Price for Lignite; Agglomerated, Excluding Jet in Kuwait - 2022
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in Kuwait (CIF) - 2022
- Price for Lignite; Agglomerated, Excluding Jet in Kuwait (FOB) - 2022
- Imports of Lignite; Agglomerated, Excluding Jet in Kuwait
- Exports of Lignite; Agglomerated, Excluding Jet in Kuwait
Price for Lignite; Agglomerated, Excluding Jet in Kuwait (CIF) - 2022
In 2022, the average lignite; agglomerated, excluding jet import price amounted to $1,817 per ton, picking up by 18% against the previous year. Over the period under review, the import price, however, showed a abrupt setback. Over the period under review, average import prices hit record highs at $4,082 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,833 per ton), while the price for the United States stood at $1,138 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-7.9%).
Price for Lignite; Agglomerated, Excluding Jet in Kuwait (FOB) - 2022
The average lignite; agglomerated, excluding jet export price stood at $3,772 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, showed a mild slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by 60% against the previous year. The export price peaked at $4,331 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to -1.4% per year.
Imports of Lignite; Agglomerated, Excluding Jet in Kuwait
In 2022, overseas purchases of lignite; agglomerated, excluding jets were finally on the rise to reach 13 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a significant decline.
In value terms, lignite; agglomerated, excluding jet imports surged to $24K in 2022. Over the period under review, imports, however, faced a precipitous shrinkage.
Import of Lignite; Agglomerated, Excluding Jet in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 74.7 | 45.1 | 2.3 | 23.8 | -31.7% |
United States | 1.4 | 0.8 | N/A | 0.4 | -34.1% |
Malaysia | 13.2 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 89.3 | 45.9 | 2.4 | 24.1 | -35.4% |
Top Suppliers of Lignite; Agglomerated, Excluding Jet to Kuwait in 2022:
- India (13.0 tons)
- United States (0.3 tons)
Exports of Lignite; Agglomerated, Excluding Jet in Kuwait
In 2022, after three years of growth, there was significant decline in shipments abroad of lignite; agglomerated, excluding jets, when their volume decreased by -8.4% to 5 tons. The total export volume increased at an average annual rate of +9.7% 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 2021 when exports increased by 20%. As a result, the exports attained the peak of 5.4 tons, and then reduced in the following year.
In value terms, lignite; agglomerated, excluding jet exports contracted to $19K in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of $20K, and then declined in the following year.
Export of Lignite; Agglomerated, Excluding Jet in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 14.2 | 17.0 | 20.5 | 18.8 | 9.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 14.2 | 17.0 | 20.5 | 18.8 | 9.8% |
Top Export Markets for Lignite; Agglomerated, Excluding Jet from Kuwait in 2022:
- Qatar (5.0 tons)
This report provides an in-depth analysis of the lignite market in Kuwait.
This report provides an in-depth analysis of the coal market in Kuwait.
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 Kuwait.
This report provides an in-depth analysis of the global lignite market.
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.