Spain - Lignite - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLignite Price in Spain - 2023
Contents:
- Lignite Price in Spain (CIF) - 2023
- Lignite Price in Spain (FOB) - 2022
- Lignite Imports in Spain
- Lignite Exports in Spain
Lignite Price in Spain (CIF) - 2023
In August 2023, the average lignite import price amounted to $601 per ton, picking up by 20% against the previous month. Overall, the import price, however, continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in January 2023 an increase of 218% against the previous month. The import price peaked at $3,066 per ton in May 2023; however, from June 2023 to August 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($661 per ton), while the price for China totaled $469 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (-3.2%), while the prices for the other major suppliers experienced a decline.
Lignite Price in Spain (FOB) - 2022
In 2022, the average lignite export price amounted to $6,724 per ton, falling by -36.2% against the previous year. In general, the export price, however, continues to indicate notable growth. The pace of growth appeared the most rapid in 2018 an increase of 175%. Over the period under review, the average export prices hit record highs at $10,540 per ton in 2021, and then contracted notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($8,843 per ton), while the average price for exports to Lebanon stood at $1,921 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.7%).
Lignite Imports in Spain
In 2022, overseas purchases of lignites increased by 26% to 2K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, lignite imports skyrocketed to $2.7M in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 57% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Lignite in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,141 | 1,918 | 1,752 | 2,504 | 30.0% |
| China | 65.3 | 82.2 | 18.5 | 71.5 | 3.1% |
| Canada | 67.5 | N/A | 26.7 | 44.2 | -13.2% |
| Iran | N/A | 17.7 | 17.7 | 13.6 | -12.3% |
| Others | 15.8 | 9.0 | 8.0 | 51.3 | 48.1% |
| Total | 1,289 | 2,027 | 1,823 | 2,685 | 27.7% |
Top Suppliers of Lignite to Spain in 2022:
- United States (1752.2 tons)
- Canada (90.7 tons)
- China (59.0 tons)
- Iran (43.3 tons)
Lignite Exports in Spain
In 2022, after two years of decline, there was significant growth in overseas shipments of lignites, when their volume increased by 134% to 6.5 tons. Over the period under review, exports, however, showed a dramatic setback.
In value terms, lignite exports surged to $44K in 2022. Overall, exports, however, showed a significant decline.
| Export of Lignite in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | N/A | N/A | 27.9 | 40.1 | 43.7% |
| Lebanon | N/A | N/A | N/A | 3.8 | 0% |
| Germany | 406 | 371 | N/A | N/A | -8.6% |
| United States | N/A | 89.9 | N/A | N/A | 0% |
| Portugal | 28.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 1.6 | N/A | 0% |
| Total | 434 | 461 | 29.5 | 44.0 | -53.4% |
Top Export Markets for Lignite from Spain in 2022:
- Yemen (4.5 tons)
- Lebanon (2.0 tons)
This report provides an in-depth analysis of the lignite market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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 Spain.
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This report provides an in-depth analysis of the lignite market in Spain.
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This report provides an in-depth analysis of the global lignite market.
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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.
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In 2020, the decline in the global coal market gathered momentum, against the Covid-19 pandemic. The low cost of natural gas, combined with the development of alternative energy sources and stricter environmental regulations, are pushing the coal energy sector into stagnation. In the medium term, only the metallurgical industry is set to see a stable demand for coal.
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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.
