Which Country Imports the Most Lignite in the World?

In 2016, the global imports of lignite totaled X tonnes, jumping by X% against the previous year level. Overall, lignite imports continue to indicate a skyrocketing increase. The pace of growth appeared the most rapid in 2010, when import increased by X% year-to-year. Over the period under review, global lignite imports reached its maximum volume in 2016, and are likely to continue its growth in the near future.

In value terms, lignite imports amounted to $X in 2016. Overall, lignite imports continue to indicate a skyrocketing growth. Global lignite import peaked of $X in 2014; however, from 2015 to 2016, it failed to regain its strength.

Top Lignite Importing Countries in the World

X. China (X million USD)

X. South Korea (X million USD)

X. India (X million USD)

X. Belgium (X million USD)

X. Slovakia (X million USD)

X. Russia (X million USD)

X. Philippines (X million USD)

Lignite Imports By Country

China (X tonnes) prevails in lignite imports structure, finishing at X tonnes, which was approx. X% of total imports in 2016. The following importers - South Korea (X tonnes), and Russia (X tonnes) together made up X% of total imports. India, the Philippines, Slovakia, and Belgium countries held the negligible share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2016. At the same time, the Philippines (+X%), South Korea (+X%), India (+X%), Russia (+X%), and Belgium (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. By contrast, Slovakia (-X%) illustrated a downward trend over the same period. Russia (-X%), South Korea (-X%), and China (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported lignite worldwide, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with the share of X% of global imports. It was followed by India, with the share of X%.

From 2007 to 2016, the average annual rate of growth in terms of value of lignite imports in China expanded at +X%. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and India (+X% per year).

Lignite Import Prices By Country

The average lignite import price stood at $X per tonne in 2016, dropping by -X% against the previous year. In general, lignite import price continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2008, an increase of X% from the previous year level. Over the period under review, average lignite import price reached its maximum level of $X per tonne in 2011; however, from 2012 to 2016, it failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Belgium ($X per tonne), while Russia ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of lignite import prices was attained by Slovakia (+X% per year), while the other global leaders experienced mixed trends in the import price figures.

Do you want to know more about global lignite market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• lignite market share
• lignite prices
• lignite industry
• lignite sales
• lignite import
• lignite export
• lignite market forecast
• lignite price forecast
• key lignite producers

This article was written on the product's HS-code: X.

Source: IndexBox AI Platform