Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Switzerland - 2024
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Switzerland (CIF) - 2024
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Switzerland
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Switzerland (CIF) - 2024
In September 2023, the average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets amounted to $137 per ton, picking up by 1.9% against the previous month. In general, the import price, however, saw a abrupt downturn. The pace of growth was the most pronounced in April 2023 when the average import price increased by 3.8% against the previous month. The import price peaked at $228 per ton in January 2023; however, from February 2023 to September 2023, 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 Germany.
From January 2023 to September 2023, the rate of growth in terms of prices for Germany amounted to -6.2% per month.
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Switzerland
In 2022, approx. 208K tons of lignite; whether or not pulverised, but not agglomerated, excluding jets were imported into Switzerland; jumping by 100% compared with the previous year's figure. Over the period under review, imports saw significant growth. 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 surged to $27M in 2022. In general, imports recorded a significant expansion. 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 Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.6 | 7.1 | 13.1 | 27.2 | 53.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.6 | 7.1 | 13.1 | 27.2 | 53.0% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to Switzerland in 2022:
- Germany (208.1K tons)
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This report provides an in-depth analysis of the lignite market in Switzerland.
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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.
