Price for Lignite; Agglomerated, Excluding Jet in Japan - 2023
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in Japan (CIF) - 2022
- Imports of Lignite; Agglomerated, Excluding Jet in Japan
Price for Lignite; Agglomerated, Excluding Jet in Japan (CIF) - 2022
The average lignite; agglomerated, excluding jet import price stood at $296 per ton in 2022, falling by -7.1% against the previous year. Overall, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 an increase of 8.9%. The import price peaked at $363 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -2.0% per year.
Imports of Lignite; Agglomerated, Excluding Jet in Japan
In 2022, after three years of growth, there was significant decline in purchases abroad of lignite; agglomerated, excluding jets, when their volume decreased by -36.1% to 1.4K tons. In general, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 65%. As a result, imports attained the peak of 2.2K tons, and then declined rapidly in the following year.
In value terms, lignite; agglomerated, excluding jet imports contracted rapidly to $425K in 2022. Over the period under review, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 80% against the previous year. As a result, imports attained the peak of $716K, and then shrank dramatically in the following year.
Import of Lignite; Agglomerated, Excluding Jet in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 317 | 395 | 716 | 425 | 10.3% |
Others | N/A | 2.5 | N/A | N/A | 0% |
Total | 317 | 398 | 716 | 425 | 10.3% |
Top Suppliers of Lignite; Agglomerated, Excluding Jet to Japan in 2022:
- China (1.4K tons)
This report provides an in-depth analysis of the lignite market in Japan.
This report provides an in-depth analysis of the coal market in Japan.
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 Japan.
This report provides an in-depth analysis of the global lignite market.
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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.