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Indonesia’s coal exports surged throughout 2022, with the EU and India receiving the lion’s share of those will increase. In its newest weekly report, shipbroker Banchero Costa stated that “after a gradual begin within the first quarter, world coal commerce has actually picked up tempo final 12 months, and is now totally again to pre-Covid ranges. Within the full 12 months of 2022, complete world seaborne coal loadings elevated by +5.9% y-o-y to 1204.9 mln t (excluding cabotage), from 1138.3 mln t within the full 12 months of 2021, though nonetheless beneath the 1275.6 mln t in Jan-Dec 2019. As already talked about, the worst was at begin of the 12 months, and the development in current months has been more and more constructive. In 1Q 2022, world loadings had been down -4.8% y-o-y to simply 257.4 mln t, and down -20.3% from 1Q 2019. In 2Q 2022, coal loadings had been a robust +8.5% y-o-y at 313.8 mln t, and down -4.1% from 2Q 2019. In 3Q 2022, shipments elevated once more to 317.2 mln t, up +6.3% y-o-y, and simply -0.7% from 3Q 2019. In 4Q 2022, loadings had been 316.5 mln t, up +12.9% y-o-y from 4Q 2021, and -0.6% from 4Q 2019”.
In accordance with the shipbroker “in Jan-Dec 2022, exports from Indonesia elevated by +21.2% y-o-y to 388.9 mln t, while from Australia down -5.0% y-o-y to 340.3 mln t. Seaborne coal imports into the European Union surged by +33.9% yo-y to 116.5 mln t in Jan-Dec 2022, while imports to India elevated by +13.6% y-o-y to 203.8 mln t, and imports to China declined by -3.2% y-o-y to 234.7 mln t. Indonesia is the world’s largest seaborne exporter of coal, accounting for 32.3% of the worldwide seaborne coal market in 2022. Export volumes from Indonesia had been comparatively depressed throughout 2020 and 2021, because of disruption from Covid19 and from authorities insurance policies favouring home consumption, however bounced again to an all-time report excessive in 2022”.
“Whole seaborne coal exports from Indonesia within the 12 months of 2022 reached 388.9 mln tonnes, in accordance with Refinitiv vessel monitoring knowledge. This was up +21.2% y-o-y from the 321.0 mln tonnes of 2021, and +25.4% from the low of 310.3 mln t in 2020, and in addition +0.7% from the earlier report 386.2 mln t in 2019. The overwhelming majority of Indonesian coal exports are loaded in East Kalimantan and South Kalimantan (the island of Borneo), with some volumes additionally shipped from southern Sumatra island.
The principle coal export terminals in Indonesia are: Taboneo/ Banjarmasin (78.1 mln t loaded in Jan-Dec 2022), Samarinda (74.2 mln t), Tanjung Bara (32.1 mln t), Muara Banyu Asin (30.7 mln t), Balikpapan (27.5 mln t), Bunati (25.6 mln t), Adang Bay (21.8 mln t), Muara Pantai (21.4 mln t), Pulau Laut (15.3 mln t), Tarakan Island (9.7 mln t), Muara Satui (8.5 mln t), Bontang (8.1 mln t), Tarahan (8.0 mln t), Tanjung Pemancingan (7.8 mln t), Muara Sabak (5.9 mln t). The bulk (57%) of coal volumes from Indonesia are loaded on Panamax vessels, with 26% on Supramax/Handymax vessels, and simply 15% on Capesize tonnage. Commerce patterns for Indonesian coal exports noticed important shifts in recent times”, the shipbroker stated.
“China continues to be the highest importer of Indonesian seaborne coal exports, accounting for 36.9% of shipments In Jan-Dec 2022, shipments from Indonesia to China had been flat +0.0% at 143.5 mln tonnes, following an enormous +38.6% y-o-y soar in 2021. About 22.6% of exports, or 88.0 mln tonnes in 2022, had been shipped to India, representing a rise of +78.9% y-o-y from 49.2 mln tonnes in 2021, however nonetheless beneath the 91.5 mln tonnes shipped to India in 2019. Shipments to Japan have additionally rebounded, rising by +19.2% yo-y to 25.5 mln tonnes, with Japan accounting for 7% of Indonesian exports. The Philippines imported 23.9 mln tonnes of coal, up +27.2% y-o-y, with the Philippines accounting for six%. Exports to South Korea elevated as nicely by +27.8% y-o-y to 23.9 mln t. Malaysia obtained 19.5 mln tonnes, a rise of +8.5% y-o-y. Final however not least, exports to Taiwan elevated +16.3% y-o-y to fifteen.3 mln t”, Banchero Costa concluded.
Nikos Roussanoglou, Hellenic Transport Information Worldwide
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