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

Contents:

  1. Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in the UK (CIF) - 2024
  2. Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in the UK (FOB) - 2024
  3. Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in the UK
  4. Exports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in the UK

Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in the UK (CIF) - 2024

The average import price for briquettes, ovoids and similar solid fuels; manufactured from coals stood at $316 per ton in June 2023, falling by -35.5% against the previous month. In general, the import price showed a deep setback. The most prominent rate of growth was recorded in February 2023 an increase of 12% month-to-month. Over the period under review, average import prices attained the peak figure at $559 per ton in March 2023; however, from April 2023 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Ireland ($461 per ton), while the price for Germany totaled $292 per ton.

From January 2023 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (0.0%).

Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in the UK (FOB) - 2024

The average export price for briquettes, ovoids and similar solid fuels; manufactured from coals stood at $627 per ton in June 2023, surging by 37% against the previous month. Over the last five months, it increased at an average monthly rate of +4.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In June 2023, the country with the highest price was Ireland ($698 per ton), while the average price for exports to Germany ($487 per ton) was amongst the lowest.

From January 2023 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+9.0%), 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 the UK

After two years of decline, purchases abroad of briquettes, ovoids and similar solid fuels; manufactured from coals increased by 368% to 26K tons in 2022. Overall, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of briquettes, ovoids and similar solid fuels; manufactured from coals skyrocketed to $14M in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/AN/AN/A9.20%
Ireland0.50.81.03.489.5%
Germany0.50.20.40.3-15.7%
Belgium0.6N/AN/AN/A0%
Netherlands1.50.7N/AN/A-53.3%
Others0.20.30.30.858.7%
Total3.32.11.713.961.5%

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

  1. Colombia (14.8K tons)
  2. Ireland (9.0K tons)
  3. Germany (0.9K tons)
  4. Belgium (0.1K tons)

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

Exports of briquettes, ovoids and similar solid fuels; manufactured from coals from the UK soared to 31K tons in 2022, rising by 104% against the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 120%. As a result, the exports reached the peak of 68K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of briquettes, ovoids and similar solid fuels; manufactured from coals skyrocketed to $11M in 2022. In general, exports recorded a resilient expansion.

Export of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.72.43.46.131.2%
Ireland3.33.60.91.1-30.7%
NetherlandsN/A7.2N/A0.1-88.2%
Germany0.40.1N/A0.1-37.0%
Belgium0.70.70.10.1-47.7%
Others0.1N/A0.13.6230.2%
Total7.214.04.511.115.5%

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

  1. France (17.6K tons)
  2. Ireland (4.7K tons)
  3. Netherlands (0.2K tons)
  4. Germany (0.2K tons)
  5. Belgium (0.2K tons)

Source: IndexBox Market Intelligence Platform

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