Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Hong Kong SAR - 2022
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Hong Kong SAR (CIF) - 2022
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Hong Kong SAR
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Hong Kong SAR (CIF) - 2022
The average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets stood at $75 per ton in 2022, falling by -4.1% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for lignite; whether or not pulverised, but not agglomerated, excluding jets increased by +93.1% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 59% against the previous year. Over the period under review, average import prices attained the peak figure at $79 per ton in 2021, and then fell in the following year.
As there is only one major supplying country, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +1.4% per year.
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Hong Kong SAR
In 2022, overseas purchases of lignite; whether or not pulverised, but not agglomerated, excluding jets decreased by -8.5% to 29K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 20%. As a result, imports attained the peak of 32K tons, and then reduced in the following year.
In value terms, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets dropped to $2.2M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports attained the peak of $2.5M, and then reduced in the following year.
Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 1.6 | 1.9 | 2.5 | 2.2 | 11.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.6 | 1.9 | 2.5 | 2.2 | 11.2% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to Hong Kong SAR in 2022:
- Indonesia (28.8K tons)
This report provides an in-depth analysis of the lignite market in Hong Kong SAR, China.
This report provides an in-depth analysis of the coal market in Hong Kong SAR, China.
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 Hong Kong SAR, China.
This report provides an in-depth analysis of the global lignite market.
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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.