Average price of US coal exports during Q1 was US$184.49/short ton, while average price of US coal imports was US$86.50/short ton; Q1 coal production rose 1.7% from Q4, exports decreased 7.2%: EIA

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WASHINGTON , July 11, 2022 (press release) –

The Quarterly Coal Report (QCR) provides detailed quarterly data on U.S. coal production, exports, imports, receipts, prices, consumption, quality, stocks, and refined coal. The report also provides data on U.S. coke production, consumption, stocks, imports, and exports. All data for 2020 and previous years are final. All data for 2021 and 2022 are preliminary.

Highlights for the first quarter of 2022

  • U.S. coal production during the first quarter of 2022 totaled 149 million short tons (MMst), which was 1.7% higher than the previous quarter and 6.3% higher than the first quarter of 2021. Production in the Western region, which represented about 57.1% of total U.S. coal production in the first quarter of 2022, totaled about 85 MMst (14.6% higher than the first quarter of 2021).
  • U.S. coal exports for the first quarter of 2022 (20.2 MMst) decreased 7.2% from the fourth quarter of 2021. The average price of U.S. coal exports during the first quarter of 2022 was $184.49 per short ton.
  • The United States continued to import coal primarily from Colombia (67.7%), Canada (25.2%), and Indonesia (4.7%). No imports from Australia were recorded for the first quarter of 2022. U.S. coal imports in the first quarter of 2022 totaled 1.3 MMst. The average price of U.S. coal imports during the first quarter of 2022 was $86.50 per short ton.
  • Steam coal exports totaled 9.7 MMst (3.7% lower than the fourth quarter of 2021). Metallurgical coal exports totaled 10.5 MMst (10.4% lower than the fourth quarter of 2021).
  • U.S. coal consumption totaled 133.7 MMst in the first quarter of 2022, which was 17.2% higher than the 114.1 MMst reported in the fourth quarter of 2021 and 3.9% lower than the 139.2 MMst reported in the first quarter of 2021. The electric power sector accounted for about 91.7% of total U.S. coal consumption in the first quarter of 2022.
  • In the first quarter of 2022, coal stocks dropped to 116.8 MMst from 124.4 MMst at the end of the fourth quarter of 2021 (a 6.1% decrease). Stocks in the electric power sector decreased to 86.2 MMst from 94.7 MMst at the end of the fourth quarter of 2021.

Industry Intelligence Editor's Note: This press release omits select charts and/or marketing language for editorial clarity. Click here to view the full report.

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