Russian Federation: Market for Coal Other Than Lingite 2024

Market Size for Coal Other Than Lingite in the Russian Federation

The Russian coal other than lingite market expanded slightly to $X in 2022, picking up by 2.9% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Coal Other Than Lingite in the Russian Federation

In value terms, coal other than lingite production dropped to $X in 2022 estimated in export price. Overall, production continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Coal other than lingite production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Coal Other Than Lingite

Exports from the Russian Federation

In 2022, approx. X tons of coal other than lingites were exported from Russia; which is down by -3.4% on the previous year's figure. In general, total exports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +3.0% against 2020 indices. The pace of growth appeared the most rapid in 2019 when exports increased by 32%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, coal other than lingite exports contracted to $X in 2022. Over the period under review, exports, however, enjoyed a modest expansion. The most prominent rate of growth was recorded in 2019 with an increase of 50% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for coal other than lingite exports from Russia, with a 23% share of total exports. Moreover, coal other than lingite exports to China exceeded the volume sent to the second major destination, South Korea (X tons), twofold. The third position in this ranking was taken by Ukraine (X tons), with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+6.1% per year) and Ukraine (+4.4% per year).

In value terms, China ($X) remains the key foreign market for coal other than lingites exports from Russia, comprising 25% of total exports. The second position in the ranking was held by South Korea ($X), with an 11% share of total exports. It was followed by Japan, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to +6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+2.3% per year) and Japan (+0.9% per year).

Export Prices by Country

In 2022, the average coal other than lingite export price amounted to $X per ton, shrinking by -11.7% against the previous year. In general, the export price showed a perceptible curtailment. The pace of growth appeared the most rapid in 2021 an increase of 33% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Germany ($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 Japan (-1.7%), while the prices for the other major destinations experienced a decline.

Imports of Coal Other Than Lingite

Imports into the Russian Federation

Coal other than lingite imports into Russia skyrocketed to X tons in 2022, picking up by 466% compared with the previous year. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, coal other than lingite imports reduced to $X in 2022. In general, imports, however, continue to indicate a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of 85%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kazakhstan (X tons) was the main supplier of coal other than lingite to Russia, accounting for a 97% share of total imports. It was followed by Ukraine (X tons), with a 2.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Kazakhstan amounted to +46.4%.

In value terms, Kazakhstan ($X) constituted the largest supplier of coal other than lingites to Russia, comprising 90% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 9.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Kazakhstan amounted to -5.6%.

Import Prices by Country

The average coal other than lingite import price stood at $X per ton in 2022, which is down by -84.3% against the previous year. Overall, the import price recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 54% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Ukraine ($X per ton), while the price for Kazakhstan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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