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Mongolia 2022 coal exports double, 94% to China www.sxcoal.com
Mongolia's coal exports came in at 31.69 million tonnes in 2022, surging 101.72% or 15.98 million tonnes year on year. The export value jumped 134.99% from the year prior to $6.50 billion, showed data from the Mongolian Customs General Administration (MCGA).
MCGA didn't release the specific figure for December, and Sxcoal calculated the shipments at 4.58 million tonnes based on the overall exports published by the administration.
The volume surged 746.57% or 4.04 million tonnes year on year and increased 14.50% or 579,900 tonnes month on month, data showed.
In December, the export amounts totaled $756 million, with the average price calculated at $165.12/t, down $141.50/t year on year but up $8.65/t month on month.
Mongolia exported 29.77 million tonnes of coal to China in 2022, soaring 104.50% year on year, taking up 94% of the total.
In December, exports to China rocketed 795.61% year on year and climbed by 15.81% month on month to 4.40 million tonnes, taking up 96% of the total. The exports were worth $723 million, with an average price of $164.24/t, down $146.17/t year on year but up $9.95/t month on month.
Mongolia's exports of bituminous coal rose 102.34% year on year to 31.36 million tonnes last year; the volume of anthracite was 124,800 tonnes, up 167.12% from a year ago; and other coal exports gained 23.03% from the year prior to 199,400 tonnes.
In December, Mongolia's bituminous coal exports stood at 4.51 million tonnes, jumping 740.76% year on year and climbing 13.49% month on month; it did not export any anthracite, compared with 4,300 tonnes in the year-ago month; other coal exports were 67,900 tonnes, skyrocketing 177.36% from the month-ago level and compared with zero shipment in the same month in the preceding year.
(Writing by Emma Yang Editing by Harry Huo)
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Published Date:2023-01-18
