Price for Lignite; Agglomerated, Excluding Jet in Australia - 2021
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in Australia (CIF) - 2022
- Imports of Lignite; Agglomerated, Excluding Jet in Australia
Price for Lignite; Agglomerated, Excluding Jet in Australia (CIF) - 2022
The average lignite; agglomerated, excluding jet import price stood at $347 per ton in 2022, leveling off at the previous year. In general, the import price, however, saw a abrupt downturn. Over the period under review, average import prices attained the peak figure at $2,035 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($791 per ton), while the price for Germany totaled $357 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+497.1%), while the prices for the other major suppliers experienced a decline.
Imports of Lignite; Agglomerated, Excluding Jet in Australia
In 2022, the amount of lignite; agglomerated, excluding jets imported into Australia dropped rapidly to 267 tons, waning by -50% on the previous year's figure. Over the period under review, imports saw a significant contraction.
In value terms, lignite; agglomerated, excluding jet imports fell rapidly to $93K in 2022. In general, imports saw a significant curtailment.
| Import of Lignite; Agglomerated, Excluding Jet in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Germany | 123 | 61.5 | -50.0% | ||
| Others | 62.6 | 31.3 | -50.0% | ||
| Total | 186 | 92.8 | -50.1% | ||
Top Suppliers of Lignite; Agglomerated, Excluding Jet to Australia in 2022:
- Germany (172.4 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.
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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.
