Price for Lignite; Agglomerated, Excluding Jet in Angola - 2022
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in Angola (CIF) - 2022
- Imports of Lignite; Agglomerated, Excluding Jet in Angola
Price for Lignite; Agglomerated, Excluding Jet in Angola (CIF) - 2022
In 2022, the average lignite; agglomerated, excluding jet import price amounted to $2,434 per ton, with a decrease of -2.7% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lignite; agglomerated, excluding jet import price increased by +2.5% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 42%. As a result, import price attained the peak level of $3,336 per ton. From 2019 to 2022, the average import prices remained at a 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 the United States amounted to +2.3% per year.
Imports of Lignite; Agglomerated, Excluding Jet in Angola
In 2022, overseas purchases of lignite; agglomerated, excluding jets were finally on the rise to reach 6.3 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt shrinkage.
In value terms, lignite; agglomerated, excluding jet imports reached $15K in 2022. In general, imports, however, saw a precipitous descent.
Import of Lignite; Agglomerated, Excluding Jet in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 33.9 | 14.4 | 14.7 | 15.3 | -23.3% |
Others | N/A | 1.6 | N/A | N/A | 0% |
Total | 33.9 | 16.0 | 14.7 | 15.3 | -23.3% |
Top Suppliers of Lignite; Agglomerated, Excluding Jet to Angola in 2022:
- United States (6.3 tons)
This report provides an in-depth analysis of the lignite market in Angola.
This report provides an in-depth analysis of the coal market in Angola.
This report provides an in-depth analysis of the global lignite market.
This report provides an in-depth analysis of the global coal market.
This report provides an in-depth analysis of the lignite market in Angola.
This report provides an in-depth analysis of the global lignite market.
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.
The global coal trade amounted to X million USD in 2015, fluctuating mildly over the period under review, with a consistent downward trend in the last four years. A slight drop in 2009 was followed by brief recovery over the next two years, until
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.