Spain: Market for Coal Other Than Lingite 2024

Market Size for Coal Other Than Lingite in Spain

In 2022, the Spanish coal other than lingite market increased by 176% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. Coal other than lingite consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Coal Other Than Lingite in Spain

In value terms, coal other than lingite production shrank to $X in 2022 estimated in export price. In general, production recorded a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 93% against the previous year. Coal other than lingite production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Coal Other Than Lingite

Exports from Spain

In 2022, the amount of coal other than lingites exported from Spain skyrocketed to X tons, picking up by 268% against 2021 figures. Overall, exports showed pronounced growth. The pace of growth was the most pronounced in 2019 when exports increased by 340% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

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

Exports by Country

Morocco (X tons), Poland (X tons) and the UK (X tons) were the main destinations of coal other than lingite exports from Spain, with a combined 65% share of total exports. Italy, Germany, Turkey and the Netherlands lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +361.2%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) emerged as the key foreign market for coal other than lingites exports from Spain, comprising 37% of total exports. The second position in the ranking was taken by Morocco ($X), with a 12% share of total exports. It was followed by Germany, with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland totaled +64.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+30.1% per year) and Germany (+300.7% per year).

Export Prices by Country

In 2022, the average coal other than lingite export price amounted to $X per ton, jumping by 39% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.9% 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 export price increased by +167.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 93%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

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 Germany ($X per ton), while the average price for exports to Morocco ($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 Poland (+19.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Coal Other Than Lingite

Imports into Spain

In 2022, supplies from abroad of coal other than lingites increased by 251% to X tons, rising for the second year in a row after three years of decline. In general, imports, however, saw a mild downturn. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

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

Imports by Country

Kazakhstan (X tons), Colombia (X tons) and Russia (X tons) were the main suppliers of coal other than lingite imports to Spain, together accounting for 72% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kazakhstan (with a CAGR of +111.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Colombia ($X), Australia ($X) and Russia ($X) constituted the largest coal other than lingite suppliers to Spain, together accounting for 54% of total imports. South Africa, the United States, Kazakhstan and Indonesia lagged somewhat behind, together accounting for a further 45%.

In terms of the main suppliers, Kazakhstan, with a CAGR of +93.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average coal other than lingite import price amounted to $X per ton, flattening at the previous year. Overall, the import price enjoyed tangible growth. The growth pace was the most rapid in 2021 when the average import price increased by 69%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual 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 Australia ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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