Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Hong Kong SAR - 2023

Contents:

  1. Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Hong Kong SAR (CIF) - 2023
  2. Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Hong Kong SAR (FOB) - 2022
  3. Imports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Hong Kong SAR
  4. Exports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Hong Kong SAR

Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Hong Kong SAR (CIF) - 2023

In November 2023, the average import price for coal; bituminous, whether or not pulverised, but not agglomerateds amounted to $108 per ton, which is down by -7.4% against the previous month. Over the period under review, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in January 2023 an increase of 66% month-to-month. As a result, import price attained the peak level of $357 per ton. From February 2023 to November 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Indonesia ($108 per ton), while the price for Australia totaled $106 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Indonesia (-7.4%), while the prices for the other major suppliers experienced a decline.

Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Hong Kong SAR (FOB) - 2022

The average export price for coal; bituminous, whether or not pulverised, but not agglomerateds stood at $397 per ton in 2022, jumping by 62% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 165%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to -8.2% per year.

Imports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Hong Kong SAR

Imports of coal; bituminous, whether or not pulverised, but not agglomerateds into Hong Kong SAR skyrocketed to 28M tons in 2022, picking up by 154% on the year before. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of coal; bituminous, whether or not pulverised, but not agglomerateds surged to $1.6B in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 140% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia4921984201,22435.5%
Russia91.160.659.815018.1%
Canada54.29.214.314237.9%
Australia18.87.741.741.830.5%
Others28.319.5173N/A147.2%
Total6842967091,55831.6%

Top Suppliers of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated to Hong Kong SAR in 2022:

  1. Indonesia (24.0M tons)
  2. Canada (2.3M tons)
  3. Russia (1.3M tons)
  4. Australia (0.2M tons)

Exports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Hong Kong SAR

In 2022, approx. 36K tons of coal; bituminous, whether or not pulverised, but not agglomerateds were exported from Hong Kong SAR; declining by -24.5% against the year before. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 440%.

In value terms, exports of coal; bituminous, whether or not pulverised, but not agglomerateds skyrocketed to $14M in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,328% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia6.10.61.81.9-32.2%
OthersN/A0.29.812.3684.2%
Total6.20.811.614.231.8%

Top Export Markets for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated from Hong Kong SAR in 2022:

  1. Indonesia (23.8K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Coal; bituminous, whether or not pulverised, but not agglomerated - Hong Kong SAR