Price for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Latvia - 2023

Contents:

  1. Price for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Latvia (CIF) - 2022
  2. Price for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Latvia (FOB) - 2022
  3. Imports of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Latvia
  4. Exports of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Latvia

Price for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Latvia (CIF) - 2022

In 2022, the average import price for coal; anthracite, whether or not pulverised, but not agglomerateds amounted to $107 per ton, which is down by -5.9% against the previous year. In general, the import price saw a deep contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 63%. The import price peaked at $215 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -6.2% per year.

Price for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Latvia (FOB) - 2022

The average export price for coal; anthracite, whether or not pulverised, but not agglomerateds stood at $189 per ton in 2022, falling by -90.7% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 1,002%. As a result, the export price reached the peak level of $3,907 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($323 per ton), while the average price for exports to Romania ($104 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 Germany (+13.9%), while the prices for the other major destinations experienced a decline.

Imports of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Latvia

In 2022, the amount of coal; anthracite, whether or not pulverised, but not agglomerateds imported into Latvia skyrocketed to 23K tons, rising by 4,952% compared with the previous year's figure. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of coal; anthracite, whether or not pulverised, but not agglomerateds skyrocketed to $2.5M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia30.171.135.72,480335.1%
Others46.120.016.812.7-34.9%
Total76.291.152.42,493219.8%

Top Suppliers of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated to Latvia in 2022:

  1. Russia (23.3K tons)

Exports of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Latvia

In 2022, overseas shipments of coal; anthracite, whether or not pulverised, but not agglomerateds increased by 1,096,452% to 318 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of coal; anthracite, whether or not pulverised, but not agglomerateds soared to $60K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SlovakiaN/AN/AN/A36.80%
RomaniaN/AN/AN/A19.10%
UkraineN/AN/AN/A2.60%
Oman4.0N/AN/AN/A0%
OthersN/A1.20.11.719.0%
Total4.01.20.160.2146.9%

Top Export Markets for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated from Latvia in 2022:

  1. Romania (182.7 tons)
  2. Slovakia (113.9 tons)
  3. Ukraine (20.3 tons)

Source: IndexBox Market Intelligence Platform

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