Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Kenya - 2022

Contents:

  1. Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Kenya (CIF) - 2022
  2. Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Kenya (FOB) - 2022
  3. Imports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Kenya
  4. Exports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Kenya

Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Kenya (CIF) - 2022

The average import price for coal; bituminous, whether or not pulverised, but not agglomerateds stood at $39 per ton in 2022, dropping by -53% against the previous year. Overall, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 41%. Over the period under review, average import prices hit record highs at $97 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +1.6% per year.

Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Kenya (FOB) - 2022

The average export price for coal; bituminous, whether or not pulverised, but not agglomerateds stood at $571 per ton in 2022, with an increase of 18% against the previous year. Overall, the export price recorded a significant increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 117% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($603 per ton), while the average price for exports to Rwanda totaled $546 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+22.6%).

Imports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Kenya

In 2022, purchases abroad of coal; bituminous, whether or not pulverised, but not agglomerateds decreased by -97.2% to 14K tons, falling for the second year in a row after two years of growth. Overall, imports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 29%. As a result, imports reached the peak of 704K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of coal; bituminous, whether or not pulverised, but not agglomerateds reduced notably to $526K in 2022. Over the period under review, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. As a result, imports reached the peak of $41M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Kenya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania0.20.20.30.535.7%
RussiaN/AN/A2.4N/A0%
United StatesN/A3.59.5N/A171.4%
South Africa36.037.327.2N/A-13.1%
OthersN/AN/AN/AN/A0%
Total36.141.039.30.5-76.0%

Top Suppliers of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated to Kenya in 2022:

  1. Tanzania (13.6K tons)

Exports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Kenya

For the third consecutive year, Kenya recorded decline in overseas shipments of coal; bituminous, whether or not pulverised, but not agglomerateds, which decreased by -92% to 1.4 tons in 2022. Over the period under review, exports showed a significant curtailment. The smallest decline of -80.6% was in 2020.

In value terms, exports of coal; bituminous, whether or not pulverised, but not agglomerateds dropped significantly to $788 in 2022. Overall, exports showed a dramatic contraction. The smallest decline of -69.4% was in 2020.

Export of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the CongoN/AN/AN/A0.40%
Rwanda89.527.48.30.4-83.5%
OthersN/A0.10.1N/A0.0%
Total89.527.48.40.8-79.2%

Top Export Markets for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated from Kenya in 2022:

  1. Rwanda (780.0 kg)
  2. Democratic Republic of the Congo (600.0 kg)

Source: IndexBox Market Intelligence Platform

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