Egypt: Coal Market 2024

Coal Market Size in Egypt

In 2022, the Egyptian coal market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption continues to indicate a moderate expansion. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Coal Production in Egypt

In value terms, coal production shrank to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Coal Exports

Exports from Egypt

In 2022, after three years of decline, there was significant growth in overseas shipments of coal, when their volume increased by X% to X tons. Overall, exports, however, showed a pronounced decline. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, coal exports surged to $X in 2022. Over the period under review, exports, however, showed a perceptible contraction. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for coal exports from Egypt, accounting for a X% share of total exports. Moreover, coal exports to Saudi Arabia exceeded the volume sent to the second major destination, Spain (X tons), twofold. The United Arab Emirates (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the United Arab Emirates (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for coal exports from Egypt, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Kuwait, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Kuwait (X% per year).

Export Prices by Country

The average coal export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coal Imports

Imports into Egypt

In 2022, supplies from abroad of coal increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports showed prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, coal imports soared to $X in 2022. Overall, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, the United States (X tons) constituted the largest coal supplier to Egypt, accounting for a X% share of total imports. Moreover, coal imports from the United States exceeded the figures recorded by the second-largest supplier, Russia (X tons), fourfold. South Africa (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and South Africa (X% per year).

In value terms, the United States ($X) constituted the largest supplier of coal to Egypt, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with an X% share of total imports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and South Africa (X% per year).

Import Prices by Country

The average coal import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price 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, coal import price increased by X% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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