MENA: Lignite Market 2024

Lignite Market Size in MENA

The MENA's lignite market shrank modestly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption recorded a strong expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Lignite Production in MENA

In value terms, lignite production contracted to $X in 2022 estimated in export price. In general, production posted strong growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Lignite Exports

Exports in MENA

In 2022, shipments abroad of lignites increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, recorded a noticeable curtailment. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, lignite exports surged to $X in 2022. In general, exports, however, recorded a abrupt slump. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Egypt was the main exporter of lignites in MENA, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Turkey (X tons), achieving a X% share of total exports.

Egypt was also the fastest-growing in terms of the lignites exports, with a CAGR of X% from 2012 to 2022. Turkey (X%) illustrated a downward trend over the same period. Egypt (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Egypt ($X) emerged as the largest lignite supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports.

In Egypt, lignite exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price saw a deep reduction. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Egypt totaled $X per ton.

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

Lignite Imports

Imports in MENA

In 2022, the amount of lignites imported in MENA fell to X tons, which is down by X% on 2021 figures. Over the period under review, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, lignite imports shrank sharply to $X in 2022. In general, imports faced a deep downturn. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Syrian Arab Republic represented the largest importing country with an import of about X tons, which reached X% of total imports. Libya (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Israel (X%) and Kuwait (X%). The following importers - the United Arab Emirates (X tons) and Egypt (X tons) - each accounted for a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to lignite imports into Syrian Arab Republic stood at X%. At the same time, Israel (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Libya (X%), the United Arab Emirates (X%) and Kuwait (X%) illustrated a downward trend over the same period. Syrian Arab Republic (X p.p.), Israel (X p.p.), Libya (X p.p.) and Egypt (X p.p.) significantly strengthened its position in terms of the total imports, while Kuwait saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Syrian Arab Republic ($X), the United Arab Emirates ($X) and Libya ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Kuwait, Israel and Egypt lagged somewhat behind, together comprising a further X%.

Israel, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price faced a abrupt slump. The growth pace was the most rapid in 2016 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :