Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Australia - 2024

Contents:

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

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

In 2022, the average import price for briquettes, ovoids and similar solid fuels; manufactured from coals amounted to $904 per ton, falling by -2.5% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 briquettes, ovoids and similar solid fuels; manufactured from coals increased by +24.2% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 55%. As a result, import price reached the peak level of $927 per ton, and then declined slightly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($1,018 per ton), while the price for Indonesia ($789 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+35.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for briquettes, ovoids and similar solid fuels; manufactured from coals stood at $168 per ton in 2021, with a decrease of -55.2% against the previous year. Overall, the export price, however, saw a strong increase. The pace of growth appeared the most rapid in 2015 an increase of 337% against the previous year. Over the period under review, the average export prices hit record highs at $1,009 per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($525 per ton), while the average price for exports to Japan totaled $94 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+141.3%), 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 Australia

In 2022, approx. 249 tons of briquettes, ovoids and similar solid fuels; manufactured from coals were imported into Australia; increasing by 33% against the previous year. Overall, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 54%. As a result, imports attained the peak of 680 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of briquettes, ovoids and similar solid fuels; manufactured from coals surged to $225K in 2022. In general, imports, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 61%. As a result, imports reached the peak of $407K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia29.531758.710653.2%
South Korea13335.350.885.0-13.9%
MalaysiaN/A41.3N/A25.3-21.7%
Germany89.8N/AN/AN/A0%
South AfricaN/AN/A55.9N/A0%
Others1.714.28.18.772.3%
Total254407174225-4.0%

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

  1. Indonesia (134.0 tons)
  2. South Korea (83.5 tons)
  3. Malaysia (25.7 tons)

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

In 2021, approx. 310 tons of briquettes, ovoids and similar solid fuels; manufactured from coals were exported from Australia; growing by 893% compared with 2020. Overall, exports showed 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 briquettes, ovoids and similar solid fuels; manufactured from coals surged to $52K in 2021. In general, exports, however, saw a sharp slump.

Export of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Australia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Japan4.6N/A24.6131.3%
New Zealand97.510.024.1-50.3%
Others2.51.73.416.6%
Total10411.752.1-29.2%

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

  1. Japan (262.5 tons)
  2. New Zealand (45.8 tons)

Source: IndexBox Market Intelligence Platform

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