Central Asia: Coal Market 2024

Coal Market Size in Central Asia

In 2022, after two years of growth, there was decline in the Central Asian coal market, when its value decreased by X% to $X. The total consumption indicated a buoyant increase 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 2019 indices. Over the period under review, the market attained the peak level at $X in 2021, and then contracted modestly in the following year.

Coal Production in Central Asia

In value terms, coal production fell modestly to $X in 2022 estimated in export price. In general, production, however, showed a slight descent. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Coal Exports

Exports in Central Asia

For the fourth year in a row, Central Asia recorded growth in overseas shipments of coal, which increased by X% to X tons in 2022. Overall, exports posted a resilient increase. As a result, the exports reached 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 continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Mongolia represented the largest exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by Kazakhstan (X tons), committing a X% share of total exports. Kyrgyzstan (X tons) took a little share of total exports.

Mongolia was also the fastest-growing in terms of the coal exports, with a CAGR of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%) displayed positive paces of growth. Kazakhstan experienced a relatively flat trend pattern. Mongolia (X p.p.) and Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Mongolia ($X) emerged as the largest coal supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

In Mongolia, 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: Kazakhstan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mongolia ($X per ton), while Kyrgyzstan ($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 mixed trends in the export price figures.

Coal Imports

Imports in Central Asia

In 2022, supplies from abroad of coal decreased by X% to X tons, falling for the second year in a row after four years of growth. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, coal imports stood at $X in 2022. Overall, imports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

Uzbekistan represented the major importer of coal in Central Asia, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Kazakhstan (X tons) and Kyrgyzstan (X tons), together comprising a X% share of total imports. Tajikistan (X tons) followed a long way behind the leaders.

Uzbekistan was also the fastest-growing in terms of the coal imports, with a CAGR of X% from 2012 to 2022. At the same time, Kazakhstan (X%) and Tajikistan (X%) displayed positive paces of growth. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Kyrgyzstan saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X), Kazakhstan ($X) and Kyrgyzstan ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Uzbekistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 Central Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

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 Kazakhstan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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