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

Contents:

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

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

The average import price for petroleum coke; (not calcined), obtained from bituminous mineralses stood at $359 per ton in 2022, declining by -9.2% against the previous year. Over the period under review, the import price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 114% against the previous year. As a result, import price reached the peak level of $1,066 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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 the United States ($1,163 per ton), while the price for Spain ($238 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for petroleum coke; (not calcined), obtained from bituminous mineralses stood at $1,515 per ton in 2022, with an increase of 51% against the previous year. In general, the export price posted a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,333 per ton), while the average price for exports to the United States ($950 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+27.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Oman recorded growth in overseas purchases of petroleum coke; (not calcined), obtained from bituminous mineralses, which increased by 1,318% to 486K tons in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 54,681% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of petroleum coke; (not calcined), obtained from bituminous mineralses skyrocketed to $174M in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 20,204%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Netherlands (308.0K tons)
2. Spain (104.6K tons)
3. Kuwait (33.8K tons)
4. United States (30.0K tons)
5. India (9.1K tons)

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

Exports of petroleum coke; (not calcined), obtained from bituminous mineralses from Oman contracted dramatically to 2.8 tons in 2022, reducing by -66.8% on the previous year. Overall, exports continue to indicate a significant decrease.

In value terms, exports of petroleum coke; (not calcined), obtained from bituminous mineralses fell notably to $4.2K in 2022. In general, exports showed a precipitous shrinkage.

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

1. China (1413.0 kg)
2. India (891.0 kg)
3. United States (483.0 kg)

Source: IndexBox Market Intelligence Platform