Price for Lignite; Agglomerated, Excluding Jet in Ukraine - 2021
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in Ukraine (CIF) - 2022
- Imports of Lignite; Agglomerated, Excluding Jet in Ukraine
Price for Lignite; Agglomerated, Excluding Jet in Ukraine (CIF) - 2022
The average lignite; agglomerated, excluding jet import price stood at $682 per ton in 2022, waning by -3.5% against the previous year. Over the period from 2019 to 2022, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2021 an increase of 7.9% against the previous year. As a result, import price attained the peak level of $707 per ton, and then shrank modestly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Romania.
From 2019 to 2022, the rate of growth in terms of prices for India amounted to +5.2% per year.
Imports of Lignite; Agglomerated, Excluding Jet in Ukraine
In 2022, supplies from abroad of lignite; agglomerated, excluding jets decreased by -3% to 114 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +12.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 38% against the previous year.
In value terms, lignite; agglomerated, excluding jet imports contracted to $77K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 41%.
| Import of Lignite; Agglomerated, Excluding Jet in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | N/A | N/A | 40.2 | 0% |
| India | 51.1 | 72.1 | 82.8 | N/A | 27.3% |
| Others | N/A | N/A | N/A | 37.3 | 0% |
| Total | 51.1 | 72.1 | 82.8 | 77.4 | 14.8% |
Top Suppliers of Lignite; Agglomerated, Excluding Jet to Ukraine in 2022:
- Romania (56.8 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.
