Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Oman - 2022
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Oman (CIF) - 2022
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Oman
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Oman (CIF) - 2022
In 2022, the average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets amounted to $326 per ton, dropping by -9.8% against the previous year. In general, the import price recorded a abrupt contraction. The growth pace was the most rapid in 2015 an increase of 76%. The import price peaked at $1,057 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 India amounted to +29.9% per year.
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Oman
In 2022, the amount of lignite; whether or not pulverised, but not agglomerated, excluding jets imported into Oman surged to 33 tons, growing by 220% on 2021. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 221%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets surged to $11K in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.7 | 2.1 | 3.5 | 10.8 | 23.7% |
| Others | 0.3 | 0.1 | 0.2 | N/A | -18.4% |
| Total | 6.0 | 2.2 | 3.7 | 10.8 | 21.6% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to Oman in 2022:
- United States (33.1 tons)
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This report provides an in-depth analysis of the lignite market in Oman.
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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 Oman.
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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.
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In 2020, the decline in the global coal market gathered momentum, against the Covid-19 pandemic. The low cost of natural gas, combined with the development of alternative energy sources and stricter environmental regulations, are pushing the coal energy sector into stagnation. In the medium term, only the metallurgical industry is set to see a stable demand for coal.
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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.
