Egypt: Coal Market 2024

Coal Market Size in Egypt

The Egyptian coal market surged to $X in 2022, growing by X% against the previous year. In general, consumption saw a prominent expansion. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in years to come.

Coal Production in Egypt

In value terms, coal production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Coal Exports

Exports from Egypt

In 2022, overseas shipments of coal increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports, however, recorded a pronounced downturn. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, coal exports skyrocketed to $X in 2022. Overall, exports, however, saw a noticeable setback. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for coal exports from Egypt, with a X% share of total exports. Moreover, coal exports to Saudi Arabia exceeded the volume sent to the second major destination, Spain (X tons), twofold. The third position in this ranking was held by the United Arab Emirates (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the United Arab Emirates (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for coal exports from Egypt, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Kuwait, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Kuwait (X% per year).

Export Prices by Country

In 2022, the average coal export price amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to the Netherlands ($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 Cameroon (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coal Imports

Imports into Egypt

In 2022, overseas purchases of coal increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports saw a prominent expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, coal imports skyrocketed to $X in 2022. Overall, imports posted a strong expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of coal to Egypt, with a X% share of total imports. Moreover, coal imports from the United States exceeded the figures recorded by the second-largest supplier, Russia (X tons), fourfold. South Africa (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 the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and South Africa (X% per year).

In value terms, the United States ($X) constituted the largest supplier of coal to Egypt, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with an X% share of total imports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and South Africa (X% per year).

Import Prices by Country

In 2022, the average coal import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, showed a noticeable setback. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 South Africa ($X per ton), while the price for Ukraine ($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 mixed trend patterns.

Source: IndexBox Platform

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