Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in South Korea - 2022

Contents:

  1. Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in South Korea (CIF) - 2022
  2. Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in South Korea (FOB) - 2022
  3. Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in South Korea
  4. Exports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in South Korea

Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in South Korea (CIF) - 2022

In 2022, the average import price for briquettes, ovoids and similar solid fuels; manufactured from coals amounted to $331 per ton, dropping by -5.8% against the previous year. Overall, the import price, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 65% against the previous year. The import price peaked at $374 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Australia ($453 per ton), while the price for China amounted to $228 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.0%).

Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in South Korea (FOB) - 2022

The average export price for briquettes, ovoids and similar solid fuels; manufactured from coals stood at $998 per ton in 2022, falling by -19.7% against the previous year. In general, the export price, however, recorded a temperate expansion. The growth pace was the most rapid in 2014 an increase of 416%. Over the period under review, the average export prices attained the peak figure at $1,555 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,015 per ton), while the average price for exports to Canada ($700 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 Japan (+79.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in South Korea

Imports of briquettes, ovoids and similar solid fuels; manufactured from coals into South Korea soared to 1K tons in 2022, growing by 36% on 2021. In general, imports, however, continue to indicate a precipitous decline.

In value terms, imports of briquettes, ovoids and similar solid fuels; manufactured from coals surged to $339K in 2022. Overall, imports, however, recorded a sharp shrinkage.

Import of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,684205246163-54.1%
AustraliaN/AN/AN/A1360%
Others42.00.118.440.2-1.4%
Total1,726205264339-41.9%

Top Suppliers of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal to South Korea in 2022:

  1. China (714.4 tons)
  2. Australia (300.9 tons)

Exports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in South Korea

After two years of decline, overseas shipments of briquettes, ovoids and similar solid fuels; manufactured from coals increased by 111% to 89 tons in 2022. In general, exports, however, continue to indicate a abrupt descent.

In value terms, exports of briquettes, ovoids and similar solid fuels; manufactured from coals skyrocketed to $89K in 2022. Over the period under review, exports, however, continue to indicate a deep contraction.

Export of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia13335.350.885.0-13.9%
United KingdomN/AN/AN/A2.50%
Canada1.32.31.71.42.5%
Thailand3.1N/AN/AN/A0%
Others0.50.1N/AN/A-80.0%
Total13737.652.588.9-13.4%

Top Export Markets for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal from South Korea in 2022:

  1. Australia (84.6 tons)
  2. United Kingdom (2.5 tons)
  3. Canada (2.0 tons)

Source: IndexBox Market Intelligence Platform

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