Price for Bituminous or Oil Shale and Tar Sands in South Africa - 2023
Contents:
- Price for Bituminous or Oil Shale and Tar Sands in South Africa (FOB) - 2022
- Price for Bituminous or Oil Shale and Tar Sands in South Africa (CIF) - 2022
- Exports of Bituminous or Oil Shale and Tar Sands in South Africa
- Imports of Bituminous or Oil Shale and Tar Sands in South Africa
Price for Bituminous or Oil Shale and Tar Sands in South Africa (FOB) - 2022
In 2022, the average export price for bituminous or oil shale and tar sandses amounted to $459 per ton, jumping by 29% against the previous year. In general, the export price, however, showed a pronounced contraction. The export price peaked at $855 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($775 per ton), while the average price for exports to Seychelles ($184 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Swaziland (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Bituminous or Oil Shale and Tar Sands in South Africa (CIF) - 2022
In 2022, the average import price for bituminous or oil shale and tar sandses amounted to $305 per ton, growing by 357% against the previous year. In general, the import price recorded a moderate increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the United Arab Emirates ($388 per ton), while the price for Turkey ($218 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lesotho (+4.7%), while the prices for the other major suppliers experienced a decline.
Exports of Bituminous or Oil Shale and Tar Sands in South Africa
In 2022, approx. 446 tons of bituminous or oil shale and tar sandses were exported from South Africa; with a decrease of -8.1% compared with the previous year's figure. Over the period under review, exports recorded a deep setback.
In value terms, exports of bituminous or oil shale and tar sandses soared to $205K in 2022. In general, exports saw a precipitous decline.
| Export of Bituminous or Oil Shale and Tar Sands in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lesotho | 0.6 | 3.0 | 30.2 | 71.3 | 391.6% |
| Swaziland | 81.7 | 162 | 66.6 | 68.0 | -5.9% |
| Democratic Republic of the Congo | 22.1 | 111 | 2.0 | 15.1 | -11.9% |
| Zimbabwe | 98.1 | 7.9 | 29.6 | 13.4 | -48.5% |
| Botswana | 15.1 | N/A | N/A | 11.0 | -10.0% |
| Ghana | N/A | N/A | N/A | 6.6 | 0% |
| Seychelles | N/A | N/A | N/A | 5.1 | 0% |
| Mozambique | 97.2 | 34.5 | 41.4 | 1.8 | -73.5% |
| Namibia | 29.8 | 8.3 | N/A | N/A | -72.1% |
| Zambia | 42.5 | 3.4 | N/A | N/A | -92.0% |
| Others | 49.1 | N/A | 3.1 | 12.6 | -36.5% |
| Total | 436 | 330 | 173 | 205 | -22.2% |
Top Export Markets for Bituminous or Oil Shale and Tar Sands from South Africa in 2022:
- Swaziland (129.9 tons)
- Lesotho (120.3 tons)
- Zimbabwe (69.1 tons)
- Ghana (34.7 tons)
- Botswana (32.5 tons)
- Seychelles (27.5 tons)
- Democratic Republic of the Congo (19.5 tons)
- Mozambique (4.0 tons)
Imports of Bituminous or Oil Shale and Tar Sands in South Africa
In 2022, the amount of bituminous or oil shale and tar sandses imported into South Africa shrank dramatically to 49 tons, dropping by -71.7% against the previous year. Overall, imports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 36%.
In value terms, imports of bituminous or oil shale and tar sandses soared to $15K in 2022. In general, imports continue to indicate a sharp decline.
| Import of Bituminous or Oil Shale and Tar Sands in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 9.8 | 0% |
| Turkey | 17.1 | 8.3 | N/A | 3.4 | -41.6% |
| Lesotho | 2.1 | 2.9 | 11.5 | 1.8 | -5.0% |
| Botswana | N/A | 6.7 | N/A | N/A | 0% |
| Others | 31.8 | N/A | 0.1 | N/A | -94.4% |
| Total | 50.9 | 17.8 | 11.6 | 15.0 | -33.5% |
Top Suppliers of Bituminous or Oil Shale and Tar Sands to South Africa in 2022:
- United Arab Emirates (25.3 tons)
- Turkey (15.7 tons)
- Lesotho (8.1 tons)
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