Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in the UK - 2023
Contents:
- Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in the UK (CIF) - 2022
- Imports of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in the UK
Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in the UK (CIF) - 2022
The average import price for petroleum coke; calcined, obtained from bituminous mineralses stood at $580 per ton in 2022, picking up by 21% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for petroleum coke; calcined, obtained from bituminous mineralses increased by +72.9% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 46%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,404 per ton), while the price for the United States ($525 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in the UK
In 2022, the amount of petroleum coke; calcined, obtained from bituminous mineralses imported into the UK totaled 80K tons, surging by 9.3% compared with the previous year. Overall, imports, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 169%.
In value terms, imports of petroleum coke; calcined, obtained from bituminous mineralses skyrocketed to $47M in 2022. In general, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 284%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.1 | 6.1 | 30.3 | 39.0 | 12.9% |
| China | 4.1 | 0.3 | 2.0 | 5.2 | 8.2% |
| South Africa | 3.2 | 1.7 | 1.0 | 1.8 | -17.5% |
| Japan | 2.9 | N/A | N/A | N/A | 0% |
| Others | 2.1 | 1.0 | 1.8 | 0.5 | -38.0% |
| Total | 39.4 | 9.1 | 35.1 | 46.5 | 5.7% |
Top Suppliers of Petroleum Coke; Calcined, Obtained from Bituminous Minerals to the UK in 2022:
- United States (74.2K tons)
- China (3.7K tons)
- South Africa (2.0K tons)
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