Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Venezuela - 2022

Contents:

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

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

The average export price for coal; bituminous, whether or not pulverised, but not agglomerateds stood at $177 per ton in 2022, picking up by 70% against the previous year. Overall, the export price posted a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($643 per ton), while the average price for exports to the United States ($72 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 Poland (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for coal; bituminous, whether or not pulverised, but not agglomerateds amounted to $94 per ton, with a decrease of -3.4% against the previous year. In general, the import price recorded a noticeable decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by 75% against the previous year. Over the period under review, average import prices reached the peak figure at $116 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the Netherlands ($109 per ton), while the price for Spain ($9.5 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-4.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, shipments abroad of coal; bituminous, whether or not pulverised, but not agglomerateds decreased by -24.2% to 355K tons, falling for the second consecutive year after two years of growth. In general, exports saw a slight descent. The pace of growth appeared the most rapid in 2020 when exports increased by 44%. As a result, the exports attained the peak of 531K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of coal; bituminous, whether or not pulverised, but not agglomerateds soared to $63M in 2022. The total export value increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Venezuela (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A13.90%
Spain10.816.95.610.2-1.9%
Peru6.06.88.57.89.1%
Dominican Republic3.13.95.57.232.4%
United Kingdom4.66.37.36.311.1%
Italy5.75.45.64.2-9.7%
Brazil4.54.44.73.7-6.3%
Canada2.62.73.12.60.0%
Netherlands4.43.73.42.3-19.4%
Guatemala2.32.32.62.2-1.5%
United States1.51.41.41.1-9.8%
Others0.90.91.01.313.0%
Total46.354.848.862.810.7%

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

  1. Spain (105.2K tons)
  2. United Kingdom (53.2K tons)
  3. Dominican Republic (40.3K tons)
  4. Peru (32.3K tons)
  5. Poland (21.6K tons)
  6. Brazil (21.4K tons)
  7. Italy (17.9K tons)
  8. Canada (17.8K tons)
  9. Guatemala (16.5K tons)
  10. United States (15.0K tons)
  11. Netherlands (7.9K tons)

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

In 2022, approx. 1.2K tons of coal; bituminous, whether or not pulverised, but not agglomerateds were imported into Venezuela; reducing by -13.4% on 2021 figures. Over the period under review, imports faced a abrupt contraction.

In value terms, imports of coal; bituminous, whether or not pulverised, but not agglomerateds contracted dramatically to $111K in 2022. Overall, imports faced a drastic downturn. The smallest decline of -16.3% was in 2021.

Import of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands181154130110-15.3%
Spain8.54.92.71.5-43.9%
Others1.20.60.40.3-37.0%
Total190159133111-16.4%

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

  1. Netherlands (1008.3 tons)
  2. Spain (162.5 tons)

Source: IndexBox Market Intelligence Platform

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