Research Report on China's Lignite Import 2023-2032

Research Report on China's Lignite Import 2023-2032

Lignite is the least coal type with high moisture, low calorific value and easy oxidation combustion. In China, lignite is mainly used as power fuel or chemical raw material, and is the main power coal. The coal tar, semi-coke, gas and other products obtained from lignite pyrolysis are also important industrial raw materials. With the growth of China's electricity demand in various fields in recent years and the limited growth of China's local coal production, the scale of China's lignite imports has been gradually expanding.

In 2021, China's lignite imports reached 118.91 million tons, up 20.19% year-on-year, with an import value of US$9.024 billion, up 132.89% year-on-year. From January to October 2022, China imported 102.95 million tons of lignite, up 6.32% year-on-year, with an import value of US$9.797 billion, up 53.91% year-on-year.

CRI analysis, from 2018-2022, the average price of China's lignite imports generally shows a decreasing trend followed by an increasing trend. From 2018-2020, the average price of China's lignite imports continues to fall, from US$52.45 per ton in 2018 to US$39.16 per ton in 2020. From 2020, the average price of China's lignite imports increases continuously. In 2021, the average price of China's lignite imports was US$75.89 per ton, up 93.77% y-o-y. From January to October 2022, the average price of China's lignite imports was US$95.16 per ton, up 44.76% y-o-y.

China's sources of lignite imports are relatively concentrated. In 2021, China imports lignite from 8 countries. According to CRI's analysis, Indonesia, the Philippines and the Russian Federation are China's main sources of lignite imports by import volume. Among them, Indonesia is the largest lignite importer in China. In 2021, China imported 107,727,100 tons of Indonesian lignite, accounting for 90.60% of the total lignite imports in that year, and the import value of US$8.219 billion, accounting for 91.08% of the total import value.

CRI expects China's lignite imports to continue to rise in 2023-2032.

Topics covered:

• China's Lignite Import Status and Major Sources in 2018-2022 
• What is the Impact of COVID-19 on China's Lignite Import?
• Which Companies are the Major Players in China's Lignite Import Market and What are their Competitive Benchmarks?
• Key Drivers and Market Opportunities in China's Lignite Import   
• What are the Key Drivers, Challenges, and Opportunities for China's Lignite Import during 2023-2032?
• What is the Expected Revenue of China's Lignite Import during 2023-2032?
• What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
• What are the Competitive Advantages of the Major Players in China's Lignite Import Market?
• Which Segment of China's Lignite Import is Expected to Dominate the Market in 2032?
• What are the Major Adverse Factors Facing China's Lignite Import?