Italy: Lignite Market 2024

Lignite Market Size in Italy

In 2022, the Italian lignite market increased by 21% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, saw a deep downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Lignite Exports

Exports from Italy

Lignite exports from Italy declined sharply to X tons in 2022, dropping by -42.5% compared with 2021 figures. Overall, exports saw a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of 10,847% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, lignite exports declined modestly to $X in 2022. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 6,041%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for lignite exports from Italy, with a 81% share of total exports. Moreover, lignite exports to India exceeded the volume sent to the second major destination, Trinidad and Tobago (X tons), eightfold. Malta (X kg) ranked third in terms of total exports with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India stood at +38.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Trinidad and Tobago (-62.0% per year) and Malta (+54.6% per year).

In value terms, India ($X), Portugal ($X) and Malta ($X) appeared to be the largest markets for lignite exported from Italy worldwide, together accounting for 74% of total exports.

India, with a CAGR of +38.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average lignite export price stood at $X per ton in 2022, surging by 74% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 137% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to India ($X 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 Trinidad and Tobago (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Lignite Imports

Imports into Italy

In 2022, overseas purchases of lignites increased by 28% to X tons, rising for the second year in a row after three years of decline. In general, imports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 29%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, lignite imports soared to $X in 2022. Overall, imports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of lignite to Italy, accounting for a 79% share of total imports. Moreover, lignite imports from Germany exceeded the figures recorded by the second-largest supplier, Hungary (X tons), fivefold. The United States (X tons) ranked third in terms of total imports with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled -6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-10.0% per year) and the United States (-11.8% per year).

In value terms, Germany ($X) constituted the largest supplier of lignites to Italy, comprising 61% of total imports. The second position in the ranking was held by Hungary ($X), with a 15% share of total imports. It was followed by the United States, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled -10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-9.4% per year) and the United States (-5.9% per year).

Import Prices by Country

The average lignite import price stood at $X per ton in 2022, with a decrease of -7.1% against the previous year. In general, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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