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

Contents:

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

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

In 2022, the average import price for petroleum coke; (not calcined), obtained from bituminous mineralses amounted to $218 per ton, picking up by 69% against the previous year. Overall, the import price enjoyed strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($228 per ton), while the price for China ($87 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for petroleum coke; (not calcined), obtained from bituminous mineralses amounted to $119 per ton, which is down by -31.7% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 36% against the previous year. As a result, the export price reached the peak level of $196 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($122 per ton), while the average price for exports to India amounted to $117 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+11.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of petroleum coke; (not calcined), obtained from bituminous mineralses was finally on the rise to reach 817K tons after two years of decline. Over the period under review, imports, however, faced a abrupt descent.

In value terms, imports of petroleum coke; (not calcined), obtained from bituminous mineralses surged to $178M in 2022. Overall, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada21.97.54.475.050.7%
Saudi Arabia12.32.716.157.967.6%
United States48.89.24.844.4-3.1%
China14.07.97.40.9-59.9%
India16.712.014.3N/A-7.5%
Others1.11.30.40.3-35.2%
Total11540.647.517815.7%

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

  1. Canada (352.3K tons)
  2. Saudi Arabia (259.7K tons)
  3. United States (194.4K tons)
  4. China (10.6K tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of petroleum coke; (not calcined), obtained from bituminous mineralses, when their volume decreased by -36.3% to 31K tons. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 209%. As a result, the exports attained the peak of 48K tons, and then fell significantly in the following year.

In value terms, exports of petroleum coke; (not calcined), obtained from bituminous mineralses shrank significantly to $3.6M in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 191% against the previous year. As a result, the exports attained the peak of $8.4M, and then reduced sharply in the following year.

Export of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A2.40%
China1.72.86.81.3-8.6%
JapanN/AN/A1.6N/A0%
OthersN/AN/AN/AN/A0%
Total1.72.98.43.628.4%

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

  1. India (20.4K tons)
  2. China (10.3K tons)

Source: IndexBox Market Intelligence Platform

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