Price for Bituminous or Oil Shale and Tar Sands in Serbia - 2023

Contents:

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

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

The average import price for bituminous or oil shale and tar sandses stood at $67 per ton in 2022, reducing by -94.5% against the previous year. Over the period under review, the import price saw a significant decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 59% against the previous year. As a result, import price attained the peak level of $3,532 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($91 per ton), while the price for Albania stood at $67 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (-5.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for bituminous or oil shale and tar sandses amounted to $709 per ton, with a decrease of -7.5% against the previous year. In general, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 64%. The export price peaked at $1,342 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Slovenia.

From 2012 to 2022, the rate of growth in terms of prices for Slovenia amounted to -6.3% per year.

Imports of Bituminous or Oil Shale and Tar Sands in Serbia

Imports of bituminous or oil shale and tar sandses into Serbia surged to 99 tons in 2022, rising by 365,419% compared with the previous year's figure. In general, imports recorded a significant increase. 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 $6.6K in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Bituminous or Oil Shale and Tar Sands in Serbia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
AlbaniaN/A6.60%
OthersN/AN/A0%
TotalN/A6.60%

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

  1. Albania (98.5 tons)

Exports of Bituminous or Oil Shale and Tar Sands in Serbia

For the fourth year in a row, Serbia recorded growth in shipments abroad of bituminous or oil shale and tar sandses, which increased by 16% to 6.2 tons in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 16%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, exports of bituminous or oil shale and tar sandses amounted to $4.4K in 2022. The total export value increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 7.4%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Bituminous or Oil Shale and Tar Sands in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia1.8N/A4.14.434.7%
EthiopiaN/A3.8N/AN/A0%
Others1.8N/AN/AN/A0%
Total3.53.84.14.47.9%

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

  1. Slovenia (6.2 tons)

Source: IndexBox Market Intelligence Platform

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