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

Contents:

  1. Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Latvia (CIF) - 2022
  2. Imports of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Latvia

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

In 2022, the average import price for petroleum coke; calcined, obtained from bituminous mineralses amounted to $5,305 per ton, reducing by -8.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2016 when the average import price increased by 25% against the previous year. Over the period under review, average import prices hit record highs at $5,778 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($6,302 per ton), while the price for Poland stood at $5,034 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+3.7%).

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

For the fourth consecutive year, Latvia recorded growth in purchases abroad of petroleum coke; calcined, obtained from bituminous mineralses, which increased by 56% to 2.8 tons in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 93%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of petroleum coke; calcined, obtained from bituminous mineralses surged to $15K in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 93% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland2.32.93.611.269.5%
Lithuania1.32.65.63.843.0%
SwedenN/AN/A1.1N/A0%
OthersN/AN/A0.2N/A0%
Total3.65.410.515.060.9%

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

  1. Poland (2.2 tons)
  2. Lithuania (0.6 tons)

Source: IndexBox Market Intelligence Platform

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