Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Japan - 2023
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Japan (CIF) - 2023
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Japan
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Japan (CIF) - 2023
In July 2023, the average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets amounted to $416 per ton, reducing by -11.1% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 163% against the previous month. The import price peaked at $531 per ton in March 2023; however, from April 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($969 per ton), while the price for China ($293 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-0.5%), while the prices for the other major suppliers experienced a decline.
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Japan
Imports of lignite; whether or not pulverised, but not agglomerated, excluding jets into Japan rose rapidly to 10K tons in 2022, with an increase of 11% on 2021. Overall, imports, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 35% against the previous year. As a result, imports reached the peak of 20K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets skyrocketed to $3.4M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 48.4 | N/A | N/A | 1,291 | 198.8% |
Canada | 731 | 489 | 846 | 902 | 7.3% |
China | 686 | 638 | 763 | 899 | 9.4% |
United States | 44.7 | 182 | 46.5 | 296 | 87.8% |
Russia | 1,330 | 2,043 | 518 | N/A | -37.6% |
Others | 53.6 | 27.4 | N/A | N/A | -48.9% |
Total | 2,894 | 3,379 | 2,174 | 3,388 | 5.4% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to Japan in 2022:
- Indonesia (5.5K tons)
- China (3.1K tons)
- Canada (1.5K tons)
- United States (0.3K tons)
This report provides an in-depth analysis of the lignite market in Japan.
This report provides an in-depth analysis of the coal market in Japan.
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 Japan.
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.