Price for Lignite; Agglomerated, Excluding Jet in China - 2023
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in China (FOB) - 2022
- Exports of Lignite; Agglomerated, Excluding Jet in China
Price for Lignite; Agglomerated, Excluding Jet in China (FOB) - 2022
The average lignite; agglomerated, excluding jet export price stood at $758 per ton in 2022, growing by 8.6% against the previous year. In general, the export price enjoyed a mild increase. The most prominent rate of growth was recorded in 2014 an increase of 46%. The export price peaked at $1,743 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($2,994 per ton), while the average price for exports to Djibouti ($204 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Lignite; Agglomerated, Excluding Jet in China
In 2022, exports of lignite; agglomerated, excluding jets from China contracted to 53 tons, which is down by -11.3% compared with the year before. In general, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when exports increased by 29% against the previous year.
In value terms, lignite; agglomerated, excluding jet exports declined to $40K in 2022. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 8.1% against the previous year.
| Export of Lignite; Agglomerated, Excluding Jet in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 13.6 | 0% |
| Kazakhstan | N/A | N/A | N/A | 10.2 | 0% |
| Sudan | N/A | N/A | N/A | 9.1 | 0% |
| Libya | N/A | N/A | N/A | 2.6 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 1.3 | 0% |
| India | N/A | N/A | N/A | 1.0 | 0% |
| Djibouti | N/A | N/A | N/A | 0.6 | 0% |
| Niger | 15.9 | N/A | N/A | N/A | 0% |
| Peru | 21.6 | N/A | 41.9 | N/A | 39.3% |
| Indonesia | 27.7 | 0.3 | N/A | N/A | -98.9% |
| Myanmar | N/A | 38.4 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 1.9 | 0% |
| Total | 65.2 | 38.7 | 41.9 | 40.3 | -14.8% |
Top Export Markets for Lignite; Agglomerated, Excluding Jet from China in 2022:
- South Korea (22.2 tons)
- Libya (10.7 tons)
- Kazakhstan (5.7 tons)
- Sudan (3.1 tons)
- United Arab Emirates (2.7 tons)
- Djibouti (2.7 tons)
- India (2.1 tons)
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This report provides an in-depth analysis of the lignite market in China.
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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.
