Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Norway - 2024

Contents:

  1. Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Norway (CIF) - 2024
  2. Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Norway (FOB) - 2022
  3. Imports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Norway
  4. Exports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Norway

Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Norway (CIF) - 2024

In January 2024, the average import price for coal; bituminous, whether or not pulverised, but not agglomerateds amounted to $350 per ton, which is down by -17.5% against the previous month. In general, the import price saw a abrupt curtailment. The pace of growth was the most pronounced in December 2023 when the average import price increased by 18% against the previous month. The import price peaked at $658 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In January 2024, the country with the highest price was Poland ($485 per ton), while the price for Colombia amounted to $338 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (-0.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for coal; bituminous, whether or not pulverised, but not agglomerateds amounted to $131 per ton, increasing by 38% against the previous year. In general, the export price continues to indicate a perceptible expansion. The pace of growth was the most pronounced in 2018 an increase of 108% against the previous year. As a result, the export price reached the peak level of $159 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($163 per ton), while the average price for exports to the Netherlands ($80 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 the UK (+6.4%), 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 Norway

In 2022, approx. 1.1M tons of coal; bituminous, whether or not pulverised, but not agglomerateds were imported into Norway; with an increase of 175% compared with the previous year. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of coal; bituminous, whether or not pulverised, but not agglomerateds surged to $236M in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia36.741.164.919775.1%
Poland2.21.52.318.3102.6%
United States3.05.18.38.843.1%
Kazakhstan0.20.3N/A7.9240.6%
Russia7.16.98.63.7-19.5%
OthersN/A0.2N/AN/A0%
Total49.355.084.123668.5%

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

  1. Colombia (993.4K tons)
  2. Poland (68.3K tons)
  3. United States (20.6K tons)
  4. Kazakhstan (19.8K tons)
  5. Russia (12.1K tons)

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

In 2022, the amount of coal; bituminous, whether or not pulverised, but not agglomerateds exported from Norway surged to 670K tons, increasing by 220% compared with the previous year. In general, exports continue to indicate a significant expansion. 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 surged to $88M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/A0.224.612200.0%
GermanyN/A2.05.315.0173.9%
Netherlands9.00.1N/A5.2-16.7%
SpainN/A0.83.73.093.6%
United KingdomN/AN/AN/A2.20%
Others13.64.810.838.040.8%
Total22.67.720.088.057.3%

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

  1. Poland (150.8K tons)
  2. Germany (134.3K tons)
  3. Netherlands (65.3K tons)
  4. Spain (21.8K tons)
  5. United Kingdom (13.5K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Coal; bituminous, whether or not pulverised, but not agglomerated - Norway