Price for Lignite; Agglomerated, Excluding Jet in Libya - 2022
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in Libya (CIF) - 2022
- Imports of Lignite; Agglomerated, Excluding Jet in Libya
Price for Lignite; Agglomerated, Excluding Jet in Libya (CIF) - 2022
In 2022, the average lignite; agglomerated, excluding jet import price amounted to $167 per ton, dropping by -4.7% against the previous year. Overall, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 73% against the previous year. Over the period under review, average import prices reached the maximum at $292 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tunisia ($208 per ton), while the price for Egypt amounted to $166 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (-5.0%).
Imports of Lignite; Agglomerated, Excluding Jet in Libya
In 2022, supplies from abroad of lignite; agglomerated, excluding jets was finally on the rise to reach 1.2K tons after two years of decline. Over the period under review, imports, however, saw a precipitous shrinkage.
In value terms, lignite; agglomerated, excluding jet imports skyrocketed to $200K in 2022. In general, imports, however, continue to indicate a dramatic curtailment.
| Import of Lignite; Agglomerated, Excluding Jet in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 788 | 286 | 104 | 194 | -37.3% |
| Tunisia | 21.3 | 7.4 | 2.6 | 4.7 | -39.6% |
| Others | N/A | N/A | N/A | 1.0 | 0% |
| Total | 810 | 294 | 106 | 200 | -37.3% |
Top Suppliers of Lignite; Agglomerated, Excluding Jet to Libya in 2022:
- Egypt (1168.1 tons)
- Tunisia (22.6 tons)
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This report provides an in-depth analysis of the lignite market in Libya.
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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.
