India Petroleum Coke Import Market -- HS 2713 Trade Data & Price Trend (Q2 2025)

India Petroleum Coke Import (HS 2713) Key Takeaways

India's petroleum coke imports under HS Code 2713 in Q2 2025 were dominated by bulk-grade bitumen and higher-value processed coke, reflecting a dual market of low-cost commodities and premium products. Import values fluctuated sharply, peaking in May before a steep June drop, signaling volatile demand. Supplier concentration was high, with 70% of trade controlled by a few intermediaries, increasing supply chain risks. Iraq and the U.S. led as key origins, with Iraq supplying higher-grade coke and the U.S. focusing on bulk raw material. This analysis is based on cleanly processed customs data from the yTrade database for Q2 2025.

India Petroleum Coke Import (HS 2713) Background

What is HS Code 2713?

HS Code 2713 covers petroleum coke, petroleum bitumen, and other residues of petroleum oils or oils obtained from bituminous minerals. These products are critical inputs for industries like cement, aluminum, and steel, where petroleum coke serves as a cost-effective fuel or raw material. Global demand remains stable due to their role in energy-intensive manufacturing processes.

Current Context and Strategic Position

In Q2 2025, India maintained a free import policy for petroleum bitumen (HS 2713 20 00) and other residues (HS 2713 90 00), as restored by the DGFT in 2018 [TaxGuru]. Petroleum coke imports (HS 2713 11/12) faced standard duties (~10% BCD + 18% GST) but no new restrictions [Cusbuzz]. India’s reliance on petroleum coke imports reflects its industrial demand, making HS Code 2713 trade data vital for tracking supply chains and pricing shifts. Market players should monitor policy updates and duty structures to mitigate risks.

India Petroleum Coke Import (HS 2713) Price Trend

Key Observations

The India Petroleum coke Import trend in Q2 2025 exhibited notable volatility, with monthly values fluctuating from $399.06 million in April to $422.93 million in May, before dropping sharply to $306.64 million in June. This performance reflects a challenging quarter for import volumes under hs code 2713.

Price and Volume Dynamics

The hs code 2713 value trend built momentum early in the year, rising from $434.15 million in January to a peak of $482.34 million in March, likely driven by post-winter inventory builds and seasonal demand increases in sectors like cement and power generation. However, Q2 saw a moderation, with April's decline to $399.06 million followed by a partial recovery in May, suggesting underlying demand instability. The sharp fall in June to $306.64 million indicates potential supply chain adjustments or reduced industrial activity, aligning with typical mid-year slowdowns in construction cycles.

External Context and Outlook

The volatility in imports occurred against a backdrop of stable policy conditions, as the Directorate General of Foreign Trade (DGFT) maintained a free import regime for petroleum coke under hs code 2713 throughout Q2, with no new restrictions announced [TaxGuru]. This policy consistency allowed importers to respond freely to market signals, though the observed swings were likely influenced by broader economic factors such as global oil price movements and domestic industrial demand shifts. Looking ahead, the outlook remains dependent on these macro-economic drivers, with potential for recovery if seasonal demand picks up in the latter half of the year.

India Petroleum Coke Import (HS 2713) HS Code Breakdown

Product Specialization and Concentration

In Q2 2025, India's import activities under HS Code 2713 are overwhelmingly dominated by petroleum bitumen, which accounts for over half of the total import value and nearly half of the weight, with a unit price of 1.52 USD per kilogram. According to yTrade data, this low unit price relative to other sub-codes confirms its role as a high-volume, low-value bulk commodity. An extreme price anomaly is present in calcined petroleum coke imports, which has been isolated from the main analysis due to inconsistent pricing data.

Value-Chain Structure and Grade Analysis

The remaining non-anomalous imports can be grouped into three categories based on processing stage: lower-grade non-calcined coke at 0.81 USD per kilogram, higher-grade non-calcined coke at 4.61 USD per kilogram, and fully processed calcined coke or residues with prices ranging from 15.33 to 25.30 USD per kilogram. This structure shows a clear progression from fungible bulk materials to more specialized, higher-value products, indicating that trade under HS Code 2713 includes both standardized commodities and differentiated goods dependent on quality and processing.

Strategic Implication and Pricing Power

For market players, the bulk nature of dominant imports like bitumen limits pricing power and emphasizes cost efficiency in logistics and sourcing. Higher-value products offer better margins but require focus on quality specifications and market demand. Relevant policy context from DGFT notifications confirms free import status for key sub-codes [Chemradar], meaning importers face no restrictions but must navigate standard customs duties, reinforcing the need for strategic duty management in India's HS Code 2713 import operations.

Check Detailed HS Code 2713 Breakdown

India Petroleum Coke Import (HS 2713) Origin Countries

Geographic Concentration and Dominant Role

In Q2 2025, IRAQ was the top origin for India's Petroleum coke imports by value, holding a 35.20% share. UNITED STATES led in weight share at 32.70%. The gap for IRAQ, with value share above weight share, points to imports of higher-grade Petroleum coke. High frequency from IRAQ, at 62.90%, suggests frequent, smaller shipments. For UNITED STATES, weight share exceeds value share, indicating bulk imports of raw material.

Origin Countries Clusters and Underlying Causes

The origins split into two clusters based on trade patterns. The high-yield cluster includes IRAQ, SAUDI ARABIA, UNITED ARAB EMIRATES, and OMAN, where value shares outpace weight shares, signaling supplies of premium Petroleum coke grades. The volume cluster features UNITED STATES and IRAN, with weight shares dominating, showing they are key bulk suppliers for raw material needs.

