Price for Lignite; Agglomerated, Excluding Jet in Serbia - 2023
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in Serbia (CIF) - 2022
- Price for Lignite; Agglomerated, Excluding Jet in Serbia (FOB) - 2022
- Imports of Lignite; Agglomerated, Excluding Jet in Serbia
- Exports of Lignite; Agglomerated, Excluding Jet in Serbia
Price for Lignite; Agglomerated, Excluding Jet in Serbia (CIF) - 2022
In 2022, the average lignite; agglomerated, excluding jet import price amounted to $33 per ton, dropping by -50.9% against the previous year. Overall, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 86%. Over the period under review, average import prices attained the peak figure at $96 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
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 Montenegro ($68 per ton), while the price for Bosnia and Herzegovina stood at $33 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+13.7%), while the prices for the other major suppliers experienced a decline.
Price for Lignite; Agglomerated, Excluding Jet in Serbia (FOB) - 2022
In 2022, the average lignite; agglomerated, excluding jet export price amounted to $69 per ton, waning by -13.7% against the previous year. In general, the export price continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2019 when the average export price increased by 18%. As a result, the export price reached the peak level of $116 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for North Macedonia.
From 2012 to 2022, the rate of growth in terms of prices for North Macedonia amounted to -4.2% per year.
Imports of Lignite; Agglomerated, Excluding Jet in Serbia
For the fourth year in a row, Serbia recorded growth in supplies from abroad of lignite; agglomerated, excluding jets, which increased by 1,087% to 12K tons in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, lignite; agglomerated, excluding jet imports skyrocketed to $388K in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lignite; Agglomerated, Excluding Jet in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 1.4 | 2.2 | 6.9 | 382 | 548.6% |
| Montenegro | 8.1 | 10.1 | 19.9 | 3.5 | -24.4% |
| Romania | 21.4 | 23.2 | 32.3 | N/A | 22.9% |
| Others | 13.3 | 5.9 | 7.4 | 3.0 | -39.1% |
| Total | 44.2 | 41.4 | 66.6 | 388 | 106.3% |
Top Suppliers of Lignite; Agglomerated, Excluding Jet to Serbia in 2022:
- Bosnia and Herzegovina (11.6K tons)
- Montenegro (0.1K tons)
Exports of Lignite; Agglomerated, Excluding Jet in Serbia
In 2022, the amount of lignite; agglomerated, excluding jets exported from Serbia declined sharply to 15K tons, dropping by -40.7% on 2021 figures. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 5,273%. As a result, the exports reached the peak of 25K tons, and then reduced markedly in the following year.
In value terms, lignite; agglomerated, excluding jet exports contracted significantly to $1M in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 4,031%. As a result, the exports reached the peak of $2M, and then contracted sharply in the following year.
| Export of Lignite; Agglomerated, Excluding Jet in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 127 | 40.4 | 1,955 | 1,004 | 99.2% |
| Others | 15.0 | 7.3 | 14.2 | 4.6 | -32.6% |
| Total | 142 | 47.7 | 1,969 | 1,008 | 92.2% |
Top Export Markets for Lignite; Agglomerated, Excluding Jet from Serbia in 2022:
- North Macedonia (14.6K tons)
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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 Serbia.
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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.
