Nigeria: Market for Coal Other Than Lingite 2025

Market Size for Coal Other Than Lingite in Nigeria

The Nigerien coal other than lingite market soared to $X in 2022, rising by 89% against the previous year. Overall, consumption recorded a resilient increase. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Coal Other Than Lingite in Nigeria

In value terms, coal other than lingite production plummeted to $X in 2022 estimated in export price. In general, production saw a tangible increase. The pace of growth appeared the most rapid in 2013 with an increase of 51,611%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Coal Other Than Lingite

Exports from Nigeria

Coal other than lingite exports from Nigeria soared to X tons in 2022, picking up by 112% on the previous year. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 332% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, coal other than lingite exports skyrocketed to $X in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 575%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Niger (X tons) was the main destination for coal other than lingite exports from Nigeria, accounting for a 77% share of total exports. Moreover, coal other than lingite exports to Niger exceeded the volume sent to the second major destination, Benin (X tons), fourfold.

From 2013 to 2022, the average annual rate of growth in terms of volume to Niger totaled +135.4%.

In value terms, Niger ($X) and Benin ($X) appeared to be the largest markets for coal other than lingite exported from Nigeria worldwide.

Niger, with a CAGR of +135.1%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average coal other than lingite export price amounted to $X per ton, rising by 20% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 56% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Benin ($X per ton), while the average price for exports to Niger stood at $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (0.0%).

Imports of Coal Other Than Lingite

Imports into Nigeria

In 2022, purchases abroad of coal other than lingites was finally on the rise to reach X tons after five years of decline. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 24,271% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, coal other than lingite imports surged to $X in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2014 with an increase of 12,893%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Africa (X tons) was the main supplier of coal other than lingite to Nigeria, accounting for a approx. 98% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from South Africa amounted to +26.4%.

In value terms, South Africa ($X) constituted the largest supplier of coal other than lingites to Nigeria.

From 2012 to 2022, the average annual growth rate of value from South Africa stood at +23.8%.

Import Prices by Country

In 2022, the average coal other than lingite import price amounted to $X per ton, shrinking by -59.8% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 279%. As a result, import price attained the peak level of $X per ton, and then dropped markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -2.1% per year.

Source: IndexBox Platform

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