Price for Lignite; Agglomerated, Excluding Jet in Singapore - 2022
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in Singapore (CIF) - 2022
- Imports of Lignite; Agglomerated, Excluding Jet in Singapore
Price for Lignite; Agglomerated, Excluding Jet in Singapore (CIF) - 2022
The average lignite; agglomerated, excluding jet import price stood at $1,140 per ton in 2022, increasing by 39% against the previous year. Over the period under review, the import price, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 42%. As a result, import price reached the peak level of $2,363 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,140 per ton), while the price for Malaysia amounted to $1,135 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-4.1%).
Imports of Lignite; Agglomerated, Excluding Jet in Singapore
In 2022, approx. 29 tons of lignite; agglomerated, excluding jets were imported into Singapore; increasing by 15% compared with the previous year. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 156% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, lignite; agglomerated, excluding jet imports surged to $33K in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 145%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
Import of Lignite; Agglomerated, Excluding Jet in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | N/A | N/A | N/A | 32.5 | 0% |
India | 13.6 | 8.3 | 20.6 | N/A | 23.1% |
Others | 0.2 | 0.1 | N/A | 0.3 | 14.5% |
Total | 13.7 | 8.4 | 20.6 | 32.8 | 33.8% |
Top Suppliers of Lignite; Agglomerated, Excluding Jet to Singapore in 2022:
- Malaysia (28.6 tons)
This report provides an in-depth analysis of the lignite market in Singapore.
This report provides an in-depth analysis of the coal market in Singapore.
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 Singapore.
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.