Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Qatar - 2023

Price for Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Qatar (CIF) - 2023

In August 2023, the average import price for petroleum coke; calcined, obtained from bituminous mineralses amounted to $575 per ton, falling by -30.5% against the previous month. In general, the import price saw a noticeable downturn. The growth pace was the most rapid in July 2023 an increase of 40% month-to-month. Over the period under review, average import prices attained the peak figure at $873 per ton in January 2023; however, from February 2023 to August 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Kuwait ($638 per ton), while the price for Oman totaled $524 per ton.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Oman (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Qatar

In 2022, supplies from abroad of petroleum coke; calcined, obtained from bituminous mineralses increased by 53% to 258K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of petroleum coke; calcined, obtained from bituminous mineralses surged to $164M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Petroleum Coke; Calcined, Obtained from Bituminous Minerals in Qatar (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Kuwait	36.2	22.6	24.6	43.4	6.2%
United States	15.7	17.5	23.8	41.7	38.5%
India	13.6	10.4	17.2	30.5	30.9%
Oman	N/A	N/A	N/A	24.2	0%
Norway	N/A	N/A	N/A	24.0	0%
China	6.6	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	72.1	50.5	65.7	164	31.5%