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

Contents:

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

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

The average export price for bituminous or oil shale and tar sandses stood at $1,204 per ton in 2022, growing by 3.7% against the previous year. Overall, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 82% against the previous year. The export price peaked at $1,401 per ton in 2016; however, from 2017 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 Norway.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to +19.3% per year.

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

The average import price for bituminous or oil shale and tar sandses stood at $875 per ton in 2022, rising by 2.8% against the previous year. Over the period under review, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2021 an increase of 191%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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 UK ($5,667 per ton), while the price for Norway ($673 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+21.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Bituminous or Oil Shale and Tar Sands in Sweden

In 2022, shipments abroad of bituminous or oil shale and tar sandses decreased by -37.6% to 13 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 263%. As a result, the exports attained the peak of 21 tons, and then shrank dramatically in the following year.

In value terms, exports of bituminous or oil shale and tar sandses dropped remarkably to $16K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 230% against the previous year. As a result, the exports reached the peak of $24K, and then shrank sharply in the following year.

Export of Bituminous or Oil Shale and Tar Sands in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway2.77.224.415.880.2%
Others0.20.2N/AN/A0.0%
Total3.07.424.415.874.0%

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

  1. Norway (13.1 tons)

Imports of Bituminous or Oil Shale and Tar Sands in Sweden

After two years of decline, supplies from abroad of bituminous or oil shale and tar sandses increased by 29% to 208 kg in 2022. Overall, imports, however, showed a dramatic downturn.

In value terms, imports of bituminous or oil shale and tar sandses soared to $182 in 2022. In general, imports, however, continue to indicate a dramatic setback.

Import of Bituminous or Oil Shale and Tar Sands in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NorwayN/AN/AN/A0.10%
Belgium87.3N/AN/AN/A0%
GermanyN/AN/A0.1N/A0%
United KingdomN/AN/AN/AN/A0%
Finland40.520.5N/AN/A-49.4%
OthersN/AN/AN/AN/A0%
Total12820.60.10.2-88.4%

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

  1. Norway (156.0 kg)
  2. Germany (46.0 kg)
  3. United Kingdom (6.0 kg)

Source: IndexBox Market Intelligence Platform

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