Australian Coal Exports Decline in April amid Slack Demand

Australia’s coal exports have diminished by 5.87% on a month-on-month basis to 30.38 million metric tons (MnT) in April, as compared to 32.27 MnT in March, as per the latest vessel lineup data compiled by CoalMint Research.

Nevertheless, it is worth noting that the month of April traditionally witnesses weak demand for seaborne coal – as it comes between the winter and summer power demand peaks.

However, on a year-on-year basis, the country’s coal exports grew marginally by about 3% than the export volume of 29.48 MnT in Apr’18.

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

Major Coal Importers from Australia in Apr’19:

Japan remained the largest receiver of Australian coal in Apr’19, followed by China, India and South Korea — generally these four nations together account for approximately three-fourths of Australia’s total coal shipments during any particular month.

However, Japanese coal imports from Australia have fallen by 12.9% to 8.19 MnT in Apr’19, against 9.41 MnT in Mar’19.

Contrarily, Chinese coal imports from Australia have risen by 24.3% to 7.72 MnT in Apr’19, against 6.21 MnT in Mar’19.

Notably, India replaced South Korea to become the third-largest Australian coal importer during the month of Apr’19.

Indian coal imports from Australia have increased by 7% to 3.26 MnT in Apr’19, against 3.04 MnT in Mar’19.

More importantly, South Korean coal imports from Australia have decreased by 26.7% to 3.11 MnT in Apr’19, against 4.24 MnT in Mar’19.

Taiwanese coal imports from Australia decreased by 3.9% to 2.82 MnT in Apr’19, against 2.93 MnT in Mar’19.

Source: CoalMint Research | Quantity in MnT

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

Country Apr’19 Mar’19 Change
Japan 8,189,554 9,406,267 -12.94%
China 7,717,561 6,210,778 24.26%
India 3,257,967 3,043,873 7.03%
South Korea 3,108,215 4,242,663 -26.74%
Taiwan 2,819,589 2,934,921 -3.93%
Vietnam 1,284,382 978,989 31.19%
Thailand 471,243 221,650 112.61%
Indonesia 382,201 586,316 -34.81%
Brazil 297,041 522,707 -43.17%
Sweden 162,000 81,000 100.00%
Netherlands 158,804 733,464 -78.35%
New Caledonia 156,000
Malaysia 143,085 423,268 -66.20%
United Arab Emirates 137,900
Philippines 130,000 135,070 -3.75%
Poland 75,000
Turkey 330,000
Chile 315,788
South Africa 255,815
Spain 77,000
Hong Kong 58,835
Argentina 49,500
New Zealand 39,000
Others 1,886,085 1,623,934 16.14%
GRAND TOTAL 30,376,627 32,270,838 -5.87%

Source: CoalMint Research | Quantity in MT


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