Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Morocco - 2023
Contents:
- Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Morocco (CIF) - 2022
- Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Morocco
Price for Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Morocco (CIF) - 2022
The average import price for lignite; whether or not pulverised, but not agglomerated, excluding jets stood at $1,380 per ton in 2022, surging by 31% against the previous year. Over the period under review, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 149% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +10.6% per year.
Imports of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Morocco
After three years of growth, purchases abroad of lignite; whether or not pulverised, but not agglomerated, excluding jets decreased by -33.3% to 26 tons in 2022. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 200%. As a result, imports attained the peak of 39 tons, and then contracted significantly in the following year.
In value terms, imports of lignite; whether or not pulverised, but not agglomerated, excluding jets fell to $36K in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 342%. As a result, imports reached the peak of $41K, and then shrank in the following year.
| Import of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.8 | 6.5 | 37.7 | 35.9 | 83.6% |
| Poland | 2.9 | 2.8 | 3.3 | N/A | 6.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.7 | 9.3 | 41.0 | 35.9 | 60.4% |
Top Suppliers of Lignite; Whether or Not Pulverised, But Not Agglomerated, Excluding Jet to Morocco in 2022:
- China (26.0 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.
