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Lignite Market

Lignite market: discover recently published statistics empowered by an Ai-driven market intelligence tool. Datasets cover companies, market size, exports, production, imports, consumption, trade, and market prices. There is a breakdown by region, including China, Africa, EU, the U.K., Russia, the Middle East, Latin America, and the U.S. Market trends and outlook to 2030 are also provided in the reports.

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Lignite - World's Largest Markets

Rating	Country
1	Spain
2	China
3	United Kingdom
4	Saudi Arabia
5	Egypt

In value terms, the largest lignite markets worldwide were Spain, China and the UK, with a combined 24% share of the global market.

Spain recorded the highest growth rate of market size, among the main consuming countries over the period under review, while lignite market for the other global leaders experienced more modest paces of growth.

Lignite Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Indonesia	39	33	29	-13.8%
Russia	52	53	35	-18.0%
Philippines	62	49	42	-17.7%
Average	43	37	34	-12.1%

Average prices varied somewhat amongst the major exporting countries. In 2020, the country with the highest price was the Philippines ($42 per ton), while Indonesia ($29 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
China	39	43	39	0.0%
Uzbekistan	33	33	36	4.4%
Average	42	45	41	-1.4%

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was China ($39 per ton), while Uzbekistan stood at $36 per ton.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Uzbekistan.

Lignite - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	3.4	4.4	3.9	7.0%
Uzbekistan	0.02	0.02	0.08	81.1%

In value terms, China ($3.9B) constitutes the largest market for imported lignites worldwide, comprising 91% of global imports. The second position in the ranking was occupied by Uzbekistan ($77M), with a 1.8% share of global imports.

From 2018 to 2020, the average annual growth rate of value in China amounted to +7.0%.

Lignite - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Indonesia	3.3	2.8	1.9	-24.0%
Russia	0.6	0.2	0.5	-9.8%
Philippines	0.3	0.5	0.3	11.3%

In value terms, Indonesia ($1.9B) remains the largest lignite supplier worldwide, comprising 64% of global exports. The second position in the ranking was occupied by Russia ($459M), with a 15% share of global exports.

In Indonesia, lignite exports contracted by an average annual rate of -24.0% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (-9.8% per year) and the Philippines (+11.3% per year).

Lignite - Market Forecast

Driven by increasing demand for lignite worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.