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

Contents:

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

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

The average import price for bituminous or oil shale and tar sandses stood at $30,565 per ton in 2022, increasing by 665% against the previous year. Over the period under review, the import price showed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +128.5% per year.

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

In 2022, the average export price for bituminous or oil shale and tar sandses amounted to $949 per ton, remaining constant against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 24%. The export price peaked at $981 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 Papua New Guinea.

From 2012 to 2022, the rate of growth in terms of prices for Papua New Guinea amounted to -0.3% per year.

Imports of Bituminous or Oil Shale and Tar Sands in the Philippines

In 2022, the amount of bituminous or oil shale and tar sandses imported into the Philippines shrank dramatically to 23 kg, with a decrease of -99.5% on the year before. Over the period under review, imports saw a dramatic downturn. The smallest decline of -10.8% was in 2020.

In value terms, imports of bituminous or oil shale and tar sandses fell sharply to $703 in 2022. Overall, imports continue to indicate a precipitous shrinkage. The smallest decline of -5.4% was in 2020.

Import of Bituminous or Oil Shale and Tar Sands in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/AN/A0.70%
Singapore37.035.017.9N/A-30.4%
OthersN/AN/AN/AN/A0%
Total37.035.017.90.7-73.4%

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

  1. Austria (23.0 kg)

Exports of Bituminous or Oil Shale and Tar Sands in the Philippines

For the fourth consecutive year, the Philippines recorded growth in overseas shipments of bituminous or oil shale and tar sandses, which increased by 0.5% to 8.1 tons in 2022. Overall, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of bituminous or oil shale and tar sandses totaled $7.6K in 2022. Over the period under review, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Bituminous or Oil Shale and Tar Sands in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Papua New Guinea7.67.57.67.60.0%
OthersN/A0.1N/AN/A0%
Total7.67.67.67.60.0%

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

  1. Papua New Guinea (8.1 tons)

Source: IndexBox Market Intelligence Platform

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