The petroleum coke market in Armenia is witnessing dynamic changes influenced by global oil price fluctuations and regional economic conditions. Recent data indicates a consistent rise in import volumes of petroleum coke, a trend spurred by increasing industrial demand and infrastructure projects in Armenia. Notably, the trade volume has seen a significant uptick, with a 15% increase over the past year, reflecting the growing needs of Armenia"s cement and power generation sectors. Price trends for petroleum coke, however, have been volatile. The CSV data reveals that while there was a steady price increase early in the year, reaching a peak mid-year, subsequent months have shown a slight decline. This decline is attributed to improved global supply chains and a temporary dip in global oil prices, which petroleum coke prices are closely tied to. Currently, the average import price is approximately 8% lower than the peak, offering potential cost advantages for industrial buyers. In terms of supply chain dynamics, Armenia relies on key imports from neighboring countries, with established trade routes facilitating efficient transport and delivery.

The contact information of suppliers is crucial for businesses seeking to capitalize on current market conditions, ensuring they can secure competitive pricing and reliable supply. Armenia"s petroleum sector continues to evolve, driven by both domestic demand and international economic shifts. For businesses looking to navigate these changes, Aritral provides a robust platform to connect with suppliers, manage profiles, and leverage AI-powered marketing tools. Whether it"s product listing or direct communication, Aritral simplifies the complexities of international trade in commodities like petroleum coke, offering global sales assistance that can enhance market reach and operational efficiency. "