Iran: Coal Market 2024

Coal Market Size in Iran

In 2022, after four years of growth, there was significant decline in the Iranian coal market, when its value decreased by X% to $X. Over the period under review, consumption showed a slight downturn. As a result, consumption attained the peak level of $X, and then reduced rapidly in the following year.

Coal Production in Iran

In value terms, coal production stood at $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Coal Exports

Exports from Iran

In 2022, exports of coal from Iran declined rapidly to X tons, shrinking by X% against 2021 figures. In general, exports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, coal exports declined dramatically to $X in 2022. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for coal exports from Iran, with a X% share of total exports. Moreover, coal exports to China exceeded the volume sent to the second major destination, Pakistan (X tons), ninefold. Turkey (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (X% per year) and Turkey (X% per year).

In value terms, China ($X) emerged as the key foreign market for coal exports from Iran, comprising X% of total exports. The second position in the ranking was held by Pakistan ($X), with an X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (X% per year) and Turkey (X% per year).

Export Prices by Country

The average coal export price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price saw a pronounced setback. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($X per ton) and Turkey ($X per ton), while the average price for exports to Pakistan ($X per ton) and China ($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 China (X%), while the prices for the other major destinations experienced a decline.

Coal Imports

Imports into Iran

In 2022, approx. X tons of coal were imported into Iran; falling by X% against 2021 figures. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then shrank significantly in the following year.

In value terms, coal imports fell remarkably to $X in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then contracted dramatically in the following year.

Imports by Country

In 2022, South Africa (X tons) was the main coal supplier to Iran, with a X% share of total imports. It was followed by Kazakhstan (X tons), with less than X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from South Africa was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and India (X% per year).

In value terms, South Africa ($X) constituted the largest supplier of coal to Iran, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with less than X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from South Africa was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average coal import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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