Price for Bituminous or Oil Shale and Tar Sands in Canada - 2023
Contents:
- Price for Bituminous or Oil Shale and Tar Sands in Canada (CIF) - 2022
- Price for Bituminous or Oil Shale and Tar Sands in Canada (FOB) - 2022
- Imports of Bituminous or Oil Shale and Tar Sands in Canada
- Exports of Bituminous or Oil Shale and Tar Sands in Canada
Price for Bituminous or Oil Shale and Tar Sands in Canada (CIF) - 2022
The average import price for bituminous or oil shale and tar sandses stood at $525 per ton in 2022, waning by -47.5% against the previous year. In general, the import price showed a perceptible curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 128%. The import price peaked at $1,698 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -4.4% per year.
Price for Bituminous or Oil Shale and Tar Sands in Canada (FOB) - 2022
The average export price for bituminous or oil shale and tar sandses stood at $26,068 per ton in 2022, which is down by -43.1% against the previous year. Over the period under review, the export price, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 13,836% against the previous year. As a result, the export price reached the peak level of $45,789 per ton, and then reduced notably in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($29,833 per ton), while the average price for exports to Japan amounted to $25,735 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.6%).
Imports of Bituminous or Oil Shale and Tar Sands in Canada
After two years of decline, purchases abroad of bituminous or oil shale and tar sandses increased by 517,000% to 21 tons in 2022. In general, imports showed a noticeable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of bituminous or oil shale and tar sandses skyrocketed to $11K in 2022. Over the period under review, imports, however, continue to indicate a precipitous slump.
| Import of Bituminous or Oil Shale and Tar Sands in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.2 | 1.5 | N/A | 10.8 | -26.5% |
| Others | N/A | 1.1 | N/A | N/A | 0% |
| Total | 27.2 | 2.6 | N/A | 10.9 | -26.3% |
Top Suppliers of Bituminous or Oil Shale and Tar Sands to Canada in 2022:
- United States (20.7 tons)
Exports of Bituminous or Oil Shale and Tar Sands in Canada
In 2022, approx. 74 kg of bituminous or oil shale and tar sandses were exported from Canada; which is down by -98.3% against the previous year. Over the period under review, exports continue to indicate a dramatic decrease. The smallest decline of -83% was in 2020.
In value terms, exports of bituminous or oil shale and tar sandses declined sharply to $1.9K in 2022. In general, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 279% against the previous year.
| Export of Bituminous or Oil Shale and Tar Sands in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 1.8 | 0% |
| France | N/A | N/A | N/A | 0.2 | 0% |
| United States | 318 | 53.3 | N/A | N/A | -83.2% |
| Others | N/A | 0.1 | 202 | N/A | 201900.0% |
| Total | 318 | 53.3 | 202 | 1.9 | -81.9% |
Top Export Markets for Bituminous or Oil Shale and Tar Sands from Canada in 2022:
- Japan (68.0 kg)
- France (6.0 kg)
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