Asia: Market for Coal Other Than Lingite 2024

Market Size for Coal Other Than Lingite in Asia

The Asian coal other than lingite market expanded slightly to $X in 2022, surging by 4.1% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

Production of Coal Other Than Lingite in Asia

In value terms, coal other than lingite production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, saw a slight decrease. The pace of growth appeared the most rapid in 2017 when the production volume increased by 83%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Coal Other Than Lingite

Exports in Asia

In 2022, coal other than lingite exports in Asia soared to X tons, with an increase of 38% compared with the year before. The total export volume increased at an average annual rate of +2.7% 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 lingite exports skyrocketed to $X in 2022. Overall, exports posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 79% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Indonesia prevails in exports structure, reaching X tons, which was near 92% of total exports in 2022. Kazakhstan (X tons) and 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 other than lingite exports from Indonesia stood at +3.4%. At the same time, the Philippines (+14.2%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in Asia, with a CAGR of +14.2% from 2012-2022. Kazakhstan experienced a relatively flat trend pattern. While the share of Indonesia (+6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest coal other than lingite supplier in Asia, comprising 91% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 1.9% share of total exports.

In Indonesia, coal other than lingite exports increased at an average annual rate of +6.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (-0.2% per year) and the Philippines (+18.3% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, with an increase of 23% against the previous year. Export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 lingite export price increased by +111.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by 71% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+3.7%), while the other leaders experienced mixed trends in the export price figures.

Imports of Coal Other Than Lingite

Imports in Asia

Coal other than lingite imports surged to X tons in 2022, growing by 39% compared with the previous year. Total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.9% 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 +38.6% 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 lingite imports surged to $X in 2022. Overall, imports recorded a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Japan (X tons) and India (X tons) were the key importers of coal other than lingites in Asia, together mixing up 49% of total imports. South Korea (X tons) ranks next in terms of the total imports with a 13% share, followed by China (11%) and Taiwan (Chinese) (5.1%). The following importers - the Philippines (X tons), Turkey (X tons), Vietnam (X tons), Malaysia (X tons), Indonesia (X tons) and Hong Kong SAR (X tons) - together made up 17% of total imports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +83.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest coal other than lingite importing markets in Asia were Japan ($X), India ($X) and China ($X), with a combined 66% share of total imports. South Korea, Turkey, Taiwan (Chinese), the Philippines, Indonesia, Vietnam, Malaysia and Hong Kong SAR lagged somewhat behind, together accounting for a further 29%.

Indonesia, with a CAGR of +69.2%, saw 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

The import price in Asia stood at $X per ton in 2022, growing by 20% against the previous year. Import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 lingite import price increased by +85.1% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 54% against the previous year. The level of import peaked 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 China ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :