Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Singapore - 2022
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Singapore (CIF) - 2022
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Singapore
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Singapore (CIF) - 2022
The average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets stood at $60 per ton in 2022, declining by -2.4% against the previous year. Over the period under review, the import price, however, posted a slight expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 32%. As a result, import price attained the peak level of $83 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +1.2% per year.
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Singapore
In 2022, approx. 976K tons of lignite; whether or not pulverised, but not agglomerated, excluding jets were imported into Singapore; rising by 222% against 2021. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets surged to $59M in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 13.9 | 7.5 | 18.7 | 58.9 | 61.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 13.9 | 7.5 | 18.8 | 58.9 | 61.8% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to Singapore in 2022:
- Indonesia (976.4K tons)
This report provides an in-depth analysis of the lignite market in Singapore.
This report provides an in-depth analysis of the coal market in Singapore.
This report provides an in-depth analysis of the global lignite market.
This report provides an in-depth analysis of the global coal market.
This report provides an in-depth analysis of the lignite market in Singapore.
This report provides an in-depth analysis of the global lignite market.
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In 2020, the decline in the global coal market gathered momentum, against the Covid-19 pandemic. The low cost of natural gas, combined with the development of alternative energy sources and stricter environmental regulations, are pushing the coal energy sector into stagnation. In the medium term, only the metallurgical industry is set to see a stable demand for coal.
The global coal trade amounted to X million USD in 2015, fluctuating mildly over the period under review, with a consistent downward trend in the last four years. A slight drop in 2009 was followed by brief recovery over the next two years, until
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.