Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Ireland - 2023
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Ireland (CIF) - 2022
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Ireland
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Ireland (CIF) - 2022
The average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets stood at $220 per ton in 2022, increasing by 29% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Bosnia and Herzegovina ($293 per ton) and the United States ($282 per ton), while the price for Germany ($202 per ton) and the UK ($217 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Ireland
In 2022, the amount of lignite; whether or not pulverised, but not agglomerated, excluding jets imported into Ireland declined rapidly to 3.1K tons, with a decrease of -64.5% compared with the previous year. In general, imports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 76% against the previous year. As a result, imports reached the peak of 8.9K tons, and then reduced rapidly in the following year.
In value terms, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets reduced notably to $690K in 2022. Over the period under review, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 87%. As a result, imports attained the peak of $1.5M, and then fell markedly in the following year.
| Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,285 | 758 | 1,363 | 416 | -31.3% |
| United Kingdom | 9.1 | N/A | 64.7 | 106 | 126.7% |
| China | 67.2 | 51.5 | 66.2 | 71.2 | 1.9% |
| United States | 5.7 | 0.4 | 9.4 | 59.3 | 118.3% |
| Bosnia and Herzegovina | N/A | N/A | N/A | 30.0 | 0% |
| Others | 0.1 | 0.1 | 8.8 | 7.9 | 329.1% |
| Total | 1,367 | 810 | 1,512 | 690 | -20.4% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to Ireland in 2022:
- Germany (2059.9 tons)
- United Kingdom (486.6 tons)
- China (259.0 tons)
- United States (210.1 tons)
- Bosnia and Herzegovina (102.4 tons)
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This report provides an in-depth analysis of the lignite market in Ireland.
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This report provides an in-depth analysis of the global lignite market.
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This report provides an in-depth analysis of the lignite market in Ireland.
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This report provides an in-depth analysis of the global lignite market.
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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.
