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

Contents:

  1. Price for Bituminous or Oil Shale and Tar Sands in France (CIF) - 2023
  2. Price for Bituminous or Oil Shale and Tar Sands in France (FOB) - 2022
  3. Imports of Bituminous or Oil Shale and Tar Sands in France
  4. Exports of Bituminous or Oil Shale and Tar Sands in France

Price for Bituminous or Oil Shale and Tar Sands in France (CIF) - 2023

The average import price for bituminous or oil shale and tar sandses stood at $604 per ton in October 2023, with an increase of 6.5% against the previous month. In general, the import price recorded noticeable growth. The pace of growth appeared the most rapid in March 2023 an increase of 116% against the previous month. Over the period under review, average import prices hit record highs in October 2023.

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

From October 2022 to October 2023, the rate of growth in terms of prices for Turkey amounted to +2.7% per month.

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

In 2022, the average export price for bituminous or oil shale and tar sandses amounted to $514 per ton, shrinking by -8.9% against the previous year. Over the period under review, the export price, however, recorded a remarkable increase. The growth pace was the most rapid in 2021 when the average export price increased by 183%. As a result, the export price attained the peak level of $565 per ton, and then declined in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($518 per ton), while the average price for exports to Luxembourg totaled $498 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+50.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bituminous or Oil Shale and Tar Sands in France

In 2022, approx. 81K tons of bituminous or oil shale and tar sandses were imported into France; growing by 7,005% compared with 2021. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of bituminous or oil shale and tar sandses surged to $47M in 2022. Over the period under review, imports enjoyed significant growth. 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 France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A46.10%
Others0.20.30.30.751.8%
Total0.20.30.346.9516.7%

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

  1. Turkey (78.9K tons)

Exports of Bituminous or Oil Shale and Tar Sands in France

In 2022, after two years of decline, there was growth in shipments abroad of bituminous or oil shale and tar sandses, when their volume increased by 2.7% to 34 tons. Over the period under review, exports, however, faced a significant curtailment.

In value terms, exports of bituminous or oil shale and tar sandses contracted to $17K in 2022. Overall, exports, however, continue to indicate a sharp slump.

Export of Bituminous or Oil Shale and Tar Sands in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
LuxembourgN/AN/AN/AN/A0%
United Kingdom16.32.7N/AN/A-83.4%
BelgiumN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total16.32.7N/AN/A-83.4%

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

  1. Belgium (29.0 tons)
  2. Luxembourg (4.6 tons)

Source: IndexBox Market Intelligence Platform

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