U.S. - Coal - Market Analysis, Forecast, Size, Trends and Insights
U.S. Coal Price per Ton May 2022
U.S. Coal Price per Ton May 2022
The U.S. coal price per ton amounted to $146 (FOB), rising by 41% against the previous month. Overall, import price indicated resilient growth from Jan 2022 to May 2022: its price increased at an average monthly rate of +10.0% over the last four months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2022 figures, coal import price increased by +64.8% against Feb 2022 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In May 2022, the country with the highest price was Canada ($239 per ton), while the price for China ($82 per ton) was amongst the lowest.
From Jan 2022 to May 2022, the most notable rate of growth in terms of prices was attained by Canada (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports into the U.S.
In May 2022, overseas purchases of coal decreased by -52.5% to 295K tons for the first time since Feb 2022, thus ending a two-month rising trend. Overall, imports faced a deep downturn. The pace of growth appeared the most rapid in Mar 2022 when imports increased by 83% m-o-m. Over the period under review, imports reached the peak figure at 621K tons in Apr 2022; however, from May 2022 to May 2022, imports failed to regain momentum.
In value terms, coal imports fell markedly to $43M (IndexBox estimates) in May 2022. Over the period under review, imports saw a slight slump. The most prominent rate of growth was recorded in Mar 2022 when imports increased by 95% month-to-month. Imports peaked at $64M in Apr 2022; however, from May 2022 to May 2022, imports stood at a somewhat lower figure.
Imports by Country
In May 2022, Colombia (192K tons) constituted the largest supplier of coal to the United States, accounting for a 65% share of total imports. Moreover, coal imports from Colombia exceeded the figures recorded by the second-largest supplier, Canada (82K tons), twofold.
From Jan 2022 to May 2022, the average monthly growth rate of volume from Colombia amounted to -14.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (-1.9% per month) and China (+8.4% per month).
In value terms, Colombia ($22M), Canada ($20M) and China ($1.3M) appeared to be the largest coal suppliers to the United States, with a combined 99% share of total imports.
Among the main suppliers, Canada, with a CAGR of +10.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.
This report provides an in-depth analysis of the coal market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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