Price for Bituminous or Oil Shale and Tar Sands in India - 2023
Contents:
- Price for Bituminous or Oil Shale and Tar Sands in India (FOB) - 2022
- Price for Bituminous or Oil Shale and Tar Sands in India (CIF) - 2022
- Exports of Bituminous or Oil Shale and Tar Sands in India
- Imports of Bituminous or Oil Shale and Tar Sands in India
Price for Bituminous or Oil Shale and Tar Sands in India (FOB) - 2022
In 2022, the average export price for bituminous or oil shale and tar sandses amounted to $598 per ton, rising by 13% against the previous year. In general, the export price, however, saw a slight reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 43% against the previous year. The export price peaked at $826 per ton in 2013; however, from 2014 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 Nepal.
From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +106.1% per year.
Price for Bituminous or Oil Shale and Tar Sands in India (CIF) - 2022
In 2022, the average import price for bituminous or oil shale and tar sandses amounted to $540 per ton, approximately reflecting the previous year. Over the period under review, the import price, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2013 an increase of 132%. The import price peaked at $1,452 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +5.8% per year.
Exports of Bituminous or Oil Shale and Tar Sands in India
For the third consecutive year, India recorded growth in overseas shipments of bituminous or oil shale and tar sandses, which increased by 389% to 170 tons in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 4,079% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of bituminous or oil shale and tar sandses soared to $101K in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,899%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Bituminous or Oil Shale and Tar Sands in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Nepal | 0.4 | 9.6 | 101 | 1489.0% | |
| Others | 0.2 | 8.7 | 0.1 | -29.3% | |
| Total | 0.6 | 18.3 | 101 | 1197.4% | |
Top Export Markets for Bituminous or Oil Shale and Tar Sands from India in 2022:
- Nepal (169.5 tons)
Imports of Bituminous or Oil Shale and Tar Sands in India
In 2022, after three years of growth, there was significant decline in supplies from abroad of bituminous or oil shale and tar sandses, when their volume decreased by -11.1% to 19 tons. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 137% against the previous year.
In value terms, imports of bituminous or oil shale and tar sandses fell to $11K in 2022. In general, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2020 when imports increased by 155% against the previous year. As a result, imports reached the peak of $19K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Bituminous or Oil Shale and Tar Sands in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.4 | 2.7 | 0.8 | 8.3 | 174.8% |
| Oman | N/A | N/A | 0.3 | N/A | 0% |
| Iran | 6.6 | 16.0 | 10.7 | N/A | 27.3% |
| Others | 0.4 | 0.3 | 0.1 | 2.3 | 79.2% |
| Total | 7.4 | 19.0 | 11.9 | 10.5 | 12.4% |
Top Suppliers of Bituminous or Oil Shale and Tar Sands to India in 2022:
- United Arab Emirates (19.2 tons)
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In value terms, natural bitumen and asphalt imports stood at $X in 2016. In general, natural bitumen and asphalt imports continue to indicate a deep shrinkage. In that year, global natural bitumen ...
1041
In value terms, bituminous mixtures based on natural asphalt imports stood at $X in 2016. Overall, bituminous mixtures based on natural asphalt imports continue to indicate a prominent expansion. I...
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In value terms, natural bitumen and asphalt exports amounted to $X in 2016. Overall, natural bitumen and asphalt exports continue to indicate a significant shrinkage. Over the period under review, ...
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