Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Latvia - 2023
Contents:
- Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Latvia (CIF) - 2022
- Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Latvia (FOB) - 2022
- Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Latvia
- Exports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Latvia
Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Latvia (CIF) - 2022
In 2022, the average import price for briquettes, ovoids and similar solid fuels; manufactured from coals amounted to $228 per ton, surging by 15% against the previous year. Overall, the import price, however, saw a sharp shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 63% against the previous year. Over the period under review, average import prices attained the peak figure at $2,223 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($618 per ton), while the price for Estonia ($168 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-2.2%), while the prices for the other major suppliers experienced a decline.
Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Latvia (FOB) - 2022
In 2022, the average export price for briquettes, ovoids and similar solid fuels; manufactured from coals amounted to $341 per ton, with a decrease of -6.9% against the previous year. In general, the export price, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 67%. The export price peaked at $366 per ton in 2021, and then contracted in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($394 per ton), while the average price for exports to Germany ($243 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+52.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Latvia
Imports of briquettes, ovoids and similar solid fuels; manufactured from coals into Latvia fell slightly to 714 tons in 2022, therefore, remained relatively stable against the previous year. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 704% against the previous year. As a result, imports attained the peak of 720 tons, leveling off in the following year.
In value terms, imports of briquettes, ovoids and similar solid fuels; manufactured from coals rose rapidly to $163K in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 511%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
Import of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 16.6 | 16.2 | 73.5 | 115 | 90.6% |
Estonia | 0.9 | 0.5 | 34.2 | 40.5 | 255.7% |
Poland | 8.4 | 4.5 | 13.2 | 0.3 | -67.1% |
Others | N/A | 2.2 | 22.4 | 7.2 | 80.9% |
Total | 25.9 | 23.4 | 143 | 163 | 84.6% |
Top Suppliers of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal to Latvia in 2022:
- Lithuania (468.0 tons)
- Estonia (240.5 tons)
- Poland (0.5 tons)
Exports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Latvia
Exports of briquettes, ovoids and similar solid fuels; manufactured from coals from Latvia fell rapidly to 385 tons in 2022, declining by -82.4% on 2021. Over the period under review, exports continue to indicate a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 1,137%. As a result, the exports attained the peak of 2.2K tons, and then fell remarkably in the following year.
In value terms, exports of briquettes, ovoids and similar solid fuels; manufactured from coals fell significantly to $131K in 2022. In general, exports, however, posted a notable expansion. The growth pace was the most rapid in 2021 with an increase of 1,685% against the previous year. As a result, the exports attained the peak of $801K, and then contracted significantly in the following year.
Export of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | N/A | N/A | 46.2 | 66.4 | 43.7% |
United Kingdom | 13.0 | N/A | N/A | 34.1 | 37.9% |
Estonia | 86.4 | 12.1 | 269 | 12.5 | -47.5% |
Germany | 2.9 | 15.7 | 183 | 11.8 | 59.6% |
Norway | N/A | N/A | N/A | 6.3 | 0% |
Lithuania | 15.1 | 16.9 | 175 | N/A | 240.4% |
Italy | N/A | N/A | 124 | N/A | 0% |
Others | 5.9 | 0.2 | 5.0 | N/A | -7.9% |
Total | 123 | 44.9 | 801 | 131 | 2.1% |
Top Export Markets for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal from Latvia in 2022:
- France (168.5 tons)
- United Kingdom (96.0 tons)
- Germany (48.4 tons)
- Estonia (46.8 tons)
- Norway (25.0 tons)
This report provides an in-depth analysis of the market for coal other than lignite in Latvia.
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This report provides an in-depth analysis of the market for coal other than lignite in Latvia.
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This report provides an in-depth analysis of the global market for coal other than lignite.
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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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