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

Contents:

  1. Price for Bituminous or Oil Shale and Tar Sands in Azerbaijan (CIF) - 2022
  2. Imports of Bituminous or Oil Shale and Tar Sands in Azerbaijan

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

In 2022, the average import price for bituminous or oil shale and tar sandses amounted to $330 per ton, waning by -22.6% against the previous year. In general, the import price saw a abrupt descent. The pace of growth appeared the most rapid in 2015 an increase of 89%. As a result, import price attained the peak level of $3,286 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -16.7% per year.

Imports of Bituminous or Oil Shale and Tar Sands in Azerbaijan

For the fourth consecutive year, Azerbaijan recorded growth in purchases abroad of bituminous or oil shale and tar sandses, which increased by 158% to 24 tons in 2022. In general, imports posted a significant increase. 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 skyrocketed to $7.9K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Bituminous or Oil Shale and Tar Sands in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A7.90%
Turkey2.01.94.0N/A41.4%
OthersN/A0.6N/AN/A0%
Total2.02.54.07.958.1%

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

  1. Italy (24.0 tons)

Source: IndexBox Market Intelligence Platform

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