Kuwait: Market for Coal Other than Lignite 2024

Market Size for Coal Other than Lignite in Kuwait

The Kuwaiti coal other than lignite market dropped significantly to $X in 2022, which is down by X% against the previous year. Overall, consumption continues to indicate a deep setback. Coal other than lignite consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Coal Other than Lignite in Kuwait

In value terms, coal other than lignite production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume decreased by X%. Coal other than lignite production peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Coal Other than Lignite

Exports from Kuwait

In 2022, the amount of coal other than lignites exported from Kuwait skyrocketed to X tons, increasing by X% compared with the previous year's figure. Overall, exports, however, showed a abrupt contraction. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, coal other than lignite exports skyrocketed to $X in 2022. In general, exports, however, showed a sharp setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Qatar (X tons), Saudi Arabia (X tons) and the United Arab Emirates (X tons) were the main destinations of coal other than lignite exports from Kuwait.

From 2013 to 2022, the biggest increases were recorded for Qatar (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Qatar ($X) emerged as the key foreign market for coal other than lignites exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to Qatar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average coal other than lignite export price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced a decline.

Imports of Coal Other than Lignite

Imports into Kuwait

In 2022, the amount of coal other than lignites imported into Kuwait fell notably to X tons, with a decrease of X% against 2021. Over the period under review, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, coal other than lignite imports fell significantly to $X in 2022. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Africa (X tons) constituted the largest supplier of coal other than lignite to Kuwait, accounting for a X% share of total imports. Moreover, coal other than lignite imports from South Africa exceeded the figures recorded by the second-largest supplier, Egypt (X tons), eightfold.

From 2013 to 2022, the average annual growth rate of volume from South Africa totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Iran (X% per year).

In value terms, South Africa ($X) constituted the largest supplier of coal other than lignites to Kuwait, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of value from South Africa totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Iran (X% per year).

Import Prices by Country

In 2022, the average coal other than lignite import price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Iran ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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