Turkey: Market for Coal Other Than Lingite 2024

Market Size for Coal Other Than Lingite in Turkey

In 2022, the Turkish coal other than lingite market increased by 64% to $X, rising for the second year in a row after two years of decline. In general, consumption posted buoyant growth. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in years to come.

Production of Coal Other Than Lingite in Turkey

In value terms, coal other than lingite production declined to $X in 2022 estimated in export price. Overall, production faced a deep contraction. The pace of growth was the most pronounced in 2015 with an increase of 47% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Coal Other Than Lingite

Exports from Turkey

For the third consecutive year, Turkey recorded growth in overseas shipments of coal other than lingites, which increased by 1,352% to X tons in 2022. Over the period under review, exports continue to indicate significant growth. 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 skyrocketed to $X in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tons), Italy (X tons) and the Netherlands (X tons) were the main destinations of coal other than lingite exports from Turkey, with a combined 39% share of total exports. Chile, Romania, Germany, Bulgaria, France, Morocco, Egypt, Timor-Leste, Ukraine and Greece lagged somewhat behind, together comprising a further 47%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of +670.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for coal other than lingite exported from Turkey were Chile ($X), the Netherlands ($X) and Spain ($X), together accounting for 40% of total exports. Italy, Romania, Germany, Morocco, Bulgaria, France, Egypt, Timor-Leste, Ukraine and Greece lagged somewhat behind, together accounting for a further 47%.

In terms of the main countries of destination, Ukraine, with a CAGR of +671.3%, 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, picking up by 50% against the previous year. In general, the export price, however, showed a slight contraction. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while the average price for exports to Ukraine ($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 Germany (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coal Other Than Lingite

Imports into Turkey

In 2022, the amount of coal other than lingites imported into Turkey soared to X tons, picking up by 32% compared with the previous year's figure. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2015 when imports increased by 273% against the previous year. Over the period under review, imports hit record highs 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. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 254%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Russia (X tons), Colombia (X tons) and Australia (X tons) were the main suppliers of coal other than lingite imports to Turkey, with a combined 81% share of total imports. The United States, Kazakhstan, Canada and South Africa lagged somewhat behind, together accounting for a further 18%.

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 +593.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest coal other than lingite suppliers to Turkey were Russia ($X), Colombia ($X) and Australia ($X), together accounting for 87% of total imports. The United States, Canada, Kazakhstan and South Africa lagged somewhat behind, together comprising a further 13%.

Kazakhstan, with a CAGR of +475.5%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average coal other than lingite import price stood at $X per ton in 2022, rising by 52% against the previous year. Overall, the import price showed a slight expansion. The growth pace was the most rapid in 2021 an increase of 73% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 South Africa ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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