Price for Bituminous or Oil Shale and Tar Sands in Vietnam - 2022

Contents:

  1. Price for Bituminous or Oil Shale and Tar Sands in Vietnam (CIF) - 2022
  2. Price for Bituminous or Oil Shale and Tar Sands in Vietnam (FOB) - 2022
  3. Imports of Bituminous or Oil Shale and Tar Sands in Vietnam
  4. Exports of Bituminous or Oil Shale and Tar Sands in Vietnam

Price for Bituminous or Oil Shale and Tar Sands in Vietnam (CIF) - 2022

The average import price for bituminous or oil shale and tar sandses stood at $597 per ton in 2022, dropping by -46.3% against the previous year. Over the period under review, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 87%. The import price peaked at $1,615 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +36.9% per year.

Price for Bituminous or Oil Shale and Tar Sands in Vietnam (FOB) - 2022

The average export price for bituminous or oil shale and tar sandses stood at $516 per ton in 2022, which is down by -50.5% against the previous year. In general, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2020 when the average export price increased by 83% against the previous year. As a result, the export price attained the peak level of $1,569 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Lao People's Democratic Republic.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +75.8% per year.

Imports of Bituminous or Oil Shale and Tar Sands in Vietnam

In 2022, supplies from abroad of bituminous or oil shale and tar sandses decreased by -29.9% to 6.7 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2020 when imports increased by 31% against the previous year. As a result, imports attained the peak of 32 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of bituminous or oil shale and tar sandses contracted sharply to $4K in 2022. Overall, imports showed a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 43% against the previous year. As a result, imports reached the peak of $51K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Bituminous or Oil Shale and Tar Sands in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea6.145.310.64.0-13.1%
United StatesN/A5.6N/AN/A0%
India23.2N/AN/AN/A0%
United Arab Emirates3.1N/AN/AN/A0%
Others3.5N/A0.1N/A-83.1%
Total35.851.010.74.0-51.8%

Top Suppliers of Bituminous or Oil Shale and Tar Sands to Vietnam in 2022:

  1. South Korea (6.7 tons)

Exports of Bituminous or Oil Shale and Tar Sands in Vietnam

In 2022, the amount of bituminous or oil shale and tar sandses exported from Vietnam shrank markedly to 1.9 tons, with a decrease of -22.5% compared with the previous year's figure. In general, exports continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 91%. As a result, the exports attained the peak of 2.5 tons, and then fell rapidly in the following year.

In value terms, exports of bituminous or oil shale and tar sandses dropped dramatically to $1K in 2022. Over the period under review, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of $2.6K, and then dropped dramatically in the following year.

Export of Bituminous or Oil Shale and Tar Sands in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic Republic1.82.12.41.0-17.8%
AngolaN/AN/A0.2N/A0%
OthersN/AN/AN/AN/A0%
Total1.82.12.61.0-17.8%

Top Export Markets for Bituminous or Oil Shale and Tar Sands from Vietnam in 2022:

  1. Lao People's Democratic Republic (1.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Bituminous or oil shale and tar sands - Vietnam