Market for Coal Other Than Lingite in Chile
Market Overview
In 
, the Chilean coal other than lingite market increased by % to $, rising for the second consecutive year after two years of decline. Overall, consumption posted a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
In value terms, coal other than lingite production expanded notably to $ in estimated in export price. In general, production showed a abrupt setback. The growth pace was the most rapid in 2019 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to , production failed to regain momentum.
, the Chilean coal other than lingite market increased by % to $, rising for the second consecutive year after two years of decline. Overall, consumption posted a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.In value terms, coal other than lingite production expanded notably to $
in estimated in export price. In general, production showed a abrupt setback. The growth pace was the most rapid in 2019 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to , production failed to regain momentum.Consumption
In , consumption of coal other than lingite increased by % to tons, rising for the second consecutive year after two years of decline. Overall, consumption posted a buoyant increase. As a result, consumption reached the peak volume and is likely to continue growth in the immediate term.
The size of the coal other than lingite market in Chile surged to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
, consumption of coal other than lingite increased by % to tons, rising for the second consecutive year after two years of decline. Overall, consumption posted a buoyant increase. As a result, consumption reached the peak volume and is likely to continue growth in the immediate term.The size of the coal other than lingite market in Chile surged to $
in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.Market Forecast
The coal other than lingite market is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Coal other than lingite market in Chile consists almost entirely of imported products.
Trade Balance
Chile remains a net importer of coal other than lingite; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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