Australia and Oceania: Market for Coal Other Than Lingite 2024

Market Size for Coal Other Than Lingite in Australia and Oceania

After two years of growth, the coal other than lingite market in Australia and Oceania decreased by -19.8% to $X in 2022. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2021, and then plummeted in the following year.

Production of Coal Other Than Lingite in Australia and Oceania

In value terms, coal other than lingite production declined to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2017 when the production volume increased by 47%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Coal Other Than Lingite

Exports in Australia and Oceania

In 2022, shipments abroad of coal other than lingites was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a remarkable increase. 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. In general, exports saw a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons) represented roughly 100% of total exports in 2022.

Australia was also the fastest-growing in terms of the coal other than lingites exports, with a CAGR of +8.9% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest coal other than lingite supplier in Australia and Oceania.

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

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, surging by 3.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 56%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -0.2% per year.

Imports of Coal Other Than Lingite

Imports in Australia and Oceania

In 2022, supplies from abroad of coal other than lingites was finally on the rise to reach X tons after two years of decline. Total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.3% against 2019 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 27% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, coal other than lingite imports rose remarkably to $X in 2022. In general, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2017 with an increase of 73%. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

In 2022, New Caledonia (X tons) was the major importer of coal other than lingites, creating 80% of total imports. It was distantly followed by Australia (X tons), achieving a 15% share of total imports. New Zealand (X tons) held a minor share of total imports.

Imports into New Caledonia increased at an average annual rate of +5.1% from 2012 to 2022. At the same time, Australia (+29.3%) and New Zealand (+23.5%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +29.3% from 2012-2022. While the share of Australia (+13 p.p.), New Caledonia (+12 p.p.) and New Zealand (+3.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Caledonia ($X), Australia ($X) and New Zealand ($X) constituted the countries with the highest levels of imports in 2022, with a combined 100% share of total imports.

Australia, with a CAGR of +29.0%, saw 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 Australia and Oceania amounted to $X per ton, with a decrease of -7.2% against the previous year. Import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.0% 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 +50.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 62%. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+3.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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