Price for Lignite; Agglomerated, Excluding Jet in Denmark - 2023
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in Denmark (FOB) - 2022
- Exports of Lignite; Agglomerated, Excluding Jet in Denmark
Price for Lignite; Agglomerated, Excluding Jet in Denmark (FOB) - 2022
In 2022, the average lignite; agglomerated, excluding jet export price amounted to $7,837 per ton, picking up by 398% against the previous year. In general, the export price saw a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +44.3% per year.
Exports of Lignite; Agglomerated, Excluding Jet in Denmark
In 2022, the amount of lignite; agglomerated, excluding jets exported from Denmark soared to 754 kg, with an increase of 57% on the previous year. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 4,273%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, lignite; agglomerated, excluding jet exports skyrocketed to $5.9K in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,030%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Lignite; Agglomerated, Excluding Jet in Denmark (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 241 | N/A | 505 | 5,773 | 188.3% |
| Netherlands | 126 | N/A | 67.0 | 57.0 | -23.2% |
| Germany | N/A | N/A | 185 | N/A | 0% |
| Others | N/A | 67.0 | N/A | 79.0 | 8.6% |
| Total | 367 | 67.0 | 757 | 5,909 | 152.5% |
Top Export Markets for Lignite; Agglomerated, Excluding Jet from Denmark in 2022:
- Thailand (733.0 kg)
- Netherlands (11.0 kg)
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This report provides an in-depth analysis of the lignite market in Denmark.
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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.
