Asia: Market for Coal Other than Lignite 2024

Market Size for Coal Other than Lignite in Asia

The Asian coal other than lignite market rose sharply to $X in 2022, growing by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Production of Coal Other than Lignite in Asia

In value terms, coal other than lignite production contracted modestly to $X in 2022 estimated in export price. In general, production, however, recorded a mild decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Coal Other than Lignite

Exports in Asia

Coal other than lignite exports skyrocketed to X tons in 2022, increasing by X% compared with 2021. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, coal other than lignite exports skyrocketed to $X in 2022. Overall, exports posted a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Indonesia prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Mongolia (X tons), constituting a X% share of total exports. Kazakhstan (X tons) and the Philippines (X tons) held a minor share of total exports.

Exports from Indonesia increased at an average annual rate of X% from 2012 to 2022. At the same time, the Philippines (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Mongolia experienced a relatively flat trend pattern. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. Mongolia (X p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest coal other than lignite supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Mongolia ($X), with an X% share of total exports. It was followed by Kazakhstan, with a X% share.

In Indonesia, coal other than lignite exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mongolia (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price recorded a perceptible expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mongolia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced more modest paces of growth.

Imports of Coal Other than Lignite

Imports in Asia

In 2022, imports of coal other than lignites in Asia skyrocketed to X tons, increasing by X% against the year before. Total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, coal other than lignite imports skyrocketed to $X in 2022. Overall, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan (X tons) and India (X tons) represented the main importers of coal other than lignites in 2022, resulting at approx. X% and X% of total imports, respectively. South Korea (X tons) held the next position in the ranking, followed by Taiwan (Chinese) (X tons) and China (X tons). All these countries together held approx. X% share of total imports. The following importers - the Philippines (X tons) and Turkey (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest coal other than lignite importing markets in Asia were Japan ($X), India ($X) and China ($X), with a combined X% share of total imports. South Korea, Taiwan (Chinese), Turkey and the Philippines lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, the Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, rising by X% against the previous year. Import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coal other than lignite import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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