Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Nigeria - 2022
Contents:
- Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Nigeria (FOB) - 2022
- Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Nigeria (CIF) - 2022
- Exports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Nigeria
- Imports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Nigeria
Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Nigeria (FOB) - 2022
The average export price for coal; bituminous, whether or not pulverised, but not agglomerateds stood at $29 per ton in 2022, with a decrease of -67.4% against the previous year. In general, the export price faced a abrupt setback. The pace of growth appeared the most rapid in 2016 an increase of 38% against the previous year. Over the period under review, the average export prices reached the peak figure at $137 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Niger.
From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to -27.1% per year.
Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Nigeria (CIF) - 2022
The average import price for coal; bituminous, whether or not pulverised, but not agglomerateds stood at $4,094 per ton in 2022, increasing by 6,030% against the previous year. Over the period under review, the import price saw significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -2.2% per year.
Exports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Nigeria
In 2022, approx. 3K tons of coal; bituminous, whether or not pulverised, but not agglomerateds were exported from Nigeria; surging by 3,878% against the previous year's figure. Overall, exports continue to indicate significant growth. 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 skyrocketed to $88K in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 4.1 | 5.6 | 6.7 | 87.7 | 177.6% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 4.1 | 5.7 | 6.8 | 87.7 | 177.6% |
Top Export Markets for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated from Nigeria in 2022:
- Niger (3.0K tons)
Imports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Nigeria
In 2022, supplies from abroad of coal; bituminous, whether or not pulverised, but not agglomerateds decreased by -99.8% to 10 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 50% against the previous year. As a result, imports attained the peak of 77K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of coal; bituminous, whether or not pulverised, but not agglomerateds dropped sharply to $42K in 2022. Over the period under review, imports showed a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 49% against the previous year. As a result, imports reached the peak of $5.6M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 2.7 | 5.1 | 0.2 | N/A | -72.8% |
| China | N/A | N/A | N/A | N/A | 0% |
| United States | 1.0 | 0.5 | 0.2 | N/A | -55.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.8 | 5.6 | 0.4 | N/A | -67.6% |
Top Suppliers of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated to Nigeria in 2022:
- China (10.2 tons)
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