Price for Lignite; Agglomerated, Excluding Jet in Thailand - 2023
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in Thailand (CIF) - 2022
- Imports of Lignite; Agglomerated, Excluding Jet in Thailand
Price for Lignite; Agglomerated, Excluding Jet in Thailand (CIF) - 2022
The average lignite; agglomerated, excluding jet import price stood at $44,200 per ton in 2022, approximately equating the previous year. In general, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2018 an increase of 212% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($50,667 per ton), while the price for Denmark amounted to $34,500 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+32.4%).
Imports of Lignite; Agglomerated, Excluding Jet in Thailand
After two years of decline, purchases abroad of lignite; agglomerated, excluding jets decreased by 0% to 5 kg in 2022. In general, imports showed a dramatic decrease. The smallest decline of 99.9% was in 2020.
In value terms, lignite; agglomerated, excluding jet imports totaled $221 in 2022. Over the period under review, imports continue to indicate a noticeable descent. The smallest decline of 99.9% was in 2020.
| Import of Lignite; Agglomerated, Excluding Jet in Thailand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 152 | 0% |
| Denmark | N/A | N/A | N/A | 69.0 | 0% |
| United States | 238 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 238 | N/A | N/A | 221 | -2.4% |
Top Suppliers of Lignite; Agglomerated, Excluding Jet to Thailand in 2022:
- Netherlands (3.0 kg)
- Denmark (2.0 kg)
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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.
