Price for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Mexico - 2023
Contents:
- Price for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Mexico (CIF) - 2023
- Price for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Mexico (FOB) - 2022
- Imports of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Mexico
- Exports of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Mexico
Price for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Mexico (CIF) - 2023
The average import price for coal; anthracite, whether or not pulverised, but not agglomerateds stood at $200 per ton in November 2023, declining by -54.7% against the previous month. In general, the import price faced a abrupt contraction. The most prominent rate of growth was recorded in June 2023 an increase of 56% month-to-month. As a result, import price reached the peak level of $649 per ton. From July 2023 to November 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Peru.
From April 2023 to November 2023, the rate of growth in terms of prices for China amounted to 0.0% per month.
Price for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Mexico (FOB) - 2022
The average export price for coal; anthracite, whether or not pulverised, but not agglomerateds stood at $350 per ton in 2022, increasing by 9.3% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $354 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($458 per ton), while the average price for exports to Guatemala ($332 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 El Salvador (-0.3%), while the prices for the other major destinations experienced a decline.
Imports of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Mexico
In 2022, approx. 5.4K tons of coal; anthracite, whether or not pulverised, but not agglomerateds were imported into Mexico; waning by -64.4% on 2021. In general, imports showed a precipitous setback. The smallest decline of -55.9% was in 2021.
In value terms, imports of coal; anthracite, whether or not pulverised, but not agglomerateds shrank to $2.6M in 2022. Over the period under review, imports showed a dramatic decrease.
Import of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Peru | 4.2 | 2.2 | 1.6 | -38.3% | |
China | 0.6 | N/A | 1.0 | 29.1% | |
Russia | N/A | 0.6 | N/A | 0% | |
United States | 0.6 | 0.1 | N/A | -83.3% | |
Others | N/A | N/A | N/A | 0% | |
Total | 5.4 | 2.9 | 2.6 | -30.6% |
Top Suppliers of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated to Mexico in 2022:
- Peru (4.3K tons)
- China (1.1K tons)
Exports of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Mexico
In 2022, the amount of coal; anthracite, whether or not pulverised, but not agglomerateds exported from Mexico surged to 4.5K tons, growing by 19% compared with the previous year's figure. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year.
In value terms, exports of coal; anthracite, whether or not pulverised, but not agglomerateds soared to $1.6M in 2022. In general, total exports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 369 | 231 | 488 | 753 | 26.8% |
El Salvador | 812 | 659 | 643 | 549 | -12.2% |
Dominican Republic | 5.7 | N/A | 62.8 | 251 | 253.1% |
United States | 166 | N/A | N/A | N/A | 0% |
Others | 6.6 | 1.5 | 1.6 | 5.9 | -3.7% |
Total | 1,360 | 891 | 1,196 | 1,559 | 4.7% |
Top Export Markets for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated from Mexico in 2022:
- Guatemala (2.3K tons)
- El Salvador (1.6K tons)
- Dominican Republic (0.5K 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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