Eastern Europe: Coal Market 2024

Coal Market Size in Eastern Europe

In 2022, the East European coal market decreased by X% to $X, falling for the fourth consecutive year after three years of growth. In general, consumption recorded a deep reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Coal Production in Eastern Europe

In value terms, coal production contracted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Coal Exports

Exports in Eastern Europe

In 2022, overseas shipments of coal increased by X% to X tons, rising for the second year in a row after two years of decline. Total exports indicated strong growth 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, coal exports surged to $X in 2022. In general, exports showed resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Russia prevails in exports structure, accounting for X tons, which was near X% of total exports in 2022. Poland (X tons) held a little share of total exports.

Russia was also the fastest-growing in terms of the coal exports, with a CAGR of X% from 2012 to 2022. At the same time, Poland (X%) displayed positive paces of growth. Russia (X p.p.) significantly strengthened its position in terms of the total exports, while Poland saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest coal supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to X%.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, with an increase of X% against the previous year. Export price indicated a perceptible increase 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 export price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Poland totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Coal Imports

Imports in Eastern Europe

In 2022, overseas purchases of coal increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, coal imports surged to $X in 2022. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Poland (X tons) and Russia (X tons) were the major importers of coal in 2022, amounting to near X% and X% of total imports, respectively. The Czech Republic (X tons) ranks next in terms of the total imports with a X% share, followed by Slovakia (X%) and Ukraine (X%). The following importers - Belarus (X tons) and Hungary (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constitutes the largest market for imported coal in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by Ukraine, with an X% share.

In Poland, coal imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Ukraine (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, with an increase of X% against the previous year. Import price indicated a measured expansion 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 import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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