Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Iran - 2022
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Iran (FOB) - 2022
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Iran (CIF) - 2022
- Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Iran
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Iran
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Iran (FOB) - 2022
In 2022, the average export price for lignite; whether or not pulverised, but not agglomerated, excluding jets amounted to $234 per ton, declining by -10.9% against the previous year. Overall, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 13% against the previous year. The export price peaked at $580 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($286 per ton), while the average price for exports to Turkey totaled $141 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-5.8%).
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Iran (CIF) - 2022
The average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets stood at $76 per ton in 2022, approximately reflecting the previous year. In general, the import price saw a dramatic decrease. The pace of growth appeared the most rapid in 2013 when the average import price increased by 81% against the previous year. As a result, import price attained the peak level of $2,103 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +18.8% per year.
Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Iran
For the fourth year in a row, Iran recorded growth in overseas shipments of lignite; whether or not pulverised, but not agglomerated, excluding jets, which increased by 4.2% to 84 tons in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 94%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of lignite; whether or not pulverised, but not agglomerated, excluding jets reduced to $20K in 2022. The total export value increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year.
| Export of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 14.3 | 18.2 | 9.8 | 15.4 | 2.5% |
| Turkey | N/A | N/A | 11.4 | 4.3 | -62.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.3 | 18.2 | 21.2 | 19.7 | 11.3% |
Top Export Markets for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet from Iran in 2022:
- Spain (53.8 tons)
- Turkey (30.4 tons)
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Iran
After two years of decline, supplies from abroad of lignite; whether or not pulverised, but not agglomerated, excluding jets decreased by 0% to 106 tons in 2022. Overall, imports recorded strong growth. The smallest decline of 99.9% was in 2020. 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 amounted to $8.1K in 2022. Over the period under review, imports showed a precipitous descent. The smallest decline of 99.9% was in 2020.
| Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | N/A | 8.1 | 0% |
| Canada | 21.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 21.3 | N/A | N/A | 8.1 | -27.6% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to Iran in 2022:
- Kazakhstan (106.3 tons)
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This report provides an in-depth analysis of the lignite market in Iran.
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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.
