Price for Bituminous or Oil Shale and Tar Sands in the United Arab Emirates - 2022
Contents:
- Price for Bituminous or Oil Shale and Tar Sands in the United Arab Emirates (FOB) - 2022
- Price for Bituminous or Oil Shale and Tar Sands in the United Arab Emirates (CIF) - 2022
- Exports of Bituminous or Oil Shale and Tar Sands in the United Arab Emirates
- Imports of Bituminous or Oil Shale and Tar Sands in the United Arab Emirates
Price for Bituminous or Oil Shale and Tar Sands in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for bituminous or oil shale and tar sandses amounted to $986 per ton, surging by 128% against the previous year. In general, the export price enjoyed a moderate increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($987 per ton), while the average price for exports to India stood at $959 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Bituminous or Oil Shale and Tar Sands in the United Arab Emirates (CIF) - 2022
The average import price for bituminous or oil shale and tar sandses stood at $620 per ton in 2022, dropping by -58.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 114% against the previous year. The import price peaked at $1,506 per ton in 2021, and then reduced sharply in the following year.
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 Saudi Arabia amounted to +12.8% per year.
Exports of Bituminous or Oil Shale and Tar Sands in the United Arab Emirates
In 2022, approx. 157 tons of bituminous or oil shale and tar sandses were exported from the United Arab Emirates; waning by -98% against the year before. Over the period under review, exports continue to indicate a precipitous curtailment. The smallest decline of -21.4% was in 2021.
In value terms, exports of bituminous or oil shale and tar sandses shrank significantly to $155K in 2022. Overall, exports faced a dramatic curtailment. The smallest decline of -11.6% was in 2021.
| Export of Bituminous or Oil Shale and Tar Sands in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 29.0 | 12.5 | 18.5 | 139 | 68.6% |
| India | 4.7 | 3.9 | 3.5 | 15.3 | 48.2% |
| New Zealand | 162 | 102 | 92.1 | N/A | -24.6% |
| Kenya | 874 | 210 | 400 | N/A | -32.3% |
| Ethiopia | 1,315 | 97.7 | 120 | N/A | -69.8% |
| Zambia | 702 | 530 | 527 | N/A | -13.4% |
| Sudan | 2,158 | 1,576 | 1,518 | N/A | -16.1% |
| Myanmar | 2,469 | 1,148 | 582 | N/A | -51.4% |
| Others | 190 | 91.4 | 73.7 | 0.4 | -87.2% |
| Total | 7,904 | 3,771 | 3,335 | 155 | -73.0% |
Top Export Markets for Bituminous or Oil Shale and Tar Sands from the United Arab Emirates in 2022:
- Oman (140.7 tons)
- India (15.9 tons)
Imports of Bituminous or Oil Shale and Tar Sands in the United Arab Emirates
In 2022, after two years of decline, there was significant growth in overseas purchases of bituminous or oil shale and tar sandses, when their volume increased by 24% to 645 kg. Over the period under review, imports, however, showed a pronounced setback.
In value terms, imports of bituminous or oil shale and tar sandses fell sharply to $400 in 2022. Overall, imports, however, recorded a precipitous shrinkage. The smallest decline of -3.7% was in 2020.
| Import of Bituminous or Oil Shale and Tar Sands in the United Arab Emirates (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.0 | 18.0 | 17.0 | 400 | 186.6% |
| China | 86.0 | 19.0 | 1.0 | N/A | -89.2% |
| Netherlands | N/A | 10.0 | N/A | N/A | 0% |
| Saudi Arabia | 740 | 766 | 761 | N/A | 1.4% |
| Others | 2.0 | 1.0 | 4.0 | N/A | 41.4% |
| Total | 845 | 814 | 783 | 400 | -22.1% |
Top Suppliers of Bituminous or Oil Shale and Tar Sands to the United Arab Emirates in 2022:
- United States (645.0 kg)
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