Indonesia's Domestic Coal Sales Surge in 2022

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Erlina Fury Santika 07/09/2023 16:36 WIB

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Although it experienced two declines in a decade, coal sales were dominated by increases. 2022 was the biggest year.

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Domestic Coal Sales Volume (2012-2022)

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Indonesia's domestic coal sales have shown an upward trend over the past 10 years, with 2022 recording the highest sales volume.

According to the *Energy & Economic Statistics of Indonesia 2022*, published by the Ministry of Energy and Mineral Resources (ESDM), domestic coal sales have consistently exceeded 70 million tons per year. In 2018, sales even reached 115.08 million tons.

There were two periods of decline within the decade. In 2012, domestic shipments fell from 82.14 million tons to 72.07 million tons. Similarly, in 2019, sales dropped from 138.41 million tons to 131.88 million tons in 2020.

The most significant increase occurred between 2021 and 2022, jumping from 133.04 million tons to 215.81 million tons – the highest volume in the past decade.

(Read also: [This is the amount of coal used for industry over the last 4 years](https://databoks.katadata.co.id/datapublish/2023/08/09/ini-banyaknya-penggunaan-batu-bara-untuk-industri-selama-4-tahun-terakhir))

Coal Price Developments

According to World Bank data, the average price of Newcastle coal has strengthened since July 2023, reaching US$152.61 per ton in August 2023.

The average price in August 2023 increased by 8.52% month-on-month (mom), although it remains significantly lower than a year ago.

However, in its April 2023 *Commodity Markets Outlook* report, the World Bank projected a decline in coal prices through 2024.

The average price of Newcastle coal for 2023 is estimated at US$200 per ton, falling to US$155 per ton in the following year.

"Coal prices are projected to fall by 42% in 2023 and a further 23% in 2024. However, prices will still be well above the 2015-2019 average," stated the World Bank.

(Read also: [Coal Prices Start to Strengthen Again in Q3 2023](https://databoks.katadata.co.id/datapublish/2023/09/06/harga-batu-bara-mulai-menguat-lagi-pada-kuartal-iii-2023))

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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