Asia-Pacific: Market for Coal Other Than Lingite 2024

Market Size for Coal Other Than Lingite in Asia-Pacific

The Asia-Pacific coal other than lingite market was estimated at $X in 2022, picking up by 3.4% against the previous year. In general, consumption saw 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 Lingite in Asia-Pacific

In value terms, coal other than lingite production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, saw a slight reduction. The pace of growth was the most pronounced in 2017 with an increase of 81% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Coal Other Than Lingite

Exports in Asia-Pacific

Coal other than lingite exports surged to X tons in 2022, with an increase of 70% compared with 2021 figures. Total exports indicated a buoyant 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, exports increased by +72.1% against 2020 indices. As a result, the exports attained 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. Over the period under review, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia represented the key exporter of coal other than lingites in Asia-Pacific, with the volume of exports amounting to X tons, which was near 59% of total exports in 2022. It was distantly followed by Indonesia (X tons), generating a 39% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of +8.9%).

In value terms, Australia ($X) remains the largest coal other than lingite supplier in Asia-Pacific, comprising 67% of total exports. The second position in the ranking was held by Indonesia ($X), with a 31% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to +8.7%.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, growing by 15% against the previous year. Export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% 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 +84.5% against 2020 indices. The growth pace was the most rapid in 2021 when the export price increased by 61% 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 Australia ($X per ton), while Indonesia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+2.9%).

Imports of Coal Other Than Lingite

Imports in Asia-Pacific

Coal other than lingite imports surged to X tons in 2022, increasing by 40% on 2021. Total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +5.8% 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 +39.5% 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 skyrocketed to $X in 2022. Overall, imports recorded resilient growth. 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 roughly 51% of total imports in 2022. South Korea (X tons) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by China (12%) and Taiwan (Chinese) (5.3%). The following importers - the Philippines (X tons) and Vietnam (X tons) - together made up 7.6% of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +39.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), India ($X) and China ($X) constituted the countries with the highest levels of imports in 2022, with a combined 70% share of total imports. South Korea, Taiwan (Chinese), the Philippines and Vietnam lagged somewhat behind, together accounting for a further 22%.

Vietnam, with a CAGR of +35.4%, recorded the highest growth rate of 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-Pacific amounted to $X per ton, increasing by 18% against the previous year. Import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% 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 +82.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the import price increased by 54% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform

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