Egypt: Market for Coal Other Than Lingite 2024

Market Size for Coal Other Than Lingite in Egypt

In 2022, the Egyptian coal other than lingite market increased by 72% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption posted prominent growth. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Exports of Coal Other Than Lingite

Exports from Egypt

In 2022, shipments abroad of coal other than lingites increased by 76% to X tons for the first time since 2014, thus ending a seven-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, coal other than lingite exports soared to $X in 2022. Overall, exports, however, showed a perceptible reduction. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for coal other than lingite exports from Egypt, accounting for a 59% share of total exports. Moreover, coal other than lingite exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fivefold. Kuwait (X tons) ranked third in terms of total exports with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia stood at -1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-15.2% per year) and Kuwait (-4.0% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for coal other than lingites exports from Egypt, comprising 59% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 12% share of total exports. It was followed by Kuwait, with a 9% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia amounted to +1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-12.9% per year) and Kuwait (-1.9% per year).

Export Prices by Country

The average coal other than lingite export price stood at $X per ton in 2022, with an increase of 41% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% 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 export price increased by +73.9% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Oman ($X per ton) and Saudi Arabia ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) and Syrian Arab Republic ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+37.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coal Other Than Lingite

Imports into Egypt

In 2022, overseas purchases of coal other than lingites increased by 34% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports recorded a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 186% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, coal other than lingite imports soared to $X in 2022. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 203%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of coal other than lingite to Egypt, accounting for a 71% share of total imports. Moreover, coal other than lingite imports from the United States exceeded the figures recorded by the second-largest supplier, Russia (X tons), fourfold. The third position in this ranking was held by South Africa (X tons), with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+1.7% per year) and South Africa (+50.9% per year).

In value terms, the United States ($X) constituted the largest supplier of coal other than lingites to Egypt, comprising 70% of total imports. The second position in the ranking was held by Russia ($X), with an 18% share of total imports. It was followed by South Africa, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+11.3% per year) and South Africa (+35.0% per year).

Import Prices by Country

In 2022, the average coal other than lingite import price amounted to $X per ton, jumping by 66% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.5% 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 +90.2% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($X per ton) and South Africa ($X per ton), while the price for Turkey ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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