Forward Strategy and Supply Chain Implications

Heavy reliance on IRAQ and UNITED STATES for India's Petroleum coke imports calls for diversifying sources to ensure supply chain stability. The import policy for HS Code 2713 stayed unchanged in Q2 2025, with no new restrictions, as noted by Chemradar, allowing steady shipments. Monitoring geopolitical factors in these regions is wise for risk management.

Table: India Petroleum Coke (HS 2713) Top Origin Countries (Source: yTrade)

Get Complete Origin Countries Profile

India Petroleum Coke (HS 2713) Suppliers Analysis

Supplier Concentration and Dominance

In Q2 2025, the India petroleum coke import suppliers market showed strong concentration, with a core group of suppliers driving most of the trade. According to yTrade data, the dominant suppliers handled nearly 70% of the total import value through frequent, high-volume shipments. This group also accounted for over 80% of the quantity, indicating that the typical trade involves large, regular deliveries of petroleum coke to meet India's industrial demand.

Strategic Supplier Clusters and Trade Role

The remaining supplier clusters include those with high-value but infrequent shipments, small but frequent deliveries, and minor players with low value and frequency. The dominant cluster, represented by companies like GALAXY ENERGY FZCO and CHAWI GARMIAN TRADING F.Z.E, points to an intermediated market where trading firms act as key agents. The profile of HS code 2713 suppliers suggests that most transactions are managed through intermediaries rather than direct manufacturer relationships, which is common for commodity products like petroleum coke.

Sourcing Strategy and Vulnerability

For Indian importers, this supplier structure emphasizes reliance on trading companies for flexibility but also highlights risks like supply chain dependency. The stable import policies for petroleum coke, with no major changes in Q2 2025 as noted in [ChemRadar], reduce regulatory uncertainty. However, diversifying beyond the dominant cluster could mitigate potential disruptions from key intermediary failures.

Table: India Petroleum Coke (HS 2713) Top Suppliers List (Source: yTrade)

Check Full Petroleum coke Supplier lists

Action Plan for Petroleum Coke Market Operation and Expansion

Strategic Supply Chain Overview

India's Petroleum coke Import market under hs code 2713 is defined by two key price drivers. First, product grade creates a major price split. Bulk bitumen trades at 1.52 USD/kg, while specialized calcined coke reaches 25 USD/kg. Second, origin geopolitics heavily influences cost and availability. Iraq and the United States dominate supply but present different risk profiles.

These drivers create clear supply chain implications. High dependence on intermediary traders from concentrated origins increases vulnerability. The entire Petroleum coke supply chain must balance cost-efficient bulk logistics with the need for grade-specific sourcing. India's role is as a processor, importing both raw material and higher-value processed goods.

Action Plan: Data-Driven Steps for Petroleum coke Market Execution and Expansion

• Use hs code 2713 trade data to identify and qualify new suppliers outside the dominant cluster. This diversifies your origin base and reduces over-reliance on key intermediaries, mitigating supply chain disruption risk.
• Analyze shipment frequency data from top origins like Iraq to forecast inventory needs. This allows for better planning of stock cycles, preventing both shortages and costly overstock situations.
• Compare unit prices by country of origin for specific coke grades. This practice ensures you are sourcing the correct quality at the best possible value, directly improving cost efficiency and margin.
• Monitor regulatory updates and geopolitical events in key supplier nations. Early awareness of potential policy shifts or regional instability allows for proactive strategy adjustments, protecting your operations.

Take Action Now —— Explore India Petroleum coke Import Data

Frequently Asked Questions

Q1. What is driving the recent changes in India Petroleum coke Import 2025 Q2?

The Q2 2025 import trend showed volatility, with values peaking in May ($422.93M) before dropping sharply in June ($306.64M), likely due to fluctuating industrial demand and mid-year construction slowdowns.

Q2. Who are the main origin countries of India Petroleum coke (HS Code 2713) 2025 Q2?

IRAQ (35.2% value share) and the UNITED STATES (32.7% weight share) dominated imports, with IRAQ supplying higher-grade coke and the US focusing on bulk raw material.

Q3. Why does the unit price differ across origin countries of India Petroleum coke Import?

Prices vary by processing stage: bulk bitumen costs 1.52 USD/kg, while higher-grade calcined coke or residues range from 15.33 to 25.30 USD/kg, reflecting quality and specialization.

Q4. What should importers in India focus on when buying Petroleum coke?

Importers should diversify suppliers beyond dominant intermediaries like GALAXY ENERGY FZCO to mitigate dependency risks, while prioritizing duty management for cost efficiency.

Q5. What does this India Petroleum coke import pattern mean for overseas suppliers?

Suppliers from high-yield countries (IRAQ, UAE) can leverage India’s demand for premium grades, while bulk exporters (US, IRAN) must compete on volume and logistics.

Q6. How is Petroleum coke typically used in this trade flow?

Petroleum coke is primarily used in industrial sectors like cement production and power generation, with bulk imports supporting large-scale energy and construction needs.

Detailed Monthly Report

India HS2713 Import Snapshot 2025 APR

India HS2713 Import Snapshot 2025 MAY

India HS2713 Import Snapshot 2025 JUN