Price for Bituminous or Oil Shale and Tar Sands in Spain - 2023
Contents:
- Price for Bituminous or Oil Shale and Tar Sands in Spain (FOB) - 2023
- Price for Bituminous or Oil Shale and Tar Sands in Spain (CIF) - 2022
- Exports of Bituminous or Oil Shale and Tar Sands in Spain
- Imports of Bituminous or Oil Shale and Tar Sands in Spain
Price for Bituminous or Oil Shale and Tar Sands in Spain (FOB) - 2023
The average export price for bituminous or oil shale and tar sandses stood at $947 per ton in September 2023, rising by 18% against the previous month. In general, the export price continues to indicate temperate growth. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 952% m-o-m. As a result, the export price attained the peak level of $8,189 per ton. From June 2023 to September 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was France ($962 per ton), while the average price for exports to Germany stood at $120 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Bituminous or Oil Shale and Tar Sands in Spain (CIF) - 2022
The average import price for bituminous or oil shale and tar sandses stood at $22 per ton in 2022, with a decrease of -8.6% against the previous year. Overall, the import price saw a abrupt descent. The growth pace was the most rapid in 2015 when the average import price increased by 89%. The import price peaked at $244 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Portugal.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +19.3% per year.
Exports of Bituminous or Oil Shale and Tar Sands in Spain
In 2022, shipments abroad of bituminous or oil shale and tar sandses decreased by -8.8% to 16K tons, falling for the second consecutive year after two years of growth. In general, exports saw a perceptible descent. The pace of growth appeared the most rapid in 2020 with an increase of 2.2%. As a result, the exports attained the peak of 18K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of bituminous or oil shale and tar sandses dropped modestly to $11M in 2022. The total export value increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year.
| Export of Bituminous or Oil Shale and Tar Sands in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.0 | 6.5 | 9.7 | 10.2 | 36.6% |
| Ireland | 0.7 | 0.5 | 1.1 | 0.8 | 4.6% |
| Belgium | 1.1 | 1.1 | 0.5 | N/A | -32.6% |
| United Kingdom | 3.3 | 2.1 | N/A | N/A | -36.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.1 | 10.3 | 11.4 | 11.1 | 6.8% |
Top Export Markets for Bituminous or Oil Shale and Tar Sands from Spain in 2022:
- France (14.0K tons)
- Ireland (1.4K tons)
Imports of Bituminous or Oil Shale and Tar Sands in Spain
In 2022, imports of bituminous or oil shale and tar sandses into Spain surged to 80K tons, rising by 69% on the previous year's figure. In general, imports recorded tangible growth.
In value terms, imports of bituminous or oil shale and tar sandses surged to $1.8M in 2022. Over the period under review, imports, however, continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 114% against the previous year. As a result, imports attained the peak of $8.7M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Bituminous or Oil Shale and Tar Sands in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 2.2 | 2.6 | 1.1 | 1.5 | -12.0% |
| Italy | 1.3 | 3.0 | N/A | N/A | 130.8% |
| Belgium | N/A | 0.9 | N/A | N/A | 0% |
| Others | 0.5 | 2.2 | N/A | 0.2 | -26.3% |
| Total | 4.1 | 8.7 | 1.1 | 1.8 | -24.0% |
Top Suppliers of Bituminous or Oil Shale and Tar Sands to Spain in 2022:
- Portugal (79.7K tons)
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