Romania: Market for Coal Other Than Lingite 2024

Market Size for Coal Other Than Lingite in Romania

In 2022, the Romanian coal other than lingite market increased by 75% to $X, rising for the second year in a row after three years of decline. Overall, consumption, however, recorded a abrupt setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Coal Other Than Lingite in Romania

In value terms, coal other than lingite production rose significantly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 71% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Coal Other Than Lingite

Exports from Romania

In 2022, overseas shipments of coal other than lingites increased by 11,188% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports showed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, coal other than lingite exports soared to $X in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Ukraine (X tons), Serbia (X tons) and Bulgaria (X tons) were the main destinations of coal other than lingite exports from Romania, with a combined 99% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +39.8%), while the other leaders experienced mixed trend patterns.

In value terms, Ukraine ($X) emerged as the key foreign market for coal other than lingites exports from Romania, comprising 75% of total exports. The second position in the ranking was held by Serbia ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Ukraine was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+52.8% per year) and Bulgaria (-35.3% per year).

Export Prices by Country

In 2022, the average coal other than lingite export price amounted to $X per ton, picking up by 5.7% against the previous year. Overall, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 271% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 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 Ukraine ($X per ton), while the average price for exports to Serbia ($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 Serbia (+9.2%).

Imports of Coal Other Than Lingite

Imports into Romania

In 2022, the amount of coal other than lingites imported into Romania surged to X tons, rising by 62% on the year before. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, coal other than lingite imports soared to $X in 2022. Overall, imports posted a slight increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest coal other than lingite supplier to Romania, with a 80% share of total imports. Moreover, coal other than lingite imports from Russia exceeded the figures recorded by the second-largest supplier, Mozambique (X tons), more than tenfold. The third position in this ranking was taken by Turkey (X tons), with a 3.9% share.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled +12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Mozambique (0.0% per year) and Turkey (+67.6% per year).

In value terms, Russia ($X) constituted the largest supplier of coal other than lingites to Romania, comprising 60% of total imports. The second position in the ranking was held by Turkey ($X), with a 9.2% share of total imports. It was followed by Mozambique, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value from Russia totaled +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+80.1% per year) and Mozambique (0.0% per year).

Import Prices by Country

In 2022, the average coal other than lingite import price amounted to $X per ton, with an increase of 30% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% 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 +77.5% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 37%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Kazakhstan ($X per ton), while the price for Russia ($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 (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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