Australia and Oceania: Market for Coal Other than Lignite 2024

Market Size for Coal Other than Lignite in Australia and Oceania

In 2022, the coal other than lignite market in Australia and Oceania decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2021, and then shrank significantly in the following year.

Production of Coal Other than Lignite in Australia and Oceania

In value terms, coal other than lignite production shrank to $X in 2022 estimated in export price. Overall, production, however, saw a perceptible contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Coal Other than Lignite

Exports in Australia and Oceania

In 2022, shipments abroad of coal other than lignites increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, coal other than lignite exports skyrocketed to $X in 2022. Over the period under review, exports saw resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the one major exporters of coal other than lignites, namely Australia, represented more than two-thirds of total export.

Australia was also the fastest-growing in terms of the coal other than lignites exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest coal other than lignite supplier in Australia and Oceania.

From 2012 to 2022, the average annual growth rate of value in Australia stood at X%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to X% per year.

Imports of Coal Other than Lignite

Imports in Australia and Oceania

In 2022, overseas purchases of coal other than lignites increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, coal other than lignite imports rose significantly to $X in 2022. Over the period under review, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, New Caledonia (X tons) was the major importer of coal other than lignites, mixing up X% of total imports. It was distantly followed by Australia (X tons), committing a X% share of total imports. New Zealand (X tons) and Papua New Guinea (X tons) followed a long way behind the leaders.

Imports into New Caledonia increased at an average annual rate of X% from 2012 to 2022. At the same time, Papua New Guinea (X%), Australia (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Australia, New Caledonia and New Zealand increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest coal other than lignite importing markets in Australia and Oceania were New Caledonia ($X), Australia ($X) and New Zealand ($X), with a combined X% share of total imports. These countries were followed by Papua New Guinea, which accounted for a further X%.

Papua New Guinea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, waning by X% against the previous year. Import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coal other than lignite import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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