Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Egypt - 2023

Contents:

1. Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Egypt (CIF) - 2022
2. Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Egypt (FOB) - 2023
3. Imports of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Egypt
4. Exports of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Egypt

Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Egypt (CIF) - 2022

The average import price for petroleum coke; calcined, obtained from bituminous mineralses stood at $906 per ton in 2022, with an increase of 54% against the previous year. Over the period under review, the import price recorded a notable expansion. The pace of growth appeared the most rapid in 2015 when the average import price increased by 91% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($906 per ton) and Trinidad and Tobago ($906 per ton), while the price for Kuwait ($906 per ton) and Spain ($906 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+41.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Egypt (FOB) - 2023

In June 2023, the average export price for petroleum coke; calcined, obtained from bituminous mineralses amounted to $955 per ton, standing approximately at the previous month. Over the period under review, the export price saw a modest increase. The export price peaked in June 2023.

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

From December 2022 to June 2023, the rate of growth in terms of prices for Saudi Arabia amounted to +1.3% per month.

Imports of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Egypt

In 2022, approx. 136K tons of petroleum coke; calcined, obtained from bituminous mineralses were imported into Egypt; jumping by 43% compared with 2021. Over the period under review, imports, however, recorded a deep setback.

In value terms, imports of petroleum coke; calcined, obtained from bituminous mineralses surged to $123M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Petroleum Coke; Calcined, Obtained from Bituminous Minerals to Egypt in 2022:

1. Spain (48.7K tons)
2. Kuwait (32.0K tons)
3. United States (25.1K tons)
4. Germany (24.1K tons)
5. Trinidad and Tobago (5.9K tons)

Exports of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Egypt

After three years of growth, overseas shipments of petroleum coke; calcined, obtained from bituminous mineralses decreased by -44.5% to 10K tons in 2022. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 194%.

In value terms, exports of petroleum coke; calcined, obtained from bituminous mineralses dropped dramatically to $9.3M in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 436%.

Top Export Markets for Petroleum Coke; Calcined, Obtained from Bituminous Minerals from Egypt in 2022:

1. Saudi Arabia (7.3K tons)
2. Netherlands (3.2K tons)

Source: IndexBox Market Intelligence Platform