of petroleum coke; (not calcined), obtained from bituminous mineralses were exported from Tanzania; growing by 14% compared with the year before. The total export volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, the exports attained the peak of 11K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of petroleum coke; (not calcined), obtained from bituminous mineralses amounted to $2.6M in 2022. The total export value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. As a result, the exports reached the peak of $2.8M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Burundi (6.3K tons)
2. Zambia (3.4K tons)

Source: IndexBox Market Intelligence Platform