GCC: Market for Coal Other Than Lingite 2025

Exports of Coal Other Than Lingite

Exports in GCC

In 2022, overseas shipments of coal other than lingites were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 716% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, coal other than lingite exports declined remarkably to $X in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 585% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates prevails in exports structure, resulting at X tons, which was approx. 98% of total exports in 2022. Saudi Arabia (X tons) held a little share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the coal other than lingites exports, with a CAGR of +55.2% from 2012 to 2022. Saudi Arabia (-1.2%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+60 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (-58.3 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest coal other than lingite supplier in GCC, comprising 98% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 1.5% share of total exports.

In the United Arab Emirates, coal other than lingite exports expanded at an average annual rate of +52.4% over the period from 2012-2022.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, which is down by -27.9% against the previous year. Over the period under review, the export price showed a slight decline. The pace of growth was the most pronounced in 2013 an increase of 189% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-1.2%).

Imports of Coal Other Than Lingite

Imports in GCC

In 2022, supplies from abroad of coal other than lingites decreased by -22.5% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports recorded a pronounced contraction. The pace of growth was the most pronounced in 2016 when imports increased by 17%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, coal other than lingite imports reduced to $X in 2022. In general, imports showed a mild shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 22%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates prevails in imports structure, reaching X tons, which was near 87% of total imports in 2022. It was distantly followed by Kuwait (X tons) and Oman (X tons), together constituting a 9.4% share of total imports. Bahrain (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to coal other than lingite imports into the United Arab Emirates stood at -4.0%. At the same time, Bahrain (+35.2%) and Oman (+34.7%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in GCC, with a CAGR of +35.2% from 2012-2022. By contrast, Kuwait (-4.4%) illustrated a downward trend over the same period. Oman (+4.5 p.p.) and Bahrain (+3.8 p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates saw its share reduced by -4.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported coal other than lingites in GCC, comprising 74% of total imports. The second position in the ranking was held by Bahrain ($X), with a 15% share of total imports. It was followed by Oman, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates amounted to -2.1%. In the other countries, the average annual rates were as follows: Bahrain (+39.6% per year) and Oman (+22.6% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, growing by 18% against the previous year. Import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 +50.4% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 59%. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahrain ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+3.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform