Research Report on China’s Lignite Import 2023-2032

admin — Mon, 05 Dec 2022 06:31:15 +0000

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?

Table of Contents

1. 2018-2022 China’s Lignite Import Analysis

1.1. China’s Lignite Import Scale

1.1.1. China’s Lignite Import Volume

1.1.2. China’s Lignite Import Value

1.1.3. China’s Lignite Import Price

1.1.4. Apparent Consumption of Lignite in China

1.1.5. Import Dependence of China’s Lignite

1.2. Major Import Sources of China’s Lignite

1.2.1. By Import Volume

1.2.2. By Import Value

2. 2018-2022 China Lignite I Import Analysis

2.1 China Lignite I Import Volume

2.2. China Lignite I Import Value

2.3 China Import Price of Lignite I

2.4 China Import Dependence of Lignite I

2.5 China’s Import Sources of Lignite I

2.5.1. By Import Volume

2.5.2. By Import Value

3. 2018-2022 China Lignite II Import Analysis

3.1. China Lignite II Import Volume

3.2. China Lignite II Import Value

3.3 China Lignite II Import Price

3.4 China’s Import Dependence on Lignite II

3.5 China’s Import Sources of Lignite II

3.5.1. By Import Volume

3.5.2. By Import Value

4. 2018-2022 Analysis of China’s Major Import Sources of Lignite

4.1. Indonesia

4.2. Philippines

4.3. Russian Federation

4.4. Other Import Sources

5. Outlook for China’s Lignite Imports, 2023-2032

5.1 Factors Affecting China’s Lignite Imports

5.1.1 Favorable Factors

5.1.2 Unfavorable Factors

5.2. China’s Lignite Import Forecast, 2023-2032

5.2.1 Import Volume Forecast

5.2.2. Forecast of Major Import Sources

5.2.3. Forecast of Major Import Types of Lignite

The post Research Report on China’s Lignite Import 2023-2032 first appeared on CRI Report.

Research Report on Coal Import in China, 2019-2023

admin — Mon, 14 Jan 2019 07:58:06 +0000

Description
China is the largest coal producer and consumer. The huge coal consumption in China encourages foreign coal producers to expand their production capacity. In addition, overseas coal mines are mostly opencast ones, which makes it easy to increase production. However, coal production in China is restricted by environmental protection policies and other factors. In recent years, some small and medium-sized coal mines had to cut or even stop production because their environmental protection facilities failed to meet standards. Meanwhile, the rising mining costs have made the coal prices in China higher than the international coal prices. For example, in 2017, the average price of imported steam coal was only 429 CNY/ton, about 12% lower than that of domestic steam coal.
According to CRI’s analysis, the logistics costs for imported coal are very low because imported coal mostly enters China by sea. While the logistics costs for domestic coal are far higher because the prices of refined oil are more expensive in China than in other parts of the world, and the expressway tolls are excessively high. Therefore, China imports a large quantity of coal every year. In 2017, the import volume of coal in China was about 270.9 million tons, up by 6% from 2016.
Coal imports are classified into anthracite, coking coal, other coal, other bituminous coal and lignite. The first three types of coal are used for thermal power generation and collectively called as steam coal in China. China’s coal imports are dominated by steam coal that has a low average price. For example, in 2017, steam coal imports reached about 188.14 million tons, accounting for about 69.4% of China’s coal imports. As the major sources of China’s coal imports, in 2017, Indonesia, Australia, Mongolia and Russia exported 251 million tons of coal in total to China, contributing about 93% to the import volume of coal in China. Indonesia, the largest source of China’s coal imports, exported about 109 million tons of coal to China in 2017, accounting for 40.2% of the import volume of coal in China.
According to CRI, coal import can bring the following benefits to China: (1) Appropriate amount of coal imports can suppress the price fluctuations and speculation on China’s coal market so that the downstream industries can maintain stable production and operation; and (2) the import of high-quality coking coal that China lacks can promote the development of China’s coke and metal smelting industries.
However, the Chinese government issues policies to restrict coal import from time to time, worrying that a large quantity of coal imports will harm the interests of domestic coal mining industry. For example, from Jul. 1, 2017, according to the Interim Measures for Administration of Quality of Commercial Coal, the ports administered by province-level governments stopped approving coal import. On Jan. 9, 2018, the National Energy Administration held talks with major power enterprises on assessing power plants’ use of imported coal and the supply of coal for power generation. At the beginning of Apr.2018, the Customs of China’s major coal importing provinces such as Fujian, Guangdong and Zhejiang began to restrict coal import.
It is expected by CRI that the import volume of coal in China will continue to grow from 2019 to 2023 but the growth rate may be limited. On one hand, imported coal can stabilize the coal prices in China and improve the operation of the major downstream industries of coal. On the other hand, a large quantity of coal imports will certainly impact China’s coal mining industry. Therefore, the Chinese government will issue policies to regulate and rationalize coal imports.

Topics Covered:
– China’s major policies on coal import
– Coal import in China
– Comparison of prices of domestic and imported coal in China
– Major sources of China’s coal imports
– Major factors influencing coal import in China
– Forecast on coal import in China from 2019 to 2023

The post Research Report on Coal Import in China, 2019-2023 first appeared on CRI Report.

lignite – CRI Report

Research Report on China’s Lignite Import 2023-2032

Research Report on Coal Import in China, 2019-2023