Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Norway - 2022
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Norway (FOB) - 2022
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Norway (CIF) - 2022
- Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Norway
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Norway
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Norway (FOB) - 2022
In 2022, the average export price for lignite; whether or not pulverised, but not agglomerated, excluding jets amounted to $968 per ton, jumping by 39% against the previous year. In general, the export price, however, showed a deep slump. The growth pace was the most rapid in 2021 when the average export price increased by 39%. Over the period under review, the average export prices attained the maximum at $2,469 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Denmark.
From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to -6.7% per year.
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Norway (CIF) - 2022
The average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets stood at $476 per ton in 2022, dropping by -21.8% against the previous year. Overall, the import price faced a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 41% against the previous year. Over the period under review, average import prices attained the maximum at $3,198 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,230 per ton), while the price for Canada ($60 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Norway
For the third consecutive year, Norway recorded decline in overseas shipments of lignite; whether or not pulverised, but not agglomerated, excluding jets, which decreased by -16.3% to 16 tons in 2022. In general, exports saw a deep setback. The smallest decline of -14% was in 2021.
In value terms, exports of lignite; whether or not pulverised, but not agglomerated, excluding jets surged to $16K in 2022. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 20%.
| Export of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 24.9 | 6.9 | 13.5 | 15.7 | -14.3% |
| Indonesia | N/A | 4.4 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 24.9 | 11.3 | 13.5 | 15.7 | -14.3% |
Top Export Markets for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet from Norway in 2022:
- Denmark (16.2 tons)
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Norway
In 2022, after two years of decline, there was significant growth in overseas purchases of lignite; whether or not pulverised, but not agglomerated, excluding jets, when their volume increased by 109% to 11 tons. Over the period under review, imports, however, showed a significant curtailment.
In value terms, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets skyrocketed to $5.2K in 2022. Overall, imports, however, showed a sharp contraction.
| Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 61.6 | 6.4 | 3.0 | 4.5 | -58.2% |
| Germany | 6.2 | 0.7 | 0.2 | 0.4 | -59.9% |
| Canada | N/A | N/A | N/A | 0.1 | 0% |
| Sweden | 1.2 | 0.1 | N/A | N/A | -91.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 69.0 | 7.1 | 3.2 | 5.2 | -57.8% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to Norway in 2022:
- United States (7.9 tons)
- Canada (2.4 tons)
- Sweden (0.4 tons)
- Germany (0.1 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.
