Ireland - Lignite - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLignite Price in Ireland - 2023
Contents:
- Lignite Price in Ireland (CIF) - 2023
- Lignite Price in Ireland (FOB) - 2022
- Lignite Imports in Ireland
- Lignite Exports in Ireland
Lignite Price in Ireland (CIF) - 2023
In July 2023, the average lignite import price amounted to $272 per ton, shrinking by -2.5% against the previous month. Over the period under review, the import price, however, posted a modest increase. The growth pace was the most rapid in May 2023 when the average import price increased by 450% month-to-month. As a result, import price reached the peak level of $1,956 per ton. From June 2023 to July 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was the UK ($306 per ton), while the price for the United States ($259 per ton) was amongst the lowest.
From August 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the UK (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Lignite Price in Ireland (FOB) - 2022
In 2022, the average lignite export price amounted to $195 per ton, reducing by -26.7% against the previous year. Overall, the export price showed a pronounced curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 51% against the previous year. As a result, the export price reached the peak level of $304 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2014 to 2022, the rate of growth in terms of prices for the UK amounted to -2.5% per year.
Lignite Imports in Ireland
After three years of growth, purchases abroad of lignites decreased by -49.5% to 15K tons in 2022. In general, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 93% against the previous year. As a result, imports attained the peak of 29K tons, and then contracted remarkably in the following year.
In value terms, lignite imports shrank notably to $3.6M in 2022. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 99% against the previous year. As a result, imports attained the peak of $5.2M, and then contracted dramatically in the following year.
| Import of Lignite in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.5 | 1.4 | 2.1 | 2.1 | 61.3% |
| Germany | 1.3 | 1.2 | 3.0 | 1.3 | 0.0% |
| China | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 1.8 | 2.6 | 5.2 | 3.6 | 26.0% |
Top Suppliers of Lignite to Ireland in 2022:
- United Kingdom (7.6K tons)
- Germany (6.5K tons)
- China (0.3K tons)
Lignite Exports in Ireland
Lignite exports from Ireland shrank to 434 tons in 2022, declining by -11.4% against 2021 figures. Overall, exports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by 85% against the previous year. As a result, the exports attained the peak of 490 tons, and then dropped in the following year.
In value terms, lignite exports fell rapidly to $85K in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 151%. As a result, the exports attained the peak of $131K, and then dropped rapidly in the following year.
| Export of Lignite in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 48.9 | 52.0 | 131 | 83.9 | 19.7% |
| Others | N/A | N/A | N/A | 0.9 | 0% |
| Total | 48.9 | 52.0 | 131 | 84.8 | 20.1% |
Top Export Markets for Lignite from Ireland in 2022:
- United Kingdom (431.4 tons)
This report provides an in-depth analysis of the lignite market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the lignite market in Ireland.
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This report provides an in-depth analysis of the lignite market in Ireland.
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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.
