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Australia Coal Exports Fall by 12.9% in Feb'19 and Lowest since Apr'17

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12 Mar 2019, 19:00 IST
Australia Coal Exports Fall by 12.9% in Feb'19 and Lowest since Apr'17

Australian coal exports in February totaled 27.43 million metric tonnes (MnT), down 12.90% month on month, and making it the lowest monthly volume since April 2017, according to the latest vessel lineup data compiled by CoalMint Research.

When compared on a year-on-year basis, Australia's Feb'19 coal exports only marginally lesser (by 1.74%) than the export volume of 27.92 MnT in Feb'18.

Source: Vessel Line-up Data, CoalMint Research | Quantity in MnT

Major Coal Importers from Australia in Feb'19:

Japan remained the largest receiver of Australian coal in Feb'19, followed by China, South Korea and India -- these four nations together accounted for more than three-fourths of Australia's total coal shipments during the month under review.

However, Japanese coal imports from Australia fell by 14.5% to 8.72 MnT in Feb'19, against 10.20 MnT in Jan'19.

Chinese coal imports from Australia have also fallen but slightly by 1.75% to 5.88 MnT in Feb'19, against 5.99 MnT in Jan'19.

South Korea replaced India to become the third-largest Australian coal importer during the month of Feb'19.

South Korean coal imports from Australia have, however, decreased by 16.3% to 3.31 MnT in Feb'19, against 3.95 MnT in Jan'19.

Contrarily, Indian coal imports from Australia registered a growth of about 5.2% to 3.18 MnT in Feb'19, against 3.03 MnT in Jan'19.

Taiwanese coal imports from Australia decreased by nearly 2% to 2.70 MnT in Feb'19, against 2.74 MnT in Jan'19.

Source: CoalMint Research | Quantity in MnT

The following table provides a more detailed breakup of the importing countries.

Country Feb'19 Jan'19 Change
Japan 8,722,968 10,199,701 -14.48%
China 5,882,645 5,987,199 -1.75%
South Korea 3,305,048 3,949,259 -16.31%
India 3,182,148 3,025,414 5.18%
Taiwan 2,696,437 2,739,713 -1.58%
Brazil 459,782 220,310 108.70%
Malaysia 459,725 611,975 -24.88%
Indonesia 375,350 398,095 -5.71%
Vietnam 355,520 744,218 -52.23%
Spain 332,000 160,000 107.50%
United Kingdom 188,900
Germany 77,000
Gibraltar 75,000
France 73,612
New Caledonia 73,508 100,035 -26.52%
Philippines 71,500 71,050 0.63%
Chile 45,000 120,000 -62.50%
Thailand 38,500 172,080 -77.63%
New Zealand 38,220
Netherlands 1,171,570
Turkey 278,960
Hong Kong 158,514
South Africa 157,600
Poland 135,500
Sweden 133,000
Mexico 75,000
Others 981,750 889,310
GRAND TOTAL 27,434,613 31,498,503 -12.90%

Source: CoalMint Research | Quantity in MT

12 Mar 2019, 19:00 IST

 

 

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