Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in the Philippines - 2023
Contents:
- Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in the Philippines (CIF) - 2022
- Imports of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in the Philippines
Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in the Philippines (CIF) - 2022
In 2022, the average import price for petroleum coke; (not calcined), obtained from bituminous mineralses amounted to $212 per ton, with an increase of 38% against the previous year. In general, the import price recorded a notable expansion. The most prominent rate of growth was recorded in 2021 an increase of 122% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
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 Malaysia ($347 per ton), while the price for Saudi Arabia ($169 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in the Philippines
In 2022, purchases abroad of petroleum coke; (not calcined), obtained from bituminous mineralses increased by 112% to 268K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of petroleum coke; (not calcined), obtained from bituminous mineralses surged to $57M in 2022. In general, imports saw a significant expansion. 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 the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.4 | 6.2 | N/A | 44.5 | 102.0% |
| Saudi Arabia | 10.6 | N/A | 16.7 | 9.3 | -4.3% |
| Malaysia | 1.9 | 1.1 | 2.7 | 3.0 | 16.4% |
| China | 4.1 | 2.0 | N/A | N/A | -51.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 22.0 | 9.2 | 19.4 | 56.8 | 37.2% |
Top Suppliers of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals to the Philippines in 2022:
- United States (204.7K tons)
- Saudi Arabia (55.0K tons)
- Malaysia (8.5K tons)
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