Report Update Nov 1, 2024

Turkey - Lignite - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Lignite Market 2024

Lignite Market Size in Turkey

The Turkish lignite market declined to $X in 2022, dropping by -4.4% against the previous year. In general, consumption recorded a remarkable increase. Lignite consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Lignite Production in Turkey

In value terms, lignite production fell to $X in 2022 estimated in export price. Overall, production recorded a resilient expansion. The growth pace was the most rapid in 2016 when the production volume increased by 126% against the previous year. Lignite production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Lignite Exports

Exports from Turkey

In 2022, overseas shipments of lignites decreased by -13.4% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2020 with an increase of 137%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, lignite exports surged to $X in 2022. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 239% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Syrian Arab Republic (X tons) was the main destination for lignite exports from Turkey, with a 68% share of total exports. Moreover, lignite exports to Syrian Arab Republic exceeded the volume sent to the second major destination, Bulgaria (X tons), fourfold. Poland (X tons) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume to Syrian Arab Republic was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+35.5% per year) and Poland (0.0% per year).

In value terms, Syrian Arab Republic ($X) emerged as the key foreign market for lignites exports from Turkey, comprising 72% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a 9.8% share of total exports. It was followed by Poland, with an 8.6% share.

From 2012 to 2022, the average annual growth rate of value to Syrian Arab Republic was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+35.0% per year) and Poland (0.0% per year).

Export Prices by Country

The average lignite export price stood at $X per ton in 2022, jumping by 52% against the previous year. In general, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 80%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($X per ton), while the average price for exports to Bulgaria ($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 Greece (+49.6%), while the prices for the other major destinations experienced more modest paces of growth.

Lignite Imports

Imports into Turkey

Lignite imports into Turkey contracted sharply to X tons in 2022, waning by -91.9% against the year before. Overall, imports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2015 with an increase of 389% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, lignite imports declined sharply to $X in 2022. Over the period under review, imports recorded a dramatic setback. The pace of growth appeared the most rapid in 2015 when imports increased by 388% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Iran (X tons) was the main supplier of lignite to Turkey, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Iran was relatively modest.

In value terms, Iran ($X) constituted the largest supplier of lignites to Turkey.

From 2012 to 2022, the average annual growth rate of value from Iran was relatively modest.

Import Prices by Country

In 2022, the average lignite import price amounted to $X per ton, with a decrease of -74.9% 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 attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lignite in the world?

The countries with the highest volumes of in 2021 were Germany, China and Turkey, with a combined 43% share of global consumption. These countries were followed by Mongolia, the United States, Poland, India, Serbia, the Czech Republic, Bulgaria, Greece, Romania and Lao People's Democratic Republic, which together accounted for a further 46%.

What are the largest producers of lignite in the world?

The countries with the highest volumes of in 2021 were Germany, Indonesia and Turkey, with a combined 42% share of global production. These countries were followed by Mongolia, the United States, Poland, India, Serbia, the Czech Republic, Bulgaria, Greece, Romania and Lao People's Democratic Republic, which together accounted for a further 46%.

What are the leading suppliers of lignite to Turkey?

In value terms, the United States constituted the largest supplier of lignite to Turkey.

What are the leading importers of lignite from Turkey?

In value terms, Syrian Arab Republic emerged as the key foreign market for lignite exports from Turkey, comprising 94% of total exports. The second position in the ranking was occupied by Lebanon, with a 2.4% share of total exports.

What is the average export price for lignite in Turkey?

In 2021, the average lignite export price amounted to $100 per ton, shrinking by -26.5% against the previous year.

What is the average import price for lignite in Turkey?

In 2021, the average lignite import price amounted to $674 per ton, waning by -1.9% against the previous year.

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023