Lebanon's coal market is a significant segment of the country's minerals industry, influencing both domestic consumption and international trade. The import and export activities of coal are vital for the country's energy sector, given that Lebanon does not have substantial coal reserves and relies heavily on imports to meet its energy needs. According to the latest CSV data, Lebanon's coal imports have seen varied trends over the past year. The trade volume of coal reached a peak in the second quarter, with a significant increase of 15% compared to the first quarter. This surge can be attributed to increased industrial activity and a rise in energy demand during the summer months. However, the third and fourth quarters showed a decline of 10% and 5% respectively, aligning with the usual seasonal dip as industries slowed down. Price trends have been notably volatile. The average price per ton of coal in the first quarter was around $75, which increased to $85 by the second quarter, influenced by increased demand and global price hikes.
In the third quarter, prices stabilized at $82, reflecting a moderate adjustment as the market corrected itself. The fourth quarter saw a slight decrease to $80, as the international market faced oversupply concerns, affecting local pricing in Lebanon. The dynamics of Lebanon's minerals market, particularly in coal, are shaped by global trends and local industrial needs. For businesses looking to engage with Lebanon's coal suppliers, understanding these trends is crucial. Reliable contact information of minerals suppliers can be pivotal for securing steady supply chains and optimizing procurement strategies. For companies seeking to navigate these complexities, Aritral. com offers invaluable tools and services. As an AI-driven B2B platform, Aritral simplifies international trade through features like Product Listing, Direct Communication, Global Sales Assistance, and AI-Powered Marketing.
This enables businesses to better manage their profiles and explore new opportunities in the global coal market. By leveraging Aritral's capabilities, businesses can enhance their market presence and operational efficiency.
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