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

Contents:

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

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

In 2022, the average import price for bituminous or oil shale and tar sandses amounted to $378 per ton, increasing by 62% against the previous year. In general, the import price recorded a buoyant increase. The growth pace was the most rapid in 2019 an increase of 389% against the previous year. As a result, import price reached the peak level of $500 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($667 per ton), while the price for France amounted to $213 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.6%).

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

The average export price for bituminous or oil shale and tar sandses stood at $1,261 per ton in 2022, rising by 14% against the previous year. Overall, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 153%. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($1,587 per ton), while the average price for exports to Sweden amounted to $1,234 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+35.5%).

Imports of Bituminous or Oil Shale and Tar Sands in Belgium

Imports of bituminous or oil shale and tar sandses into Belgium surged to 1.1K tons in 2022, increasing by 30% compared with the year before. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of bituminous or oil shale and tar sandses soared to $411K in 2022. In general, imports showed 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 Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A44.2263495.0%
FranceN/AN/A151148-2.0%
OthersN/AN/A0.70.928.6%
TotalN/AN/A196411109.7%

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

  1. France (692.8 tons)
  2. Netherlands (394.1 tons)

Exports of Bituminous or Oil Shale and Tar Sands in Belgium

In 2022, approx. 197 tons of bituminous or oil shale and tar sandses were exported from Belgium; with an increase of 8.8% compared with 2021. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 51% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of bituminous or oil shale and tar sandses soared to $248K in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 53%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Bituminous or Oil Shale and Tar Sands in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden10115919622530.6%
Luxembourg0.2N/A0.323.6390.5%
Others9.110.53.1N/A-41.6%
Total11116920024830.7%

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

  1. Sweden (182.0 tons)
  2. Luxembourg (14.9 tons)

Source: IndexBox Market Intelligence Platform

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