Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Philippines - 2022

Contents:

  1. Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Philippines (FOB) - 2022
  2. Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Philippines (CIF) - 2022
  3. Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Philippines
  4. Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Philippines

Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Philippines (FOB) - 2022

The average export price for lignite; whether or not pulverised, but not agglomerated, excluding jets stood at $58 per ton in 2022, falling by -20.1% against the previous year. In general, the export price continues to indicate a mild setback. The pace of growth was the most pronounced in 2021 an increase of 70% against the previous year. The export price peaked at $78 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.6% per year.

Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Philippines (CIF) - 2022

The average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets stood at $44 per ton in 2022, which is down by -26.8% against the previous year. Overall, the import price recorded a pronounced setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 81%. As a result, import price attained the peak level of $60 per ton, and then contracted remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($66 per ton), while the price for Russia totaled $41 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-0.2%).

Exports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Philippines

Exports of lignite; whether or not pulverised, but not agglomerated, excluding jets from the Philippines fell to 8.3M tons in 2022, reducing by -2% compared with the previous year. Overall, exports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 4.2% against the previous year.

In value terms, exports of lignite; whether or not pulverised, but not agglomerated, excluding jets reduced remarkably to $478M in 2022. In general, total exports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 77%. As a result, the exports attained the peak of $610M, and then declined sharply in the following year.

Export of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4603456104781.3%
OthersN/AN/AN/AN/A0%
Total4603456104781.3%

Top Export Markets for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet from the Philippines in 2022:

  1. China (8.3M tons)

Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Philippines

Imports of lignite; whether or not pulverised, but not agglomerated, excluding jets into the Philippines skyrocketed to 94K tons in 2022, surging by 24% compared with the previous year. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 27%. As a result, imports reached the peak of 112K 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 dropped to $4.1M in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 22%. As a result, imports reached the peak of $4.5M, and then reduced in the following year.

Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.51.73.73.591.3%
Indonesia2.82.00.80.7-37.0%
OthersN/AN/AN/AN/A0%
Total3.33.74.54.17.5%

Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to the Philippines in 2022:

  1. Russia (84.1K tons)
  2. Indonesia (10.0K tons)

Source: IndexBox Market Intelligence Platform

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