Price for Lignite; Agglomerated, Excluding Jet in Poland - 2023
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in Poland (FOB) - 2022
- Price for Lignite; Agglomerated, Excluding Jet in Poland (CIF) - 2022
- Exports of Lignite; Agglomerated, Excluding Jet in Poland
- Imports of Lignite; Agglomerated, Excluding Jet in Poland
Price for Lignite; Agglomerated, Excluding Jet in Poland (FOB) - 2022
In 2022, the average lignite; agglomerated, excluding jet export price amounted to $167 per ton, jumping by 25% against the previous year. Over the period under review, the export price, however, showed a mild contraction. The most prominent rate of growth was recorded in 2018 an increase of 39%. The export price peaked at $195 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($184 per ton), while the average price for exports to Hungary ($93 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+23.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Lignite; Agglomerated, Excluding Jet in Poland (CIF) - 2022
The average lignite; agglomerated, excluding jet import price stood at $125 per ton in 2022, growing by 71% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average import price increased by 75% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +4.0% per year.
Exports of Lignite; Agglomerated, Excluding Jet in Poland
In 2022, approx. 7K tons of lignite; agglomerated, excluding jets were exported from Poland; picking up by 48% on the previous year's figure. In general, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 177% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, lignite; agglomerated, excluding jet exports surged to $1.2M in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 263% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Lignite; Agglomerated, Excluding Jet in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 65.2 | 210 | 334 | 724 | 123.1% |
| Slovakia | 2.4 | 126 | 239 | 437 | 466.8% |
| Hungary | 19.1 | 14.2 | 56.7 | 2.6 | -48.6% |
| Others | 10.2 | 2.0 | N/A | 1.6 | -46.1% |
| Total | 97.0 | 352 | 629 | 1,164 | 128.9% |
Top Export Markets for Lignite; Agglomerated, Excluding Jet from Poland in 2022:
- Hungary (undefinedK tons)
- Czech Republic (4.6K tons)
- Slovakia (2.4K tons)
Imports of Lignite; Agglomerated, Excluding Jet in Poland
In 2022, overseas purchases of lignite; agglomerated, excluding jets increased by 253% to 7.5K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a dramatic descent.
In value terms, lignite; agglomerated, excluding jet imports soared to $942K in 2022. Over the period under review, imports, however, showed a dramatic decline.
| Import of Lignite; Agglomerated, Excluding Jet in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.1 | 1.2 | N/A | 0.9 | -39.7% |
| Czech Republic | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.2 | 1.3 | 0.2 | 0.9 | -40.2% |
Top Suppliers of Lignite; Agglomerated, Excluding Jet to Poland in 2022:
- Germany (7.5K 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.
