Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Belgium - 2023
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Belgium (CIF) - 2023
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Belgium (FOB) - 2022
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Belgium
- Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Belgium
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Belgium (CIF) - 2023
In July 2023, the average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets amounted to $244 per ton, declining by -18.3% against the previous month. In general, the import price, however, posted a strong increase. The pace of growth appeared the most rapid in January 2023 an increase of 207% month-to-month. Over the period under review, average import prices reached the peak figure at $687 per ton in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From October 2022 to July 2023, the rate of growth in terms of prices for Germany amounted to +14.9% per month.
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Belgium (FOB) - 2022
In 2022, the average export price for lignite; whether or not pulverised, but not agglomerated, excluding jets amounted to $146 per ton, reducing by -4% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices reached the peak figure at $155 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($178 per ton), while the average price for exports to the Netherlands amounted to $137 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Belgium
In 2022, approx. 150K tons of lignite; whether or not pulverised, but not agglomerated, excluding jets were imported into Belgium; with an increase of 3.4% compared with 2021 figures. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets rose notably to $12M in 2022. In general, imports, however, recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 20%.
| Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.6 | 9.3 | 11.1 | 12.1 | -6.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.6 | 9.3 | 11.2 | 12.1 | -6.1% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to Belgium in 2022:
- Germany (150.1K tons)
Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Belgium
In 2022, approx. 32K tons of lignite; whether or not pulverised, but not agglomerated, excluding jets were exported from Belgium; increasing by 78% against 2021. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.0% 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, exports of lignite; whether or not pulverised, but not agglomerated, excluding jets soared to $4.7M in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.5 | 1.7 | 1.4 | 3.4 | 31.4% |
| Luxembourg | 1.2 | 1.2 | 1.3 | 1.2 | 0.0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 2.7 | 2.9 | 2.7 | 4.7 | 20.3% |
Top Export Markets for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet from Belgium in 2022:
- Netherlands (24.7K tons)
- Luxembourg (7.0K 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.
