Price for Bituminous or Oil Shale and Tar Sands in China - 2023
Contents:
- Price for Bituminous or Oil Shale and Tar Sands in China (FOB) - 2022
- Price for Bituminous or Oil Shale and Tar Sands in China (CIF) - 2022
- Exports of Bituminous or Oil Shale and Tar Sands in China
- Imports of Bituminous or Oil Shale and Tar Sands in China
Price for Bituminous or Oil Shale and Tar Sands in China (FOB) - 2022
In 2022, the average export price for bituminous or oil shale and tar sandses amounted to $1,355 per ton, leveling off at the previous year. Over the period under review, the export price continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2018 an increase of 115% against the previous year. Over the period under review, the average export prices hit record highs at $1,800 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($1,831 per ton), while the average price for exports to Oman ($561 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.0%).
Price for Bituminous or Oil Shale and Tar Sands in China (CIF) - 2022
In 2022, the average import price for bituminous or oil shale and tar sandses amounted to $294 per ton, reducing by -19.5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 106% against the previous year. The import price peaked at $1,075 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($459 per ton), while the price for Indonesia totaled $53 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Albania (-2.6%), while the prices for the other major suppliers experienced a decline.
Exports of Bituminous or Oil Shale and Tar Sands in China
Exports of bituminous or oil shale and tar sandses from China was estimated at 92 tons in 2022, stabilizing at 2021 figures. In general, exports posted a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of bituminous or oil shale and tar sandses totaled $124K in 2022. Over the period under review, exports showed a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Bituminous or Oil Shale and Tar Sands in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Iraq | 27.4 | N/A | 67.0 | 56.4% | |
| Myanmar | N/A | N/A | 45.8 | 0% | |
| Oman | N/A | N/A | 10.1 | 0% | |
| Others | N/A | N/A | 1.1 | 0% | |
| Total | 27.4 | N/A | 124 | 112.7% | |
Top Export Markets for Bituminous or Oil Shale and Tar Sands from China in 2022:
- Iraq (47.2 tons)
- Myanmar (25.0 tons)
- Oman (18.1 tons)
Imports of Bituminous or Oil Shale and Tar Sands in China
In 2022, approx. 82 tons of bituminous or oil shale and tar sandses were imported into China; shrinking by -84.6% on the previous year's figure. In general, imports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 18,648%. As a result, imports reached the peak of 532 tons, and then reduced markedly in the following year.
In value terms, imports of bituminous or oil shale and tar sandses fell significantly to $24K in 2022. Over the period under review, imports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 32,633% against the previous year. As a result, imports reached the peak of $195K, and then reduced sharply in the following year.
| Import of Bituminous or Oil Shale and Tar Sands in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 93.2 | N/A | N/A | 12.9 | -48.3% |
| Indonesia | N/A | N/A | 7.4 | 2.8 | -62.2% |
| Canada | N/A | N/A | 181 | N/A | 0% |
| Others | 1.3 | 0.6 | 6.0 | 8.3 | 85.5% |
| Total | 94.5 | 0.6 | 195 | 24.1 | -36.6% |
Top Suppliers of Bituminous or Oil Shale and Tar Sands to China in 2022:
- Indonesia (53.3 tons)
- United States (28.2 tons)
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