Sweden: Market for Coal Other Than Lingite 2024

Market Size for Coal Other Than Lingite in Sweden

In 2022, the Swedish coal other than lingite market increased by 109% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption showed a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Coal Other Than Lingite

Exports from Sweden

Coal other than lingite exports from Sweden soared to X tons in 2022, rising by 618% on the previous year. Overall, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 1,902% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, coal other than lingite exports skyrocketed to $X in 2022. In general, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of 1,723% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for coal other than lingite exports from Sweden, accounting for a 55% share of total exports. Moreover, coal other than lingite exports to the United States exceeded the volume sent to the second major destination, Norway (X tons), twofold. The third position in this ranking was taken by Canada (X tons), with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +20.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-22.5% per year) and Canada (+25,367.7% per year).

In value terms, Norway ($X) emerged as the key foreign market for coal other than lingites exports from Sweden, comprising 56% of total exports. The second position in the ranking was held by the United States ($X), with a 26% share of total exports. It was followed by Canada, with an 8% share.

From 2012 to 2022, the average annual growth rate of value to Norway stood at -13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+18.8% per year) and Canada (+5,139.3% per year).

Export Prices by Country

In 2022, the average coal other than lingite export price amounted to $X per ton, shrinking by -56.4% against the previous year. In general, the export price, however, enjoyed a moderate increase. The growth pace was the most rapid in 2020 when the average export price increased by 313%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then contracted significantly in the following year.

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 Norway ($X per ton), while the average price for exports to the UK ($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 Norway (+11.0%), while the prices for the other major destinations experienced a decline.

Imports of Coal Other Than Lingite

Imports into Sweden

In 2022, coal other than lingite imports into Sweden surged to X tons, jumping by 91% against 2021 figures. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.1% against 2020 indices. 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 surged to $X in 2022. In general, imports posted a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Australia (X tons) constituted the largest supplier of coal other than lingite to Sweden, accounting for a 63% share of total imports. Moreover, coal other than lingite imports from Australia exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was taken by Russia (X tons), with a 2.2% share.

From 2012 to 2022, the average annual growth rate of volume from Australia stood at +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+8.6% per year) and Russia (-16.1% per year).

In value terms, Australia ($X) constituted the largest supplier of coal other than lingites to Sweden, comprising 59% of total imports. The second position in the ranking was taken by the United States ($X), with a 28% share of total imports. It was followed by the Netherlands, with a 2.6% share.

From 2012 to 2022, the average annual growth rate of value from Australia totaled +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+7.5% per year) and the Netherlands (+20.7% per year).

Import Prices by Country

In 2022, the average coal other than lingite import price amounted to $X per ton, surging by 14% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 61% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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