Asia: Coal Market 2025

Coal Market Size in Asia

The Asian coal market totaled $X in 2022, with an increase of X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked in 2022 and is likely to continue growth in the immediate term.

Coal Production in Asia

In value terms, coal production dropped to $X in 2022 estimated in export price. Overall, production, however, showed a slight descent. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Coal Exports

Exports in Asia

In 2022, coal exports in Asia skyrocketed to X tons, growing by X% against 2021 figures. 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 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 soared to $X in 2022. Over the period under review, exports enjoyed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Indonesia dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Mongolia (X tons), achieving a X% share of total exports. The following exporters - Kazakhstan (X tons) and the Philippines (X tons) - each recorded a X% share of total exports.

Exports from Indonesia increased at an average annual rate of X% from 2012 to 2022. At the same time, Mongolia (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Kazakhstan experienced a relatively flat trend pattern. While the share of Mongolia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Indonesia, coal exports increased 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, surging by X% against the previous year. In general, the export price showed a noticeable expansion. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: 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 Mongolia (X%), while the other leaders experienced more modest paces of growth.

Coal Imports

Imports in Asia

In 2022, approx. X tons of coal were imported in Asia; with an increase of X% compared with the previous year's figure. Total imports indicated a prominent increase 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 imports soared to $X in 2022. Overall, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Japan (X tons), China (X tons) and India (X tons) represented the largest importer of coal in Asia, creating X% of total import. It was distantly followed by South Korea (X tons), creating a X% share of total imports. The Philippines (X tons), Turkey (X tons), Malaysia (X tons), Vietnam (X tons) and Hong Kong SAR (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest coal importing markets in Asia were Japan ($X), India ($X) and China ($X), with a combined X% share of total imports. South Korea, Turkey, Malaysia, the Philippines, Vietnam and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

Vietnam, 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 Asia amounted to $X per ton, picking up by X% against the previous year. Import price indicated modest growth 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 most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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