Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in China - 2023
Contents:
- Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in China (FOB) - 2023
- Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in China (CIF) - 2022
- Exports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in China
- Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in China
Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in China (FOB) - 2023
The average export price for briquettes, ovoids and similar solid fuels; manufactured from coals stood at $698 per ton in June 2023, surging by 2.7% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 92% month-to-month. The export price peaked at $721 per ton in February 2023; however, from March 2023 to June 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Japan.
From January 2023 to June 2023, the rate of growth in terms of prices for Japan amounted to +0.1% per month.
Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in China (CIF) - 2022
The average import price for briquettes, ovoids and similar solid fuels; manufactured from coals stood at $14,237 per ton in 2021, jumping by 89% against the previous year. Overall, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 24,467% against the previous year. As a result, import price attained the peak level of $17,975 per ton. From 2019 to 2021, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Zambia ($18,750 per ton), while the price for Indonesia amounted to $9,222 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+14.2%).
Exports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in China
After two years of decline, shipments abroad of briquettes, ovoids and similar solid fuels; manufactured from coals increased by 4.4% to 27K tons in 2022. Overall, exports, however, continue to indicate a abrupt descent.
In value terms, exports of briquettes, ovoids and similar solid fuels; manufactured from coals surged to $21M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 13.4 | 10.9 | 13.9 | 20.0 | 14.3% |
| Mongolia | N/A | N/A | N/A | 0.4 | 0% |
| Malaysia | N/A | 0.5 | 0.1 | 0.4 | -10.6% |
| South Korea | 1.7 | 0.2 | N/A | N/A | -88.2% |
| Others | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Total | 15.2 | 11.7 | 14.1 | 20.8 | 11.0% |
Top Export Markets for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal from China in 2022:
- Japan (25.6K tons)
- Mongolia (1.0K tons)
- Malaysia (0.6K tons)
Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in China
In 2021, after two years of growth, there was significant decline in overseas purchases of briquettes, ovoids and similar solid fuels; manufactured from coals, when their volume decreased by -80% to 76 kg. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 631% against the previous year. As a result, imports reached the peak of 380 kg, and then declined notably in the following year.
In value terms, imports of briquettes, ovoids and similar solid fuels; manufactured from coals reduced rapidly to $1.1K in 2021. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 5,610% against the previous year. As a result, imports reached the peak of $2.9K, and then dropped significantly in the following year.
| Import of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in China (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Zambia | N/A | N/A | 750 | 0% | |
| Indonesia | N/A | 605 | 332 | -45.1% | |
| Hong Kong SAR | N/A | 1,156 | N/A | 0% | |
| United States | N/A | 1,094 | N/A | 0% | |
| India | 2.0 | N/A | N/A | 0% | |
| Australia | 48.0 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 50.0 | 2,855 | 1,082 | 365.2% | |
Top Suppliers of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal to China in 2022:
- Zambia (40.0 kg)
- Indonesia (36.0 kg)
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