Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Chile - 2023
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Chile (CIF) - 2022
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Chile
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Chile (CIF) - 2022
In 2022, the average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets amounted to $1,538 per ton, jumping by 21% against the previous year. In general, the import price continues to indicate a perceptible increase. The growth pace was the most rapid in 2015 when the average import price increased by 182% against the previous year. The import price peaked at $1,565 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Canada amounted to +331.6% per year.
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Chile
For the fourth consecutive year, Chile recorded growth in overseas purchases of lignite; whether or not pulverised, but not agglomerated, excluding jets, which increased by 81% to 57 tons in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 149%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets surged to $88K in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 148% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.7 | 11.1 | 33.9 | 88.3 | 165.8% |
| Brazil | 3.9 | 5.1 | 6.4 | N/A | 28.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.6 | 16.3 | 40.3 | 88.3 | 117.3% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to Chile in 2022:
- United States (57.4 tons)
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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.
