Price for Lignite; Agglomerated, Excluding Jet in Norway - 2022
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in Norway (FOB) - 2022
- Price for Lignite; Agglomerated, Excluding Jet in Norway (CIF) - 2022
- Exports of Lignite; Agglomerated, Excluding Jet in Norway
- Imports of Lignite; Agglomerated, Excluding Jet in Norway
Price for Lignite; Agglomerated, Excluding Jet in Norway (FOB) - 2022
The average lignite; agglomerated, excluding jet export price stood at $3,208 per ton in 2022, declining by -1.8% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 3.5%. Over the period under review, the average export prices hit record highs at $3,266 per ton in 2021, and then declined modestly in the following year.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +0.4% per year.
Price for Lignite; Agglomerated, Excluding Jet in Norway (CIF) - 2022
The average lignite; agglomerated, excluding jet import price stood at $1,538 per ton in 2022, with an increase of 16% against the previous year. Overall, the import price, however, showed a abrupt downturn. Over the period under review, average import prices attained the maximum at $3,077 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lebanon ($3,604 per ton), while the price for the Netherlands ($619 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Lignite; Agglomerated, Excluding Jet in Norway
In 2022, overseas shipments of lignite; agglomerated, excluding jets were finally on the rise to reach 5 tons after two years of decline. Overall, exports, however, continue to indicate a noticeable reduction.
In value terms, lignite; agglomerated, excluding jet exports totaled $16K in 2022. Over the period under review, exports, however, continue to indicate a mild decrease.
| Export of Lignite; Agglomerated, Excluding Jet in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 16.8 | 16.4 | 16.0 | 16.2 | -1.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.8 | 16.4 | 16.0 | 16.2 | -1.2% |
Top Export Markets for Lignite; Agglomerated, Excluding Jet from Norway in 2022:
- Netherlands (5.0 tons)
Imports of Lignite; Agglomerated, Excluding Jet in Norway
In 2022, approx. 3.1 tons of lignite; agglomerated, excluding jets were imported into Norway; increasing by 152% on 2021 figures. Over the period under review, imports, however, faced a abrupt descent.
In value terms, lignite; agglomerated, excluding jet imports surged to $4.8K in 2022. In general, imports, however, recorded a sharp shrinkage.
| Import of Lignite; Agglomerated, Excluding Jet in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.9 | 5.5 | 1.1 | 3.4 | -30.0% |
| Netherlands | 3.9 | 2.2 | 0.4 | 1.3 | -30.7% |
| Lebanon | 0.6 | 0.3 | 0.1 | 0.2 | -30.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.3 | 8.0 | 1.6 | 4.8 | -30.5% |
Top Suppliers of Lignite; Agglomerated, Excluding Jet to Norway in 2022:
- Netherlands (2.1 tons)
- United States (1.0 tons)
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This report provides an in-depth analysis of the lignite market in Norway.
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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.
