Thailand: Market for Coal Other than Lignite 2024

Market Size for Coal Other than Lignite in Thailand

For the third year in a row, the Thai coal other than lignite market recorded growth in sales value, which increased by X% to $X in 2022. In general, the total consumption indicated a pronounced expansion from 2012 to 2022: its value 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, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Coal Other than Lignite

Exports from Thailand

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. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, coal other than lignite exports skyrocketed to $X in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Cambodia (X tons) was the main destination for coal other than lignite exports from Thailand, accounting for a X% share of total exports. It was followed by Lao People's Democratic Republic (X tons), with a X% share of total exports. The third position in this ranking was held by Indonesia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Cambodia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (X% per year) and Indonesia (X% per year).

In value terms, Cambodia ($X) remains the key foreign market for coal other than lignites exports from Thailand, comprising X% of total exports. The second position in the ranking was held by Bahrain ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cambodia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and Indonesia (X% per year).

Export Prices by Country

The average coal other than lignite export price stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price, however, showed a perceptible descent. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Lao People's Democratic Republic ($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 Bangladesh (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coal Other than Lignite

Imports into Thailand

After two years of growth, purchases abroad of coal other than lignites decreased by X% to X tons in 2022. 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 in certain years. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, coal other than lignite imports surged to $X in 2022. Overall, imports, however, showed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest supplier of coal other than lignite to Thailand, accounting for a X% share of total imports. Moreover, coal other than lignite imports from Indonesia exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold. The third position in this ranking was taken by the Philippines (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Indonesia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and the Philippines (X% per year).

In value terms, Indonesia ($X) constituted the largest supplier of coal other than lignites to Thailand, comprising X% of total imports. The second position in the ranking was held by Australia ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Indonesia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Russia (X% per year).

Import Prices by Country

The average coal other than lignite import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price posted a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Russia ($X per ton), while the price for Australia ($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 Philippines (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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