Middle East: Lignite Market 2024

Lignite Market Size in the Middle East

The Middle Eastern lignite market reduced to $X in 2022, waning by X% against the previous year. Overall, consumption showed buoyant growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Lignite Production in the Middle East

In value terms, lignite production dropped to $X in 2022 estimated in export price. Over the period under review, production saw strong growth. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Lignite Exports

Exports in the Middle East

In 2022, after three years of growth, there was significant decline in shipments abroad of lignites, when their volume decreased by X% to X tons. Over the period under review, exports saw a deep slump. The growth pace was the most rapid in 2016 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, lignite exports skyrocketed to $X in 2022. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey dominates exports structure, reaching X tons, which was near X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X tons), making up a X% share of total exports. Iran (X tons) followed a long way behind the leaders.

Exports from Turkey decreased at an average annual rate of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) and Iran (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of the United Arab Emirates and Iran increased by X and X percentage points, respectively.

In value terms, Turkey ($X) remains the largest lignite supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Iran (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced mixed trends in the export price figures.

Lignite Imports

Imports in the Middle East

In 2022, lignite imports in the Middle East fell sharply to X tons, with a decrease of X% against 2021 figures. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, lignite imports fell rapidly to $X in 2022. In general, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by X%. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Syrian Arab Republic dominates imports structure, finishing at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Israel (X tons), Kuwait (X tons) and the United Arab Emirates (X tons), together achieving a X% share of total imports. The following importers - Oman (X tons) and Iran (X tons) - each resulted at 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, Iran (X%) and Israel (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%), Oman (X%) and Kuwait (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Syrian Arab Republic, Israel and Iran increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest lignite importing markets in the Middle East were Syrian Arab Republic ($X), the United Arab Emirates ($X) and Kuwait ($X), with a combined X% share of total imports. Israel, Oman and Iran lagged somewhat behind, together comprising a further X%.

Israel, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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