South Africa: Market for Coal Other Than Lingite 2024

Market Size for Coal Other Than Lingite in South Africa

The South African coal other than lingite market shrank markedly to $X in 2022, waning by -15.5% against the previous year. Overall, consumption recorded a noticeable slump. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Coal Other Than Lingite in South Africa

In value terms, coal other than lingite production shrank modestly to $X in 2022 estimated in export price. In general, production recorded a perceptible slump. The pace of growth was the most pronounced in 2017 when the production volume increased by 159%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Coal Other Than Lingite

Exports from South Africa

In 2022, shipments abroad of coal other than lingites increased by 42% to X tons for the first time since 2017, thus ending a four-year declining trend. The total export volume increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, coal other than lingite exports surged to $X in 2022. Overall, exports posted buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tons), the Netherlands (X tons) and South Korea (X tons) were the main destinations of coal other than lingite exports from South Africa, together comprising 51% of total exports. Mozambique, Pakistan, Israel, Italy, France, Malaysia, Mauritius, Spain, Taiwan (Chinese) and Morocco lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mauritius (with a CAGR of +28.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for coal other than lingite exported from South Africa were India ($X), the Netherlands ($X) and South Korea ($X), together accounting for 47% of total exports. Italy, Mozambique, Pakistan, Taiwan (Chinese), Morocco, Mauritius, France, Malaysia, Israel and Spain lagged somewhat behind, together comprising a further 31%.

In terms of the main countries of destination, Mauritius, with a CAGR of +31.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average coal other than lingite export price amounted to $X per ton, with an increase of 55% against the previous year. In general, the export price enjoyed noticeable growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 71%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Spain ($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 Italy (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coal Other Than Lingite

Imports into South Africa

In 2022, the amount of coal other than lingites imported into South Africa soared to X tons, jumping by 21% against the year before. In general, imports recorded a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 143% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, coal other than lingite imports skyrocketed to $X in 2022. Overall, imports recorded prominent growth. The pace of growth was the most pronounced in 2017 when imports increased by 123%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Australia (X tons), Botswana (X tons) and Swaziland (X tons) were the main suppliers of coal other than lingite imports to South Africa, with a combined 73% share of total imports. Russia, the United States, Vietnam and Mozambique lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +273.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constituted the largest supplier of coal other than lingites to South Africa, comprising 40% of total imports. The second position in the ranking was taken by the United States ($X), with a 13% share of total imports. It was followed by Swaziland, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia totaled +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+11.0% per year) and Swaziland (+11.4% per year).

Import Prices by Country

In 2022, the average coal other than lingite import price amounted to $X per ton, picking up by 20% against the previous year. In general, the import price, however, showed a slight descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 61% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average 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 Mozambique ($X per ton), while the price for Botswana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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