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

Contents:

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

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

In 2022, the average import price for bituminous or oil shale and tar sandses amounted to $1,427 per ton, reducing by -12.4% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 96%. As a result, import price attained the peak level of $1,654 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 Sweden ($2,717 per ton), while the price for Denmark ($840 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for bituminous or oil shale and tar sandses amounted to $522 per ton, dropping by -43.5% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when the average export price increased by 98%. The export price peaked at $1,487 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($596 per ton), while the average price for exports to Denmark amounted to $492 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+6.7%).

Imports of Bituminous or Oil Shale and Tar Sands in Norway

In 2022, imports of bituminous or oil shale and tar sandses into Norway contracted sharply to 27 tons, shrinking by -36.8% against the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 178% against the previous year. As a result, imports attained the peak of 42 tons, and then contracted markedly in the following year.

In value terms, imports of bituminous or oil shale and tar sandses declined dramatically to $38K in 2022. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 182% against the previous year. As a result, imports attained the peak of $69K, and then fell markedly in the following year.

Import of Bituminous or Oil Shale and Tar Sands in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland27.418.837.125.9-1.9%
Sweden0.91.711.45.582.8%
Denmark2.11.04.60.7-30.7%
Others14.43.116.06.2-24.5%
Total44.924.569.038.2-5.2%

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

  1. Finland (22.1 tons)
  2. Sweden (2.0 tons)
  3. Denmark (0.9 tons)

Exports of Bituminous or Oil Shale and Tar Sands in Norway

In 2022, approx. 3.9 tons of bituminous or oil shale and tar sandses were exported from Norway; growing by 118% on the year before. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 140%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of bituminous or oil shale and tar sandses skyrocketed to $2.1K in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 374% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Bituminous or Oil Shale and Tar Sands in Norway (USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/A41.09.0926375.2%
Sweden59424933399.0-45.0%
LithuaniaN/AN/A659N/A0%
Others7.062.06681,034428.6%
Total6013521,6692,05950.8%

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

  1. Denmark (1.9 tons)
  2. Sweden (0.2 tons)

Source: IndexBox Market Intelligence Platform

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