Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Canada - 2024
Contents:
- Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Canada (CIF) - 2022
- Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Canada (FOB) - 2022
- Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Canada
- Exports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Canada
Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Canada (CIF) - 2022
In 2022, the average import price for briquettes, ovoids and similar solid fuels; manufactured from coals amounted to $49 per ton, waning by -41.2% against the previous year. In general, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 98%. As a result, import price reached the peak level of $197 per ton. From 2016 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 Mexico ($115 per ton), while the price for China ($38 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+0.8%), while the prices for the other major suppliers experienced a decline.
Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Canada (FOB) - 2022
The average export price for briquettes, ovoids and similar solid fuels; manufactured from coals stood at $2,782 per ton in 2022, with an increase of 193% against the previous year. In general, the export price continues to indicate significant growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 242%. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +27.2% per year.
Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Canada
In 2022, imports of briquettes, ovoids and similar solid fuels; manufactured from coals into Canada soared to 779 tons, increasing by 37% compared with the previous year. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 146%. As a result, imports reached the peak of 1.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of briquettes, ovoids and similar solid fuels; manufactured from coals declined markedly to $38K in 2022. Overall, imports posted modest growth. The most prominent rate of growth was recorded in 2020 when imports increased by 144% against the previous year. As a result, imports reached the peak of $89K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 30.8 | 22.2 | 20.1 | 32.2 | 1.5% |
Netherlands | N/A | 35.5 | N/A | 3.0 | -70.9% |
South Korea | 1.3 | 2.3 | 1.7 | 1.4 | 2.5% |
China | 0.2 | 2.2 | N/A | 0.8 | 58.7% |
Mexico | 3.4 | 10.3 | 20.6 | 0.7 | -41.0% |
Argentina | N/A | 4.8 | N/A | N/A | 0% |
Paraguay | N/A | 11.1 | 4.6 | N/A | -58.6% |
Others | 0.8 | 0.4 | 0.3 | N/A | -38.8% |
Total | 36.5 | 88.9 | 47.3 | 38.0 | 1.4% |
Top Suppliers of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal to Canada in 2022:
- United States (686.8 tons)
- Netherlands (37.5 tons)
- South Korea (28.0 tons)
- China (20.4 tons)
- Mexico (6.3 tons)
Exports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Canada
In 2022, after two years of growth, there was significant decline in shipments abroad of briquettes, ovoids and similar solid fuels; manufactured from coals, when their volume decreased by -61.5% to 5 tons. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 160% against the previous year. As a result, the exports attained the peak of 13 tons, and then shrank notably in the following year.
In value terms, exports of briquettes, ovoids and similar solid fuels; manufactured from coals totaled $14K in 2022. Overall, total exports indicated a significant increase from 2020 to 2022: its value increased at an average annual rate of +35.5% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
United States | 7.6 | 11.8 | 13.9 | 35.2% | |
France | N/A | 0.6 | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 7.6 | 12.3 | 13.9 | 35.2% |
Top Export Markets for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal from Canada in 2022:
- United States (5.0 tons)
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This article provides a list of the top importers of coal in 2022, including Japan, India, China, South Korea, Germany, Turkey, Malaysia, Netherlands, Philippines, and Brazil. These countries heavily rely on coal as a source of energy for electricity generation and industrial processes. However, as the world moves towards cleaner energy sources, the future of coal imports is uncertain.
In 2020, the decline in the global coal market gathered momentum, against the Covid-19 pandemic. The low cost of natural gas, combined with the development of alternative energy sources and stricter environmental regulations, are pushing the coal energy sector into stagnation. In the medium term, only the metallurgical industry is set to see a stable demand for coal.
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