United Arab Emirates: Coal Market 2024

Coal Market Size in the United Arab Emirates

In 2022, the coal market in the United Arab Emirates increased by X% to $X, rising for the third consecutive year after three years of decline. Over the period under review, consumption posted a buoyant increase. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Coal Production in the United Arab Emirates

In value terms, coal production stood at $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume decreased by X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Coal Exports

Exports from the United Arab Emirates

In 2022, the amount of coal exported from the United Arab Emirates fell dramatically to X tons, which is down by X% on 2021. Over the period under review, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, coal exports reduced notably to $X in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Yemen (X tons), India (X tons) and Oman (X tons) were the main destinations of coal exports from the United Arab Emirates, together comprising X% of total exports.

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

In value terms, Yemen ($X) emerged as the key foreign market for coal exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Yemen amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Oman (X% per year).

Export Prices by Country

The average coal export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

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 Yemen ($X per ton), while the average price for exports to India ($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 India (X%), while the prices for the other major destinations experienced a decline.

Coal Imports

Imports into the United Arab Emirates

In 2022, approx. X tons of coal were imported into the United Arab Emirates; almost unchanged from the year before. Over the period under review, imports, however, continue to indicate a mild decline. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, coal imports surged to $X in 2022. Overall, total imports indicated a measured expansion from 2012 to 2022: its value 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, imports increased by X% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia (X tons), Mozambique (X tons) and Russia (X tons) were the main suppliers of coal imports to the United Arab Emirates, together accounting for X% of total imports.

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

In value terms, Mozambique ($X) constituted the largest supplier of coal to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by Australia ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Mozambique totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Russia (X% per year).

Import Prices by Country

The average coal import price stood at $X per ton in 2022, surging by X% against the previous year. Overall, import price indicated a moderate increase 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 import price increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady 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 Mozambique ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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