Price for Bituminous or Oil Shale and Tar Sands in Indonesia - 2022
Contents:
- Price for Bituminous or Oil Shale and Tar Sands in Indonesia (FOB) - 2022
- Price for Bituminous or Oil Shale and Tar Sands in Indonesia (CIF) - 2022
- Exports of Bituminous or Oil Shale and Tar Sands in Indonesia
- Imports of Bituminous or Oil Shale and Tar Sands in Indonesia
Price for Bituminous or Oil Shale and Tar Sands in Indonesia (FOB) - 2022
The average export price for bituminous or oil shale and tar sandses stood at $341 per ton in 2022, approximately reflecting the previous year. Overall, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 14%. The export price peaked at $722 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Timor-Leste amounted to +3.9% per year.
Price for Bituminous or Oil Shale and Tar Sands in Indonesia (CIF) - 2022
The average import price for bituminous or oil shale and tar sandses stood at $1,254 per ton in 2022, waning by -31.3% against the previous year. Overall, the import price, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2018 an increase of 51%. The import price peaked at $1,827 per ton in 2021, and then declined rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($1,686 per ton), while the price for China ($482 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Bituminous or Oil Shale and Tar Sands in Indonesia
Exports of bituminous or oil shale and tar sandses from Indonesia fell sharply to 80 tons in 2022, with a decrease of -55.8% against 2021 figures. In general, exports showed a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. As a result, the exports reached the peak of 182 tons, and then contracted notably in the following year.
In value terms, exports of bituminous or oil shale and tar sandses shrank rapidly to $27K in 2022. Overall, exports saw a dramatic contraction. The growth pace was the most rapid in 2021 when exports increased by 2.2% against the previous year.
| Export of Bituminous or Oil Shale and Tar Sands in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 46.7 | 43.1 | 55.5 | 27.4 | -16.3% |
| China | N/A | N/A | 7.2 | N/A | 0% |
| Timor-Leste | 17.4 | 18.2 | N/A | N/A | 4.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 64.2 | 61.3 | 62.6 | 27.4 | -24.7% |
Top Export Markets for Bituminous or Oil Shale and Tar Sands from Indonesia in 2022:
- Singapore (80.3 tons)
Imports of Bituminous or Oil Shale and Tar Sands in Indonesia
For the third year in a row, Indonesia recorded decline in overseas purchases of bituminous or oil shale and tar sandses, which decreased by -66.9% to 6.4 tons in 2022. Over the period under review, imports recorded a sharp shrinkage. The smallest decline of -63.9% was in 2020.
In value terms, imports of bituminous or oil shale and tar sandses declined remarkably to $8.1K in 2022. Overall, imports saw a sharp setback. The smallest decline of -46.4% was in 2020.
| Import of Bituminous or Oil Shale and Tar Sands in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 146 | 115 | 35.3 | 6.1 | -65.3% |
| Malaysia | 81.2 | N/A | N/A | 1.5 | -73.6% |
| China | N/A | N/A | N/A | 0.1 | 0% |
| Others | 4.1 | 8.6 | 0.3 | 0.3 | -58.2% |
| Total | 231 | 124 | 35.5 | 8.1 | -67.3% |
Top Suppliers of Bituminous or Oil Shale and Tar Sands to Indonesia in 2022:
- Singapore (3.6 tons)
- Malaysia (2.5 tons)
- China (0.3 tons)
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