Price for Lignite; Agglomerated, Excluding Jet in India - 2023
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in India (FOB) - 2023
- Exports of Lignite; Agglomerated, Excluding Jet in India
Price for Lignite; Agglomerated, Excluding Jet in India (FOB) - 2023
The average lignite; agglomerated, excluding jet export price stood at $1,116 per ton in June 2023, leveling off at the previous month. In general, the export price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 221% against the previous month. Over the period under review, the average export prices reached the maximum at $1,497 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In June 2023, the country with the highest price was Egypt ($1,205 per ton), while the average price for exports to Saudi Arabia stood at $1,095 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Lignite; Agglomerated, Excluding Jet in India
In 2022, shipments abroad of lignite; agglomerated, excluding jets decreased by -42.6% to 902 tons, falling for the second consecutive year after two years of growth. In general, exports faced a dramatic slump. The pace of growth appeared the most rapid in 2020 when exports increased by 22% against the previous year. As a result, the exports reached the peak of 2.9K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, lignite; agglomerated, excluding jet exports reduced sharply to $1.4M in 2022. Overall, exports faced a sharp slump. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. As a result, the exports attained the peak of $4.2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Lignite; Agglomerated, Excluding Jet in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 2,103 | 3,545 | 914 | 465 | -39.5% |
Oman | N/A | N/A | 43.6 | 295 | 576.6% |
Indonesia | 31.4 | 133 | 82.2 | 204 | 86.6% |
Egypt | N/A | N/A | N/A | 89.8 | 0% |
Colombia | N/A | N/A | N/A | 86.9 | 0% |
United Arab Emirates | N/A | N/A | 179 | 75.0 | -58.1% |
Singapore | N/A | N/A | 1,125 | 64.6 | -94.3% |
Kuwait | 96.6 | N/A | N/A | 63.3 | -13.1% |
Russia | 614 | 125 | N/A | N/A | -79.6% |
Malaysia | 267 | 170 | 125 | N/A | -31.6% |
Ukraine | 97.8 | 79.2 | 54.6 | N/A | -25.3% |
Others | 536 | 132 | 140 | 61.8 | -51.3% |
Total | 3,746 | 4,185 | 2,664 | 1,406 | -27.9% |
Top Export Markets for Lignite; Agglomerated, Excluding Jet from India in 2022:
- Saudi Arabia (306.5 tons)
- Oman (162.6 tons)
- Indonesia (98.0 tons)
- Egypt (74.4 tons)
- Colombia (72.0 tons)
- United Arab Emirates (61.7 tons)
- Kuwait (50.8 tons)
- Singapore (30.2 tons)
This report provides an in-depth analysis of the lignite market in India.
This report provides an in-depth analysis of the coal market in India.
This report provides an in-depth analysis of the global lignite market.
This report provides an in-depth analysis of the global coal market.
This report provides an in-depth analysis of the lignite market in India.
This report provides an in-depth analysis of the global lignite market.
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.
The global coal trade amounted to X million USD in 2015, fluctuating mildly over the period under review, with a consistent downward trend in the last four years. A slight drop in 2009 was followed by brief recovery over the next two years, until
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.