Price for Lignite; Agglomerated, Excluding Jet in the Czech Republic - 2023
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in the Czech Republic (CIF) - 2023
- Price for Lignite; Agglomerated, Excluding Jet in the Czech Republic (FOB) - 2023
- Imports of Lignite; Agglomerated, Excluding Jet in the Czech Republic
- Exports of Lignite; Agglomerated, Excluding Jet in the Czech Republic
Price for Lignite; Agglomerated, Excluding Jet in the Czech Republic (CIF) - 2023
In July 2023, the average lignite; agglomerated, excluding jet import price amounted to $297 per ton, rising by 4.6% against the previous month. Over the period under review, import price indicated a buoyant increase from July 2022 to July 2023: its price increased at an average monthly rate of +7.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, lignite; agglomerated, excluding jet import price increased by +32.3% against March 2023 indices. The growth pace was the most rapid in January 2023 when the average import price increased by 33% month-to-month. The import price peaked in July 2023.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($305 per ton), while the price for Poland amounted to $281 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+7.3%).
Price for Lignite; Agglomerated, Excluding Jet in the Czech Republic (FOB) - 2023
The average lignite; agglomerated, excluding jet export price stood at $306 per ton in July 2023, surging by 6.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +4.5%. The pace of growth appeared the most rapid in August 2022 an increase of 20% m-o-m. The export price peaked at $336 per ton in February 2023; however, from March 2023 to July 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In July 2023, the country with the highest price was Austria ($357 per ton), while the average price for exports to Slovakia totaled $278 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Lignite; Agglomerated, Excluding Jet in the Czech Republic
Lignite; agglomerated, excluding jet imports into the Czech Republic skyrocketed to 232K tons in 2022, picking up by 31% compared with the year before. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, lignite; agglomerated, excluding jet imports surged to $30M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lignite; Agglomerated, Excluding Jet in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 20.1 | 17.7 | 23.1 | 29.9 | 14.2% |
| Others | 0.1 | 0.3 | 0.1 | 0.4 | 58.7% |
| Total | 20.2 | 18.0 | 23.3 | 30.3 | 14.5% |
Top Suppliers of Lignite; Agglomerated, Excluding Jet to the Czech Republic in 2022:
- Germany (230.1K tons)
Exports of Lignite; Agglomerated, Excluding Jet in the Czech Republic
In 2022, shipments abroad of lignite; agglomerated, excluding jets increased by 66% to 22K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, lignite; agglomerated, excluding jet exports surged to $4.5M in 2022. Over the period under review, exports enjoyed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Lignite; Agglomerated, Excluding Jet in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 2.6 | 2.5 | 2.8 | 3.7 | 12.5% |
| Poland | N/A | N/A | N/A | 0.8 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.6 | 2.6 | 2.9 | 4.5 | 20.1% |
Top Export Markets for Lignite; Agglomerated, Excluding Jet from the Czech Republic in 2022:
- Slovakia (18.3K tons)
- Poland (3.2K tons)
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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.
