Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in the UK - 2023
Contents:
- Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in the UK (CIF) - 2022
- Imports of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in the UK
Price for Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in the UK (CIF) - 2022
The average import price for petroleum coke; (not calcined), obtained from bituminous mineralses stood at $300 per ton in 2022, jumping by 108% against the previous year. Over the period under review, the import price posted a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($319 per ton) and the United States ($314 per ton), while the price for Spain ($216 per ton) and Norway ($276 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+8.3%), 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 UK
In 2022, after three years of growth, there was decline in overseas purchases of petroleum coke; (not calcined), obtained from bituminous mineralses, when their volume decreased by -0.7% to 337K tons. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 11%. As a result, imports reached the peak of 339K tons, leveling off in the following year.
In value terms, imports of petroleum coke; (not calcined), obtained from bituminous mineralses surged to $101M in 2022. Overall, imports, however, saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.8 | 20.9 | 22.1 | 69.4 | 37.3% |
| Belgium | 0.8 | 1.2 | 1.4 | 15.8 | 170.3% |
| Spain | N/A | 0.6 | 3.2 | 11.6 | 339.7% |
| Norway | N/A | 0.3 | 1.1 | 1.9 | 151.7% |
| Netherlands | N/A | N/A | 3.0 | 1.5 | -50.0% |
| Russia | N/A | N/A | 5.2 | N/A | 0% |
| Ireland | 1.1 | 2.5 | 10.8 | N/A | 213.3% |
| Others | N/A | N/A | 2.2 | 1.2 | -45.5% |
| Total | 28.7 | 25.5 | 49.0 | 101 | 52.1% |
Top Suppliers of Petroleum Coke; (Not Calcined), Obtained from Bituminous Minerals to the UK in 2022:
- United States (221.1K tons)
- Spain (53.6K tons)
- Belgium (49.4K tons)
- Norway (6.8K tons)
- Netherlands (5.2K tons)
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