U.S.: Market for Coal Other Than Lingite 2024

Market Size for Coal Other Than Lingite in the U.S.

In 2022, the U.S. coal other than lingite market decreased by -8.4% to $X, falling for the second year in a row after two years of growth. Overall, consumption recorded a abrupt slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Coal Other Than Lingite in the U.S.

In value terms, coal other than lingite production reached $X in 2022. In general, production recorded a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of 33%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Coal Other Than Lingite

Exports from the U.S.

In 2022, overseas shipments of coal other than lingites increased by 62% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 82%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, coal other than lingite exports skyrocketed to $X in 2022. In general, exports recorded a slight increase. The pace of growth appeared the most rapid in 2017 with an increase of 125% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

India (X tons) was the main destination for coal other than lingite exports from the United States, with a 28% share of total exports. Moreover, coal other than lingite exports to India exceeded the volume sent to the second major destination, Japan (X tons), twofold. The third position in this ranking was held by South Korea (X tons), with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India stood at +15.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+8.6% per year) and South Korea (+2.8% per year).

In value terms, the largest markets for coal other than lingite exported from the United States were India ($X), the Netherlands ($X) and Brazil ($X), together accounting for 42% of total exports. Japan, Germany, China, Canada, Poland, South Korea, the UK, Egypt, Austria and Morocco lagged somewhat behind, together accounting for a further 37%.

Egypt, with a CAGR of +21.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average coal other than lingite export price stood at $X per ton in 2022, increasing by 13% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.3% 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 +143.8% against 2016 indices. The growth pace was the most rapid in 2021 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

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 China ($X per ton), while the average price for exports to South Korea ($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 (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coal Other Than Lingite

Imports into the U.S.

Coal other than lingite imports into the United States surged to X tons in 2022, growing by 19% compared with 2021. Overall, imports, however, recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2015 when imports increased by 25%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, coal other than lingite imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible contraction. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Colombia (X tons) constituted the largest coal other than lingite supplier to the United States, with a 64% share of total imports. Moreover, coal other than lingite imports from Colombia exceeded the figures recorded by the second-largest supplier, Canada (X tons), twofold. China (X tons) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from Colombia amounted to -5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+5.6% per year) and China (+12.4% per year).

In value terms, Colombia ($X), Canada ($X) and China ($X) appeared to be the largest coal other than lingite suppliers to the United States, with a combined 92% share of total imports.

China, with a CAGR of +8.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average coal other than lingite import price stood at $X per ton in 2022, rising by 29% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 import price increased by +64.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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