Price for Bituminous or Oil Shale and Tar Sands in Ireland - 2023
Contents:
- Price for Bituminous or Oil Shale and Tar Sands in Ireland (CIF) - 2022
- Price for Bituminous or Oil Shale and Tar Sands in Ireland (FOB) - 2022
- Imports of Bituminous or Oil Shale and Tar Sands in Ireland
- Exports of Bituminous or Oil Shale and Tar Sands in Ireland
Price for Bituminous or Oil Shale and Tar Sands in Ireland (CIF) - 2022
In 2022, the average import price for bituminous or oil shale and tar sandses amounted to $498 per ton, declining by -30.3% against the previous year. Over the period under review, the import price saw a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 58% against the previous year. The import price peaked at $946 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 ($1,414 per ton), while the price for the UK stood at $497 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.6%).
Price for Bituminous or Oil Shale and Tar Sands in Ireland (FOB) - 2022
The average export price for bituminous or oil shale and tar sandses stood at $1,764 per ton in 2022, rising by 6.1% against the previous year. Over the last one years, it increased at an average annual rate of +6.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2021 to 2022, the rate of growth in terms of prices for the UK amounted to +6.1% per year.
Imports of Bituminous or Oil Shale and Tar Sands in Ireland
In 2022, approx. 297 tons of bituminous or oil shale and tar sandses were imported into Ireland; picking up by 465% compared with the previous year's figure. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 1,711% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of bituminous or oil shale and tar sandses skyrocketed to $148K in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,269% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Bituminous or Oil Shale and Tar Sands in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United Kingdom | 2.4 | 37.3 | 147 | 682.6% | |
| Others | 0.3 | 0.3 | 1.5 | 123.6% | |
| Total | 2.7 | 37.6 | 148 | 640.4% | |
Top Suppliers of Bituminous or Oil Shale and Tar Sands to Ireland in 2022:
- United Kingdom (294.9 tons)
Exports of Bituminous or Oil Shale and Tar Sands in Ireland
In 2022, approx. 178 kg of bituminous or oil shale and tar sandses were exported from Ireland; waning by -38.6% against the previous year's figure. Overall, exports recorded a sharp shrinkage.
In value terms, exports of bituminous or oil shale and tar sandses declined sharply to $314 in 2022. In general, exports saw a sharp decrease.
| Export of Bituminous or Oil Shale and Tar Sands in Ireland (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United Kingdom | 482 | 314 | -34.9% | ||
| Others | N/A | N/A | 0% | ||
| Total | 482 | 314 | -34.9% | ||
Top Export Markets for Bituminous or Oil Shale and Tar Sands from Ireland in 2022:
- United Kingdom (178.0 kg)
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