Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Egypt - 2023

Contents:

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

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

The average import price for coal; bituminous, whether or not pulverised, but not agglomerateds stood at $125 per ton in 2022, surging by 3.9% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2019 an increase of 29% against the previous year. The import price peaked at $205 per ton in 2016; however, from 2017 to 2022, import prices stood 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 South Africa ($307 per ton), while the price for the United States ($114 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for coal; bituminous, whether or not pulverised, but not agglomerateds stood at $213 per ton in 2022, declining by -2.6% against the previous year. In general, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for coal; bituminous, whether or not pulverised, but not agglomerateds decreased by -6.4% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 105%. Over the period under review, the average export prices reached the peak figure at $238 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($1,387 per ton), while the average price for exports to Saudi Arabia ($39 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 Jordan (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Egypt

In 2022, the amount of coal; bituminous, whether or not pulverised, but not agglomerateds imported into Egypt skyrocketed to 2.9M tons, rising by 98% against the previous year. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 263% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of coal; bituminous, whether or not pulverised, but not agglomerateds soared to $355M in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 314%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

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

1. United States (2559.6K tons)
2. Russia (132.5K tons)
3. South Africa (85.2K tons)
4. Turkey (72.8K tons)

Exports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Egypt

For the fourth year in a row, Egypt recorded growth in overseas shipments of coal; bituminous, whether or not pulverised, but not agglomerateds, which increased by 5.1% to 678 tons in 2022. The total export volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of coal; bituminous, whether or not pulverised, but not agglomerateds expanded slightly to $144K in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. United Arab Emirates (357.4 tons)
2. Saudi Arabia (296.4 tons)
3. Kuwait (12.4 tons)

Source: IndexBox Market Intelligence Platform