Price for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Nigeria - 2022
Contents:
- Price for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Nigeria (FOB) - 2022
- Price for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Nigeria (CIF) - 2022
- Exports of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Nigeria
- Imports of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Nigeria
Price for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Nigeria (FOB) - 2022
The average export price for coal; anthracite, whether or not pulverised, but not agglomerateds stood at $105 per ton in 2022, growing by 14% against the previous year. In general, the export price continues to indicate modest growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Benin ($128 per ton), while the average price for exports to Togo ($24 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+4.1%).
Price for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Nigeria (CIF) - 2022
In 2022, the average import price for coal; anthracite, whether or not pulverised, but not agglomerateds amounted to $1,138 per ton, surging by 76% against the previous year. Overall, the import price posted a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 India ($1,795 per ton), while the price for South Africa totaled $294 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Nigeria
In 2022, approx. 4.9K tons of coal; anthracite, whether or not pulverised, but not agglomerateds were exported from Nigeria; which is down by -72.2% compared with the year before. Overall, exports saw a sharp contraction.
In value terms, exports of coal; anthracite, whether or not pulverised, but not agglomerateds shrank sharply to $513K in 2022. In general, exports faced a sharp curtailment.
| Export of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Niger | 1,620 | 409 | -74.8% | ||
| Benin | N/A | 101 | 0% | ||
| Togo | N/A | 1.9 | 0% | ||
| Others | 5.1 | N/A | 0% | ||
| Total | 1,625 | 513 | -68.4% | ||
Top Export Markets for Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated from Nigeria in 2022:
- Niger (4.0K tons)
- Benin (0.8K tons)
- Togo (0.1K tons)
Imports of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Nigeria
In 2022, the amount of coal; anthracite, whether or not pulverised, but not agglomerateds imported into Nigeria skyrocketed to 288 tons, with an increase of 248% on the previous year's figure. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 380%. As a result, imports reached the peak of 468 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of coal; anthracite, whether or not pulverised, but not agglomerateds surged to $328K in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 517% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.
| Import of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.3 | 13.3 | 5.9 | 287 | 504.4% |
| South Africa | 5.9 | 38.7 | 3.7 | 37.2 | 84.7% |
| Belgium | 19.4 | 98.5 | 21.9 | N/A | 6.2% |
| United States | 16.4 | 96.0 | 18.1 | N/A | 5.1% |
| Italy | 1.9 | 36.6 | 0.4 | N/A | -54.1% |
| Others | 3.3 | 14.6 | 3.4 | 3.0 | -3.1% |
| Total | 48.2 | 298 | 53.5 | 328 | 89.5% |
Top Suppliers of Coal; Anthracite, Whether or Not Pulverised, But Not Agglomerated to Nigeria in 2022:
- India (160.1 tons)
- South Africa (126.4 tons)
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