Ukraine: Coal Market 2025

Coal Market Size in Ukraine

The Ukrainian coal market reduced dramatically to $X in 2022, which is down by X% against the previous year. In general, consumption saw a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Coal Production in Ukraine

In value terms, coal production reached $X in 2022 estimated in export price. Over the period under review, production showed a abrupt slump. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Coal Exports

Exports from Ukraine

In 2022, after four years of decline, there was significant growth in shipments abroad of coal, when their volume increased by X% to X tons. Over the period under review, exports, however, saw a abrupt setback. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, coal exports surged to $X in 2022. In general, exports, however, showed a abrupt downturn. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Slovakia (X tons), Poland (X tons) and Hungary (X tons) were the main destinations of coal exports from Ukraine, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) remains the key foreign market for coal exports from Ukraine, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovakia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Hungary (X% per year).

Export Prices by Country

The average coal export price stood at $X per ton in 2022, surging by X% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coal export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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 Russia ($X per ton), while the average price for exports to Poland ($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 Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coal Imports

Imports into Ukraine

In 2022, approx. X tons of coal were imported into Ukraine; waning by X% compared with the previous year's figure. In general, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, coal imports fell sharply to $X in 2022. Over the period under review, imports recorded a deep slump. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest coal supplier to Ukraine, with a X% share of total imports. Moreover, coal imports from Russia exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Australia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Australia (X% per year).

In value terms, the largest coal suppliers to Ukraine were Russia ($X), the United States ($X) and Australia ($X), together comprising X% of total imports.

Among the main suppliers, Australia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price posted a pronounced expansion. 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 the United States ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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