Price for Lignite; Agglomerated, Excluding Jet in Slovakia - 2023
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in Slovakia (CIF) - 2023
- Imports of Lignite; Agglomerated, Excluding Jet in Slovakia
Price for Lignite; Agglomerated, Excluding Jet in Slovakia (CIF) - 2023
The average lignite; agglomerated, excluding jet import price stood at $249 per ton in June 2023, picking up by 1.8% against the previous month. In general, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 60% m-o-m. The import price peaked in June 2023.
As there is only one major supplying country, the average price level is determined by prices for the Czech Republic.
From June 2022 to June 2023, the rate of growth in terms of prices for the Czech Republic amounted to +7.0% per month.
Imports of Lignite; Agglomerated, Excluding Jet in Slovakia
Lignite; agglomerated, excluding jet imports into Slovakia soared to 89K tons in 2022, jumping by 38% against 2021. Overall, imports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 45%. As a result, imports reached the peak of 136K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, lignite; agglomerated, excluding jet imports soared to $12M in 2022. Over the period under review, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 65%. As a result, imports attained the peak of $16M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Lignite; Agglomerated, Excluding Jet in Slovakia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4.7 | 4.8 | 4.0 | 4.7 | 0.0% |
Czech Republic | 3.2 | 2.9 | 1.4 | 2.9 | -3.2% |
Hungary | N/A | N/A | 0.2 | 0.2 | 0.0% |
Poland | N/A | 0.5 | 0.4 | N/A | -20.0% |
Others | 1.6 | 7.6 | 1.9 | 4.5 | 41.2% |
Total | 9.5 | 15.7 | 8.0 | 12.3 | 9.0% |
Top Suppliers of Lignite; Agglomerated, Excluding Jet to Slovakia in 2022:
- Czech Republic (31.4K tons)
- Germany (22.4K tons)
- Hungary (2.6K tons)
This report provides an in-depth analysis of the lignite market in Slovakia.
This report provides an in-depth analysis of the coal market in Slovakia.
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 Slovakia.
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.
This article provides a list of the top importers of coal in 2022, including Japan, India, China, South Korea, Germany, Turkey, Malaysia, Netherlands, Philippines, and Brazil. These countries heavily rely on coal as a source of energy for electricity generation and industrial processes. However, as the world moves towards cleaner energy sources, the future of coal imports is uncertain.
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.