Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Dominican Republic - 2022
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Dominican Republic (CIF) - 2022
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Dominican Republic
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Dominican Republic (CIF) - 2022
In 2022, the average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets amounted to $73 per ton, dropping by -5.6% against the previous year. Over the period under review, the import price saw a pronounced curtailment. The pace of growth appeared the most rapid in 2019 an increase of 71%. Over the period under review, average import prices hit record highs at $170 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 the United States amounted to -4.4% per year.
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Dominican Republic
In 2022, purchases abroad of lignite; whether or not pulverised, but not agglomerated, excluding jets decreased by -2.8% to 136 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 +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 6% against the previous year. As a result, imports reached the peak of 140 tons, and then fell slightly in the following year.
In value terms, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets dropped to $9.8K in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of $11K, and then contracted in the following year.
| Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.4 | 8.9 | 10.7 | 9.8 | 9.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.4 | 8.9 | 10.7 | 9.8 | 9.8% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to the Dominican Republic in 2022:
- United States (135.5 tons)
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This report provides an in-depth analysis of the global lignite market.
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This report provides an in-depth analysis of the lignite market in the Dominican Republic.
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In 2020, the decline in the global coal market gathered momentum, against the Covid-19 pandemic. The low cost of natural gas, combined with the development of alternative energy sources and stricter environmental regulations, are pushing the coal energy sector into stagnation. In the medium term, only the metallurgical industry is set to see a stable demand for coal.
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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.
