Price for Bituminous or Oil Shale and Tar Sands in the United States - 2023
Contents:
- Price for Bituminous or Oil Shale and Tar Sands in the United States (CIF) - 2022
- Imports of Bituminous or Oil Shale and Tar Sands in the United States
Price for Bituminous or Oil Shale and Tar Sands in the United States (CIF) - 2022
The average import price for bituminous or oil shale and tar sandses stood at $5,314 per ton in 2022, jumping by 75% against the previous year. In general, the import price posted a significant increase. The growth pace was the most rapid in 2021 an increase of 727%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +6.3% per year.
Imports of Bituminous or Oil Shale and Tar Sands in the United States
In 2022, overseas purchases of bituminous or oil shale and tar sandses were finally on the rise to reach 17 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a precipitous curtailment.
In value terms, imports of bituminous or oil shale and tar sandses skyrocketed to $90K in 2022. Over the period under review, imports, however, continue to indicate a significant contraction.
| Import of Bituminous or Oil Shale and Tar Sands in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | N/A | N/A | 90.3 | 0% |
| Canada | 318 | 53.2 | N/A | N/A | -83.3% |
| Others | N/A | 6.7 | 18.6 | N/A | 177.6% |
| Total | 318 | 59.9 | 18.6 | 90.3 | -34.3% |
Top Suppliers of Bituminous or Oil Shale and Tar Sands to the United States in 2022:
- Argentina (17.0 tons)
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Exports of Natural Bitumen and Asphalt reached a peak of 403K tons in 2021, but failed to regain momentum from 2022 to 2023. In terms of value, exports dramatically decreased to $89M in 2023.
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Exports of Natural Bitumen and Asphalt reached a peak of 403K tons in 2021, but failed to regain momentum from 2022 to 2023. In terms of value, exports dramatically decreased to $89M in 2023.
