Eastern Europe: Market for Coal Other Than Lingite 2024

Market Size for Coal Other Than Lingite in Eastern Europe

In 2022, the East European coal other than lingite market increased by 9.2% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, saw a slight contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Coal Other Than Lingite in Eastern Europe

In value terms, coal other than lingite production dropped to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible downturn. The growth pace was the most rapid in 2021 when the production volume increased by 22%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Coal Other Than Lingite

Exports in Eastern Europe

In 2022, approx. X tons of coal other than lingites were exported in Eastern Europe; almost unchanged from 2021 figures. Total exports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.0% 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 +8.3% against 2020 indices. The growth pace was the most rapid in 2019 with an increase of 31%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, coal other than lingite exports contracted to $X in 2022. Total exports indicated a modest expansion from 2012 to 2022: its value 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, exports increased by +32.2% against 2020 indices. The growth pace was the most rapid in 2019 when exports increased by 46%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia prevails in exports structure, reaching X tons, which was approx. 92% of total exports in 2022. It was distantly followed by Poland (X tons), constituting a 5.3% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to coal other than lingite exports from Russia stood at +4.5%. At the same time, Poland (+5.3%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +5.3% from 2012-2022. While the share of Russia (+4.3 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest coal other than lingite supplier in Eastern Europe, comprising 86% of total exports. The second position in the ranking was held by Poland ($X), with a 9.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to +1.4%.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, shrinking by -8.5% against the previous year. Overall, the export price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when the export price increased by 33% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Poland ($X per ton), while Russia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-0.1%).

Imports of Coal Other Than Lingite

Imports in Eastern Europe

In 2022, supplies from abroad of coal other than lingites increased by 81% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports saw a buoyant expansion. 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 buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 93%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Poland was the major importing country with an import of around X tons, which reached 46% of total imports. Russia (X tons) took a 25% share (based on physical terms) of total imports, which put it in second place, followed by the Czech Republic (9.3%), Slovakia (6.5%) and Ukraine (5.2%). Belarus (X tons) and Bulgaria (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +29.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constitutes the largest market for imported coal other than lingites in Eastern Europe, comprising 53% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 13% share of total imports. It was followed by Ukraine, with an 11% share.

In Poland, coal other than lingite imports expanded at an average annual rate of +16.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (+15.5% per year) and Ukraine (-7.8% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, dropping by -2.1% against the previous year. Over the period under review, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the import price increased by 36%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Bulgaria ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+7.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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