COAL: German, French Australian Coal Imports on Track to Drop in 4Q
Dec-12 13:36
Australian coal exports to Germany and France are on track to drop on the quarter towards the end of the 4Q24, with US exports to Germany following a similar trend, while US coal exports to France are expected to increase sharply, latest data Marcura show.
- Germany is set to import 127,000t of Australian coal in 4Q24, down from 164,390t in 3Q and lower than 181,475t in 2Q. The country imported around 197,000t over Jan-March 2024.
- US coal exports to Germany are also down on the quarter at 391,570t compared to 491,000t in 3Q and much lower than 640,000t imported in 2Q.
- In contrast, France is set to import 399,100t of Australian coal – dropping sharply from 512,690t in the 3Q and lower than 480,560t over April-June.
- However, US coal to France exports are at around 265,510t in 4Q, up from 116,000t in the 3Q but lower than the 370,000t imported in the quarter previously.
- On the year, Germany imported 669,865t of Australian coal up from just 83,000t brought in last year.
- However, US coal imports have fallen to around 1.98 mn/t from 2.88 mn/t in 2023.
- But French Australian imports are currently at 1.55 mn/t so far in 2024 compared to 244,000t in the previous year.
- While, US coal exports to France are at around 1.299 mn/t from 1.617 mn/t in 2023.
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