Turkey - Lignite - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLignite Price in Turkey - 2023
Contents:
- Lignite Price in Turkey (FOB) - 2022
- Lignite Price in Turkey (CIF) - 2022
- Lignite Exports in Turkey
- Lignite Imports in Turkey
Lignite Price in Turkey (FOB) - 2022
The average lignite export price stood at $152 per ton in 2022, jumping by 52% against the previous year. Over the period under review, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 80%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($327 per ton), while the average price for exports to Bulgaria ($82 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+49.6%), while the prices for the other major destinations experienced more modest paces of growth.
Lignite Price in Turkey (CIF) - 2022
In 2022, the average lignite import price amounted to $150 per ton, waning by -72.6% against the previous year. In general, the import price recorded a deep reduction. The growth pace was the most rapid in 2018 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $1,072 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Iran.
From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +7.4% per year.
Lignite Exports in Turkey
In 2022, after three years of growth, there was significant decline in shipments abroad of lignites, when their volume decreased by -13.4% to 5.1K tons. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 137%.
In value terms, lignite exports surged to $774K in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 105% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
Export of Lignite in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Syrian Arab Republic | N/A | N/A | N/A | 556 | 0% |
Bulgaria | N/A | N/A | 110 | 76.1 | -30.8% |
Poland | N/A | N/A | N/A | 66.7 | 0% |
Lebanon | N/A | N/A | 243 | 29.0 | -88.1% |
Moldova | N/A | N/A | N/A | 24.0 | 0% |
Cyprus | N/A | 172 | N/A | 13.1 | -72.4% |
Israel | 140 | N/A | N/A | 8.9 | -60.1% |
United States | N/A | 134 | N/A | N/A | 0% |
Azerbaijan | N/A | 41.6 | N/A | N/A | 0% |
Iraq | 34.7 | 32.3 | 112 | N/A | 79.7% |
Others | 10.4 | 0.4 | 123 | 0.3 | -69.3% |
Total | 185 | 380 | 588 | 774 | 61.1% |
Top Export Markets for Lignite from Turkey in 2022:
- Syrian Arab Republic (3461.7 tons)
- Bulgaria (933.2 tons)
- Poland (275.3 tons)
- Lebanon (184.1 tons)
- Moldova (156.0 tons)
- Israel (50.2 tons)
- Cyprus (40.0 tons)
Lignite Imports in Turkey
In 2022, purchases abroad of lignites decreased by -93.3% to 25 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 13%. As a result, imports attained the peak of 543 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, lignite imports shrank significantly to $3.7K in 2022. Over the period under review, imports saw a dramatic downturn. The pace of growth was the most pronounced in 2020 with an increase of 8.5%. As a result, imports reached the peak of $373K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Lignite in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | N/A | N/A | 21.2 | 3.7 | -82.5% |
United Kingdom | 41.9 | 122 | N/A | N/A | 191.2% |
United States | 261 | 250 | 180 | N/A | -17.0% |
Others | 41.2 | 1.2 | N/A | N/A | -97.1% |
Total | 344 | 373 | 201 | 3.7 | -77.9% |
Top Suppliers of Lignite to Turkey in 2022:
- Iran (24.5 tons)
This report provides an in-depth analysis of the lignite market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the lignite market in Turkey.
This report provides an in-depth analysis of the coal market in Turkey.
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 Turkey.
This report provides an in-depth analysis of the global lignite market.
In December 2022, the coal price stood at $200 per ton (CIF, Turkey), picking up by 5.7% against the previous month. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 44% month-to-month. From January 2022 to December 2022, the rate of growth in terms of prices for coal other than lingite amounted to +1.4% per month. In value terms, coal imports fell to $587M (IndexBox estimates) in December 2022. In December 2022, Russia constituted the largest supplier of coal to Turkey.
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.
This article provides a list of the top importers of coal in 2022, including Japan, India, China, South Korea, Germany, Turkey, Malaysia, Netherlands, Philippines, and Brazil. These countries heavily rely on coal as a source of energy for electricity generation and industrial processes. However, as the world moves towards cleaner energy sources, the future of coal imports is uncertain.
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.