Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in the United Arab Emirates - 2022

Contents:

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

Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in the United Arab Emirates (FOB) - 2022

The average export price for petroleum coke; (not calcined), obtained from bituminous mineralses stood at $287 per ton in 2022, shrinking by -7.9% against the previous year. Overall, the export price, however, enjoyed a strong increase. The growth pace was the most rapid in 2020 an increase of 184% against the previous year. Over the period under review, the average export prices attained the peak figure at $312 per ton in 2021, and then declined in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($456 per ton), while the average price for exports to India totaled $174 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+57.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for petroleum coke; (not calcined), obtained from bituminous mineralses amounted to $131 per ton, falling by -28.9% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 85% against the previous year. Over the period under review, average import prices reached the peak figure at $184 per ton in 2021, and then fell dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($190 per ton), while the price for the United States ($99 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 (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in the United Arab Emirates

For the fourth consecutive year, the United Arab Emirates recorded growth in overseas shipments of petroleum coke; (not calcined), obtained from bituminous mineralses, which increased by 31% to 171K tons in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of petroleum coke; (not calcined), obtained from bituminous mineralses soared to $49M in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 228% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals from the United Arab Emirates in 2022:

1. India (101.9K tons)
2. China (68.0K tons)

Imports of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in the United Arab Emirates

In 2022, after two years of decline, there was growth in purchases abroad of petroleum coke; (not calcined), obtained from bituminous mineralses, when their volume increased by 0.8% to 158K tons. In general, imports, however, showed a abrupt curtailment.

In value terms, imports of petroleum coke; (not calcined), obtained from bituminous mineralses declined rapidly to $21M in 2022. Overall, imports, however, continue to indicate a drastic downturn. The smallest decline of -0.1% was in 2020.

Top Suppliers of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals to the United Arab Emirates in 2022:

1. United States (91.8K tons)
2. India (38.5K tons)
3. Saudi Arabia (27.0K tons)

Source: IndexBox Market Intelligence Platform