Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Australia - 2023
Contents:
- Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Australia (FOB) - 2023
- Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Australia (CIF) - 2022
- Exports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Australia
- Imports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Australia
Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Australia (FOB) - 2023
In December 2023, the average export price for coal; bituminous, whether or not pulverised, but not agglomerateds amounted to $167 per ton, surging by 1.7% against the previous month. In general, the export price, however, saw a pronounced decrease. The export price peaked at $269 per ton in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($204 per ton), while the average price for exports to China ($109 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (-0.5%), while the prices for the other major destinations experienced a decline.
Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Australia (CIF) - 2022
The average import price for coal; bituminous, whether or not pulverised, but not agglomerateds stood at $159 per ton in 2022, with an increase of 52% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for coal; bituminous, whether or not pulverised, but not agglomerateds increased by +132.5% against 2017 indices. The pace of growth was the most pronounced in 2016 an increase of 67% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +25.3% per year.
Exports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Australia
In 2022, shipments abroad of coal; bituminous, whether or not pulverised, but not agglomerateds was finally on the rise to reach 745M tons for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of coal; bituminous, whether or not pulverised, but not agglomerateds surged to $98.2B in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Australia (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 11.8 | 8.1 | 15.2 | 39.5 | 49.6% |
| India | 7.3 | 5.0 | 9.9 | 15.8 | 29.4% |
| South Korea | 4.9 | 3.3 | 7.0 | 11.9 | 34.4% |
| Taiwan (Chinese) | 3.7 | 2.4 | 4.4 | 9.6 | 37.4% |
| Vietnam | 1.4 | 1.4 | 1.8 | 4.4 | 46.5% |
| Netherlands | 1.1 | 0.7 | 1.4 | 3.7 | 49.8% |
| Malaysia | 0.7 | 0.5 | 0.9 | 2.5 | 52.9% |
| Indonesia | 0.5 | 0.4 | 1.2 | 1.7 | 50.4% |
| China | 9.5 | 6.2 | N/A | N/A | -34.7% |
| Others | 3.3 | 2.1 | 4.9 | 9.2 | 40.7% |
| Total | 44.4 | 30.2 | 46.6 | 98.2 | 30.3% |
Top Export Markets for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated from Australia in 2022:
- Japan (315.6M tons)
- India (112.7M tons)
- South Korea (106.0M tons)
- Taiwan (Chinese) (78.3M tons)
- Vietnam (38.5M tons)
- Malaysia (18.1M tons)
- Indonesia (14.1M tons)
- Netherlands (11.6M tons)
Imports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Australia
In 2022, after three years of growth, there was significant decline in purchases abroad of coal; bituminous, whether or not pulverised, but not agglomerateds, when their volume decreased by -80.4% to 33K tons. Over the period under review, imports recorded a dramatic decrease. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of 168K tons, and then reduced rapidly in the following year.
In value terms, imports of coal; bituminous, whether or not pulverised, but not agglomerateds reduced sharply to $5.2M in 2022. In general, imports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of $18M, and then dropped notably in the following year.
| Import of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | N/A | 5.2 | 0% |
| New Zealand | N/A | 11.9 | 15.4 | N/A | 29.4% |
| United Kingdom | N/A | 0.9 | 2.2 | N/A | 144.4% |
| United States | 10.8 | 0.1 | 0.1 | N/A | -90.4% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 11.0 | 12.9 | 17.6 | 5.2 | -22.1% |
Top Suppliers of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated to Australia in 2022:
- Indonesia (33.0K tons)
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