Chile: Market for Coal Other than Lignite 2024

Market Size for Coal Other than Lignite in Chile

In 2022, the Chilean coal other than lignite market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption continues to indicate a buoyant increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Production of Coal Other than Lignite in Chile

In value terms, coal other than lignite production reduced to $X in 2022 estimated in export price. In general, production recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Coal other than lignite production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Coal Other than Lignite

Exports from Chile

In 2018, approx. X tons of coal other than lignites were exported from Chile; waning by X% compared with the previous year. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2013 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2018, the exports failed to regain momentum.

In value terms, coal other than lignite exports declined sharply to $X in 2018. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2018, the exports failed to regain momentum.

Exports by Country

India (X tons), Spain (X tons) and the Netherlands (X tons) were the main destinations of coal other than lignite exports from Chile, together accounting for X% of total exports.

From 2012 to 2018, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, India ($X), Spain ($X) and the Netherlands ($X) were the largest markets for coal other than lignite exported from Chile worldwide, together accounting for X% of total exports.

Spain, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average coal other than lignite export price stood at $X per ton in 2018, with an increase of X% against the previous year. Overall, the export price, however, faced a abrupt decline. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2018, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2018, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coal Other than Lignite

Imports into Chile

In 2022, supplies from abroad of coal other than lignites increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports showed a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, coal other than lignite imports skyrocketed to $X in 2022. Over the period under review, imports posted strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Colombia (X tons) constituted the largest supplier of coal other than lignite to Chile, accounting for a X% share of total imports. Moreover, coal other than lignite imports from Colombia exceeded the figures recorded by the second-largest supplier, Australia (X tons), twofold. The third position in this ranking was taken by Canada (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Colombia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Canada (X% per year).

In value terms, the largest coal other than lignite suppliers to Chile were Colombia ($X), Australia ($X) and the United States ($X), with a combined X% share of total imports.

In terms of the main suppliers, Australia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average coal other than lignite import price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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