Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in China - 2023
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in China (CIF) - 2023
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in China (FOB) - 2022
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in China
- Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in China
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in China (CIF) - 2023
In September 2023, the average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets amounted to $56.8 per ton, waning by -2.6% against the previous month. In general, the import price recorded a abrupt shrinkage. The pace of growth was the most pronounced in May 2023 an increase of 0.4% against the previous month. Over the period under review, average import prices hit record highs at $91.5 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the Philippines ($73.0 per ton), while the price for Mongolia ($36.0 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Mongolia (+1.0%), while the prices for the other major suppliers experienced a decline.
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in China (FOB) - 2022
In 2022, the average export price for lignite; whether or not pulverised, but not agglomerated, excluding jets amounted to $105 per ton, standing approx. at the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for lignite; whether or not pulverised, but not agglomerated, excluding jets increased by +54.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 41%. As a result, the export price attained the peak level of $107 per ton, and then declined slightly in the following year.
As there is only one major export destination, the average price level is determined by prices for Myanmar.
From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +4.6% per year.
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in China
In 2022, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets into China skyrocketed to 156M tons, rising by 31% compared with the year before. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.1% 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 +57.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets soared to $12.3B in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 133%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in China (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 3.8 | 3.3 | 8.2 | 11.4 | 44.2% |
| Philippines | 0.5 | 0.3 | 0.6 | 0.5 | 0.0% |
| Russia | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.4 | 3.9 | 9.0 | 12.3 | 40.9% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to China in 2022:
- Indonesia (143.7M tons)
- Philippines (7.2M tons)
- Russia (4.9M tons)
Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in China
In 2022, after two years of decline, there was significant growth in overseas shipments of lignite; whether or not pulverised, but not agglomerated, excluding jets, when their volume increased by 14% to 5.3K tons. In general, exports, however, showed a sharp descent.
In value terms, exports of lignite; whether or not pulverised, but not agglomerated, excluding jets expanded notably to $554K in 2022. Overall, exports, however, continue to indicate a deep setback.
| Export of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 758 | 444 | 494 | 554 | -9.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 758 | 444 | 494 | 554 | -9.9% |
Top Export Markets for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet from China in 2022:
- Myanmar (5.3K tons)
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