Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Colombia - 2022
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Colombia (CIF) - 2022
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Colombia (FOB) - 2022
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Colombia
- Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Colombia
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Colombia (CIF) - 2022
The average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets stood at $869 per ton in 2022, rising by 24% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for lignite; whether or not pulverised, but not agglomerated, excluding jets increased by +118.8% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 107% against the previous year. Over the period under review, average import prices attained the maximum at $908 per ton in 2015; however, from 2016 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 the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.6% per year.
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Colombia (FOB) - 2022
The average export price for lignite; whether or not pulverised, but not agglomerated, excluding jets stood at $370 per ton in 2022, increasing by 16% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 69%. The export price peaked at $970 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Ireland amounted to +69.6% per year.
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Colombia
In 2022, the amount of lignite; whether or not pulverised, but not agglomerated, excluding jets imported into Colombia skyrocketed to 362 tons, increasing by 128% against the previous year. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 303% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets surged to $315K in 2022. In general, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 244%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 65.5 | 4.5 | 41.8 | 315 | 68.8% |
| Barbados | 68.0 | 28.0 | 66.1 | N/A | -1.4% |
| United Arab Emirates | 6.2 | N/A | 3.5 | N/A | -24.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 140 | 32.4 | 111 | 315 | 31.0% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to Colombia in 2022:
- United States (362.0 tons)
Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Colombia
In 2022, after three years of growth, there was significant decline in shipments abroad of lignite; whether or not pulverised, but not agglomerated, excluding jets, when their volume decreased by -15.3% to 44 tons. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 79%.
In value terms, exports of lignite; whether or not pulverised, but not agglomerated, excluding jets shrank to $16K in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 3.9% against the previous year.
| Export of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 15.2 | 15.8 | 8.5 | 16.1 | 1.9% |
| Argentina | N/A | N/A | 2.5 | N/A | 0% |
| Belgium | N/A | N/A | 5.4 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.2 | 15.8 | 16.4 | 16.1 | 1.9% |
Top Export Markets for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet from Colombia in 2022:
- Brazil (43.6 tons)
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This report provides an in-depth analysis of the lignite market in Colombia.
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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.
