Malaysia: Market for Coal Other Than Lingite 2024

Market Size for Coal Other Than Lingite in Malaysia

The Malaysian coal other than lingite market contracted to $X in 2022, declining by -13.9% against the previous year. In general, consumption posted a perceptible expansion. Over the period under review, the market reached the maximum level at $X in 2021, and then fell in the following year.

Production of Coal Other Than Lingite in Malaysia

In value terms, coal other than lingite production stood at $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 44% against the previous year. Coal other than lingite production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Coal Other Than Lingite

Exports from Malaysia

In 2022, approx. X tons of coal other than lingites were exported from Malaysia; which is down by -42.4% on 2021. Over the period under review, exports faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 511%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, coal other than lingite exports dropped rapidly to $X in 2022. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 405% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Vietnam (X tons), China (X tons) and India (X tons) were the main destinations of coal other than lingite exports from Malaysia, with a combined 88% share of total exports. Bangladesh, Cambodia, Indonesia and the Philippines lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cambodia (with a CAGR of +7.7%), while the other leaders experienced a decline.

In value terms, the largest markets for coal other than lingite exported from Malaysia were Vietnam ($X), China ($X) and India ($X), with a combined 82% share of total exports. Indonesia, Bangladesh, Cambodia and the Philippines lagged somewhat behind, together comprising a further 9.9%.

Cambodia, with a CAGR of +6.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average coal other than lingite export price stood at $X per ton in 2022, increasing by 4.1% against the previous year. In general, the export price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2018 an increase of 21% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while the average price for exports to Bangladesh ($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 the Philippines (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Coal Other Than Lingite

Imports into Malaysia

In 2022, purchases abroad of coal other than lingites was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 41% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, coal other than lingite imports shrank sharply to $X in 2022. In general, imports saw a moderate expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 75% against the previous year. Imports peaked at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest coal other than lingite supplier to Malaysia, with a 70% share of total imports. Moreover, coal other than lingite imports from Indonesia exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold. Russia (X tons) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume from Indonesia amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+10.0% per year) and Russia (+42.2% per year).

In value terms, the largest coal other than lingite suppliers to Malaysia were Indonesia ($X), Australia ($X) and Russia ($X), with a combined 94% share of total imports.

Among the main suppliers, Russia, with a CAGR of +42.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average coal other than lingite import price amounted to $X per ton, which is down by -22.4% against the previous year. Over the period under review, the import price recorded a slight slump. The most prominent rate of growth was recorded in 2021 an increase of 79% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank markedly in the following year.

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 Australia ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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