Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Kuwait - 2022
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Kuwait (CIF) - 2022
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Kuwait (FOB) - 2022
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Kuwait
- Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Kuwait
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Kuwait (CIF) - 2022
In 2022, the average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets amounted to $842 per ton, shrinking by -9.4% against the previous year. Over the period under review, the import price saw a mild setback. The pace of growth appeared the most rapid in 2019 an increase of 67%. Over the period under review, average import prices hit record highs at $1,431 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($13,710 per ton), while the price for China ($222 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Kuwait (FOB) - 2022
The average export price for lignite; whether or not pulverised, but not agglomerated, excluding jets stood at $230 per ton in 2022, with an increase of 5.7% against the previous year. In general, the export price, however, showed a abrupt contraction. Over the period under review, the average export prices hit record highs at $595 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -9.1% per year.
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Kuwait
Imports of lignite; whether or not pulverised, but not agglomerated, excluding jets into Kuwait rose notably to 14 tons in 2022, picking up by 10% against 2021 figures. Overall, imports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year.
In value terms, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets stood at $12K in 2022. In general, imports, however, showed a relatively flat trend pattern.
| Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 2.6 | 2.2 | 2.5 | -1.3% |
| United States | 1.7 | 1.9 | 1.8 | 2.4 | 12.2% |
| Japan | 3.4 | 3.0 | 2.3 | 2.3 | -12.2% |
| India | 0.7 | 0.9 | 1.1 | 1.6 | 31.7% |
| Saudi Arabia | 1.2 | 1.3 | 1.1 | 1.4 | 5.3% |
| United Kingdom | 0.8 | 0.7 | 0.5 | 0.5 | -14.5% |
| Turkey | N/A | N/A | 1.8 | N/A | 0% |
| Others | 1.2 | 1.1 | 0.8 | 0.9 | -9.1% |
| Total | 11.6 | 11.6 | 11.6 | 11.6 | 0.0% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to Kuwait in 2022:
- China (11.2 tons)
- Saudi Arabia (1.0 tons)
- India (0.8 tons)
- United States (0.2 tons)
- United Kingdom (0.2 tons)
- Japan (0.2 tons)
Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Kuwait
After three years of growth, shipments abroad of lignite; whether or not pulverised, but not agglomerated, excluding jets decreased by -3.7% to 8.6 tons in 2022. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 8% against the previous year.
In value terms, exports of lignite; whether or not pulverised, but not agglomerated, excluding jets rose to $2K in 2022. In general, exports showed a mild decrease.
| Export of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 2.1 | 2.0 | 1.9 | 2.0 | -1.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.1 | 2.0 | 1.9 | 2.0 | -1.6% |
Top Export Markets for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet from Kuwait in 2022:
- Saudi Arabia (8.6 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.
