Russian Federation: Market for Coal Other than Lignite 2024

Market Size for Coal Other than Lignite in the Russian Federation

In 2022, the Russian coal other than lignite market decreased by X% to $X, falling for the fourth consecutive year after three years of growth. In general, consumption showed a deep slump. Coal other than lignite consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Coal Other than Lignite in the Russian Federation

In value terms, coal other than lignite production declined to $X in 2022 estimated in export price. Overall, production recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Coal other than lignite production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Coal Other than Lignite

Exports from the Russian Federation

In 2022, shipments abroad of coal other than lignites increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total exports indicated resilient 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 was the most pronounced in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, coal other than lignite exports soared to $X in 2022. Overall, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

China (X tons), Turkey (X tons) and Germany (X tons) were the main destinations of coal other than lignite exports from Russia, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for coal other than lignites exports from Russia, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with an X% share of total exports. It was followed by India, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the average coal other than lignite export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, export price indicated a temperate 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 other than lignite export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Italy ($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 South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coal Other than Lignite

Imports into the Russian Federation

In 2022, approx. X tons of coal other than lignites were imported into Russia; reducing by X% on 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, coal other than lignite imports fell to $X in 2022. In general, imports showed a drastic downturn. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kazakhstan (X tons) was the main coal other than lignite supplier to Russia, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Kazakhstan was relatively modest.

In value terms, Kazakhstan ($X) constituted the largest supplier of coal other than lignites to Russia.

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

Import Prices by Country

The average coal other than lignite import price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the import price saw a deep slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :