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

Contents:

  1. Price for Bituminous or Oil Shale and Tar Sands in Chile (CIF) - 2022
  2. Imports of Bituminous or Oil Shale and Tar Sands in Chile

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

In 2022, the average import price for bituminous or oil shale and tar sandses amounted to $79 per ton, declining by -28.8% against the previous year. In general, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 32% against the previous year. The import price peaked at $628 per ton in 2017; however, from 2018 to 2022, import prices stood 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 the United States ($151 per ton), while the price for China amounted to $49 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-15.4%).

Imports of Bituminous or Oil Shale and Tar Sands in Chile

In 2022, the amount of bituminous or oil shale and tar sandses imported into Chile soared to 7.9 tons, with an increase of 17% against the previous year's figure. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 49%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of bituminous or oil shale and tar sandses dropped significantly to $623 in 2022. Over the period under review, imports, however, saw a abrupt decline.

Import of Bituminous or Oil Shale and Tar Sands in Chile (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States829666517355-24.6%
China2092212252688.6%
Argentina29.0N/AN/AN/A0%
OthersN/A5.03.0N/A-40.0%
Total1,067892745623-16.4%

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

  1. China (5.5 tons)
  2. United States (2.3 tons)

Source: IndexBox Market Intelligence Platform

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