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

Contents:

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

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

In 2022, the average export price for petroleum coke; (not calcined), obtained from bituminous mineralses amounted to $152 per ton, remaining constant against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for petroleum coke; (not calcined), obtained from bituminous mineralses increased by +90.4% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 23% against the previous year. The export price peaked at $153 per ton in 2021, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($244 per ton), while the average price for exports to Greece ($56 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for petroleum coke; (not calcined), obtained from bituminous mineralses amounted to $109 per ton, with an increase of 3.6% against the previous year. In general, the import price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2017 an increase of 33% against the previous year. The import price peaked at $162 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($116 per ton), while the price for the United States totaled $46 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-2.8%).

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

In 2022, approx. 238K tons of petroleum coke; (not calcined), obtained from bituminous mineralses were exported from Venezuela; waning by -22.7% on the previous year. Over the period under review, exports saw a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 83%.

In value terms, exports of petroleum coke; (not calcined), obtained from bituminous mineralses declined sharply to $36M in 2022. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 85%.

Export of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Venezuela (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India12.25.210.48.0-13.1%
Turkey6.01.71.77.26.3%
Germany14.55.810.96.5-23.5%
Egypt7.93.36.54.1-19.6%
China5.22.14.72.9-17.7%
Brazil3.21.32.62.0-14.5%
Argentina3.31.32.41.5-23.1%
North Macedonia2.10.81.40.8-27.5%
Tunisia1.20.50.90.6-20.6%
Italy2.00.60.80.3-46.9%
Greece0.80.20.40.2-37.0%
Morocco0.80.30.40.2-37.0%
Denmark0.40.10.20.1-37.0%
Others7.62.43.81.9-37.0%
Total67.125.547.136.3-18.5%

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

  1. Germany (48.7K tons)
  2. Turkey (38.9K tons)
  3. Egypt (36.9K tons)
  4. India (35.7K tons)
  5. Argentina (15.9K tons)
  6. China (12.1K tons)
  7. Brazil (11.8K tons)
  8. North Macedonia (4.6K tons)
  9. Morocco (4.5K tons)
  10. Denmark (3.5K tons)
  11. Greece (3.2K tons)
  12. Tunisia (3.2K tons)
  13. Italy (2.5K tons)

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

In 2022, after three years of growth, there was decline in supplies from abroad of petroleum coke; (not calcined), obtained from bituminous mineralses, when their volume decreased by -4.2% to 48K tons. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 10%.

In value terms, imports of petroleum coke; (not calcined), obtained from bituminous mineralses contracted to $5.2M in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 1.6%.

Import of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in Venezuela (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium4.84.92.35.01.4%
United States0.30.30.10.2-12.6%
TurkeyN/AN/A2.9N/A0%
OthersN/AN/AN/AN/A0%
Total5.15.25.35.20.6%

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

  1. Belgium (43.0K tons)
  2. United States (4.9K tons)

Source: IndexBox Market Intelligence Platform

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