Norway: Market for Coal Other than Lignite 2024

Market Size for Coal Other than Lignite in Norway

The Norwegian coal other than lignite market skyrocketed to $X in 2022, increasing by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Coal Other than Lignite in Norway

In value terms, coal other than lignite production reached $X in 2022 estimated in export price. Over the period under review, production saw a sharp slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Exports of Coal Other than Lignite

Exports from Norway

Coal other than lignite exports from Norway soared to X tons in 2022, with an increase of X% on the previous year's figure. Over the period under review, exports, however, saw a mild descent. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, coal other than lignite exports skyrocketed to $X in 2022. In general, exports showed a relatively flat trend pattern. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Poland (X tons) and the Netherlands (X tons) were the main destinations of coal other than lignite exports from Norway, together comprising X% of total exports. The UK, Spain, Sweden and Denmark lagged somewhat behind, together comprising a further X%.

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

In value terms, Poland ($X), Germany ($X) and the UK ($X) constituted the largest markets for coal other than lignite exported from Norway worldwide, together comprising X% of total exports. The Netherlands, Spain, Denmark and Sweden lagged somewhat behind, together accounting for a further X%.

Denmark, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average coal other than lignite export price amounted to $X per ton, with an increase of X% against the previous year. Overall, export price indicated a noticeable 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 other than lignite export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coal Other than Lignite

Imports into Norway

In 2022, purchases abroad of coal other than lignites increased by X% to X tons, rising for the sixth consecutive year after two years of decline. Over the period under review, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, coal other than lignite imports soared to $X in 2022. Overall, imports showed a remarkable increase. As a result, imports attained the peak 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 Norway, 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, Poland (X tons), more than tenfold. The third position in this ranking was held by Russia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Colombia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Russia (X% per year).

In value terms, Colombia ($X) constituted the largest supplier of coal other than lignites to Norway, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Colombia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average coal other than lignite import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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