Western Africa: Market for Coal Other Than Lingite 2025

Market Size for Coal Other Than Lingite in Western Africa

The West African coal other than lingite market surged to $X in 2022, with an increase of 22% against the previous year. The total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +50.3% against 2017 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Production of Coal Other Than Lingite in Western Africa

In value terms, coal other than lingite production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced increase. The pace of growth appeared the most rapid in 2013 with an increase of 4,215% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Coal Other Than Lingite

Exports in Western Africa

In 2022, approx. X tons of coal other than lingites were exported in Western Africa; rising by 108% compared with the year before. Overall, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by 946% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, coal other than lingite exports skyrocketed to $X in 2022. Over the period under review, exports recorded prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by 430% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Nigeria dominates exports structure, accounting for X tons, which was near 98% of total exports in 2022. Cote d'Ivoire (X tons) followed a long way behind the leaders.

Nigeria was also the fastest-growing in terms of the coal other than lingites exports, with a CAGR of +80.6% from 2012 to 2022. Cote d'Ivoire (-10.7%) illustrated a downward trend over the same period. Nigeria (+98 p.p.) significantly strengthened its position in terms of the total exports, while Cote d'Ivoire saw its share reduced by -29.2% from 2012 to 2022, respectively.

In value terms, Nigeria ($X) remains the largest coal other than lingite supplier in Western Africa, comprising 97% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a 2.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria amounted to +78.9%.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, surging by 18% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 94%. Over the period under review, the export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while Cote d'Ivoire amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+0.6%).

Imports of Coal Other Than Lingite

Imports in Western Africa

Coal other than lingite imports rose remarkably to X tons in 2022, surging by 5.8% compared with the previous year. Overall, imports saw resilient growth. The growth pace was the most rapid in 2014 when imports increased by 58% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, coal other than lingite imports surged to $X in 2022. In general, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2014 when imports increased by 51%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Senegal was the main importer of coal other than lingites in Western Africa, with the volume of imports amounting to X tons, which was near 49% of total imports in 2022. It was distantly followed by Togo (X tons), Benin (X tons), Nigeria (X tons) and Mali (X tons), together creating a 45% share of total imports. Ghana (X tons) and Niger (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to coal other than lingite imports into Senegal stood at +9.1%. At the same time, Niger (+64.4%), Nigeria (+25.4%), Benin (+20.9%), Togo (+8.1%) and Ghana (+3.4%) displayed positive paces of growth. Moreover, Niger emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +64.4% from 2012-2022. Mali experienced a relatively flat trend pattern. Benin (+9 p.p.), Nigeria (+5.3 p.p.) and Niger (+2.4 p.p.) significantly strengthened its position in terms of the total imports, while Ghana and Mali saw its share reduced by -2.3% and -6.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X), Togo ($X) and Nigeria ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 77% share of total imports. Benin, Mali, Niger and Ghana lagged somewhat behind, together comprising a further 23%.

Niger, with a CAGR of +64.5%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, rising by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mali (+3.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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