Chile: Market for Coal Other Than Lingite 2024

Market Size for Coal Other Than Lingite in Chile

In 2022, the Chilean coal other than lingite market increased by 64% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption recorded a buoyant expansion. Coal other than lingite consumption peaked in 2022 and is likely to continue growth in years to come.

Production of Coal Other Than Lingite in Chile

In value terms, coal other than lingite production reduced to $X in 2022 estimated in export price. Overall, production continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2019 when the production volume increased by 163%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Coal Other Than Lingite

Exports from Chile

In 2018, the amount of coal other than lingites exported from Chile reduced notably to X tons, which is down by -53.9% on the year before. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 346,964% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2018, the exports remained at a lower figure.

In value terms, coal other than lingite exports plummeted to $X in 2018. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 98,731%. The exports peaked at $X in 2014; however, from 2015 to 2018, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons), Spain (X tons) and the Netherlands (X tons) were the main destinations of coal other than lingite exports from Chile, together accounting for 99.9% of total exports.

From 2012 to 2018, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +0.0%), while the other leaders experienced a decline.

In value terms, India ($X), Spain ($X) and the Netherlands ($X) were the largest markets for coal other than lingite exported from Chile worldwide, together comprising 100% of total exports.

Among the main countries of destination, Spain, with a CAGR of +8.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average coal other than lingite export price stood at $X per ton in 2018, with an increase of 2.5% against the previous year. In general, the export price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 56%. The export price peaked at $X per ton in 2012; however, from 2013 to 2018, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2018, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coal Other Than Lingite

Imports into Chile

In 2022, supplies from abroad of coal other than lingites increased by 56% to X tons, rising for the second year in a row after four years of decline. In general, imports enjoyed resilient growth. 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 soared to $X in 2022. Overall, imports posted a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 96% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Colombia (X tons) constituted the largest coal other than lingite supplier to Chile, accounting for a 49% share of total imports. Moreover, coal other than lingite imports from Colombia exceeded the figures recorded by the second-largest supplier, Australia (X tons), twofold. The third position in this ranking was held by the United States (X tons), with a 20% share.

From 2012 to 2022, the average annual growth rate of volume from Colombia amounted to +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+22.6% per year) and the United States (+1.1% per year).

In value terms, Colombia ($X), Australia ($X) and the United States ($X) appeared to be the largest coal other than lingite suppliers to Chile, together comprising 86% of total imports.

Among the main suppliers, Australia, with a CAGR of +16.6%, saw 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

In 2022, the average coal other than lingite import price amounted to $X per ton, growing by 7.3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 39% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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