ASEAN: Coal Market 2024

Coal Market Size in ASEAN

The ASEAN coal market amounted to $X in 2022, standing approx. at the previous year. The total consumption indicated a buoyant expansion from 2012 to 2022: its value 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, consumption increased by X% against 2016 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Coal Production in ASEAN

In value terms, coal production contracted to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Coal Exports

Exports in ASEAN

In 2022, exports of coal in ASEAN surged to X tons, with an increase of X% against 2021 figures. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, coal exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate prominent growth. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Indonesia prevails in exports structure, amounting to X tons, which was near X% of total exports in 2022. The Philippines (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to coal exports from Indonesia stood at X%. At the same time, the Philippines (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. Indonesia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest coal supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total exports.

In Indonesia, coal exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price showed a perceptible expansion. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the Philippines stood at $X per ton.

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

Coal Imports

Imports in ASEAN

In 2022, imports of coal in ASEAN soared to X tons, growing by X% compared with the previous year's figure. Over the period under review, imports enjoyed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, coal imports surged to $X in 2022. Overall, imports continue to indicate resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Philippines (X tons), Malaysia (X tons) and Vietnam (X tons) represented roughly X% of total imports in 2022. Thailand (X tons) ranks next in terms of the total imports with an X% share, followed by Indonesia (X%). Cambodia (X tons) followed a long way behind the leaders.

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

In value terms, the largest coal importing markets in ASEAN were Malaysia ($X), the Philippines ($X) and Indonesia ($X), with a combined X% share of total imports.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 ASEAN amounted to $X per ton, growing by X% against the previous year. Import price indicated a tangible 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 import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform