Price for Lignite; Agglomerated, Excluding Jet in Ireland - 2023
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in Ireland (CIF) - 2022
- Price for Lignite; Agglomerated, Excluding Jet in Ireland (FOB) - 2022
- Imports of Lignite; Agglomerated, Excluding Jet in Ireland
- Exports of Lignite; Agglomerated, Excluding Jet in Ireland
Price for Lignite; Agglomerated, Excluding Jet in Ireland (CIF) - 2022
The average lignite; agglomerated, excluding jet import price stood at $241 per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price showed moderate growth. The growth pace was the most rapid in 2020 an increase of 41%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($270 per ton), while the price for Germany stood at $207 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.4%).
Price for Lignite; Agglomerated, Excluding Jet in Ireland (FOB) - 2022
In 2022, the average lignite; agglomerated, excluding jet export price amounted to $301 per ton, remaining relatively unchanged against the previous year. Overall, the export price recorded a temperate expansion. The growth pace was the most rapid in 2016 an increase of 51%. As a result, the export price reached the peak level of $304 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2014 to 2022, the rate of growth in terms of prices for the UK amounted to +3.0% per year.
Imports of Lignite; Agglomerated, Excluding Jet in Ireland
In 2022, supplies from abroad of lignite; agglomerated, excluding jets decreased by 0% to 12K tons, falling for the second consecutive year after two years of growth. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 170%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, lignite; agglomerated, excluding jet imports amounted to $2.8M in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 280%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Lignite; Agglomerated, Excluding Jet in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.5 | 1.4 | N/A | 1.7 | 50.4% |
| Germany | N/A | 0.4 | N/A | 1.1 | 65.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.5 | 1.8 | N/A | 2.8 | 77.6% |
Top Suppliers of Lignite; Agglomerated, Excluding Jet to Ireland in 2022:
- United Kingdom (6.2K tons)
- Germany (5.5K tons)
Exports of Lignite; Agglomerated, Excluding Jet in Ireland
In 2022, shipments abroad of lignite; agglomerated, excluding jets decreased by 0% to 147 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, the exports reached the peak of 223 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, lignite; agglomerated, excluding jet exports amounted to $44K in 2022. In general, exports posted a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 25%. As a result, the exports attained the peak of $47K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Lignite; Agglomerated, Excluding Jet in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 37.6 | 47.1 | N/A | 44.1 | 5.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 37.6 | 47.1 | N/A | 44.1 | 5.5% |
Top Export Markets for Lignite; Agglomerated, Excluding Jet from Ireland in 2022:
- United Kingdom (146.6 tons)
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This report provides an in-depth analysis of the lignite market in Ireland.
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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.
