Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the UK - 2023
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the UK (CIF) - 2022
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the UK (FOB) - 2022
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the UK
- Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the UK
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the UK (CIF) - 2022
The average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets stood at $640 per ton in 2022, which is down by -38.9% against the previous year. Over the period under review, the import price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 113%. Over the period under review, average import prices reached the maximum at $1,047 per ton in 2021, and then shrank remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,140 per ton), while the price for Belgium ($151 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.3%).
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the UK (FOB) - 2022
The average export price for lignite; whether or not pulverised, but not agglomerated, excluding jets stood at $345 per ton in 2022, surging by 34% against the previous year. In general, the export price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 46%. The export price peaked at $1,066 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($357 per ton), while the average price for exports to Belgium stood at $339 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+27,268.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the UK
In 2022, supplies from abroad of lignite; whether or not pulverised, but not agglomerated, excluding jets was finally on the rise to reach 800 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a perceptible decrease.
In value terms, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets soared to $512K in 2022. In general, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 263 | 190 | 192 | 408 | 15.8% |
| Germany | 20.2 | N/A | N/A | 68.4 | 50.2% |
| Belgium | N/A | N/A | N/A | 3.8 | 0% |
| China | 64.1 | 15.9 | N/A | N/A | -75.2% |
| Turkey | 85.5 | N/A | N/A | N/A | 0% |
| Others | 0.7 | N/A | N/A | 31.8 | 256.8% |
| Total | 434 | 206 | 192 | 512 | 5.7% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to the UK in 2022:
- Germany (409.3 tons)
- United States (357.8 tons)
- Belgium (25.1 tons)
Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the UK
After two years of decline, shipments abroad of lignite; whether or not pulverised, but not agglomerated, excluding jets increased by 46% to 661 tons in 2022. Overall, exports, however, continue to indicate a drastic downturn.
In value terms, exports of lignite; whether or not pulverised, but not agglomerated, excluding jets surged to $228K in 2022. Over the period under review, exports, however, showed a noticeable setback.
| Export of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 174 | 88.4 | 115 | 134 | -8.3% |
| Belgium | N/A | N/A | N/A | 42.0 | 0% |
| Others | 86.8 | 122 | 1.9 | 51.8 | -15.8% |
| Total | 261 | 211 | 117 | 228 | -4.4% |
Top Export Markets for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet from the UK in 2022:
- Ireland (376.1 tons)
- Belgium (123.7 tons)
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Lignite, also known as brown coal, is a low-grade coal that is predominantly used as a source of energy. With its high moisture content and low energy density, lignite is primarily utilized in power generation and industrial processes. In recent years, the global demand for lignite has been on the rise due to its cost-effectiveness and widespread availability. As a result, several countries have emerged as key import markets for lignite. China holds the top spot as the world's largest importer of lignite, followed by Serbia, Slovenia, Uzbekistan, and Slovakia. These countries heavily rely on lignite for various purposes such as power generation and industrial processes. The growing demand for lignite in these markets reinforces its position as an important source of energy and strengthens their energy security.
