Middle East: Market for Coal Other than Lignite 2024

Market Size for Coal Other than Lignite in the Middle East

In 2022, the Middle Eastern coal other than lignite market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption enjoyed resilient growth. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Production of Coal Other than Lignite in the Middle East

In value terms, coal other than lignite production skyrocketed to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Coal Other than Lignite

Exports in the Middle East

In 2022, overseas shipments of coal other than lignites decreased by X% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, coal other than lignite exports totaled $X in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Iran (X tons), comprising a X% share of total exports. The United Arab Emirates (X tons) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the coal other than lignites exports, with a CAGR of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. By contrast, Iran (X%) illustrated a downward trend over the same period. Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates and Iran saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) emerged as the largest coal other than lignite supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Turkey amounted to X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Iran (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, surging by X% against the previous year. Overall, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Iran ($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 Arab Emirates (X%), while the other leaders experienced a decline in the export price figures.

Imports of Coal Other than Lignite

Imports in the Middle East

In 2022, approx. X tons of coal other than lignites were imported in the Middle East; growing by X% against the year before. Over the period under review, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, coal other than lignite imports soared to $X in 2022. Overall, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey represented the largest importing country with an import of around X tons, which amounted to X% of total imports. It was distantly followed by Israel (X tons), creating a X% share of total imports. The United Arab Emirates (X tons) and Iran (X tons) followed a long way behind the leaders.

Imports into Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Iran (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) and Israel (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey and Iran increased by X and X percentage points, respectively.

In value terms, Turkey ($X) constitutes the largest market for imported coal other than lignites in the Middle East, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with an X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey stood at X%. In the other countries, the average annual rates were as follows: Israel (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price continues to indicate temperate growth. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of import peaked in 2022 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 Israel ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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