Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Venezuela - 2022
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Venezuela (CIF) - 2022
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Venezuela
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Venezuela (CIF) - 2022
In 2022, the average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets amounted to $344 per ton, surging by 5.7% against the previous year. Overall, the import price, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of 11%. The import price peaked at $1,612 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 -14.3% per year.
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Venezuela
In 2022, overseas purchases of lignite; whether or not pulverised, but not agglomerated, excluding jets were finally on the rise to reach 11 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a pronounced reduction.
In value terms, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets expanded notably to $3.7K in 2022. Over the period under review, imports, however, showed a abrupt decrease.
| Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.8 | 4.1 | 3.4 | 3.7 | -8.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.8 | 4.1 | 3.4 | 3.7 | -8.3% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to Venezuela in 2022:
- United States (10.9 tons)
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This report provides an in-depth analysis of the lignite market in Venezuela.
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This report provides an in-depth analysis of the coal market in Venezuela.
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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 global coal market.
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This report provides an in-depth analysis of the lignite market in Venezuela.
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This report provides an in-depth analysis of the global lignite market.
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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.
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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.
