Coal Market - Global Coal Exports Continue Falling, Australia Dominates The Market

Other Mining And Quarrying November 08, 2016
Author: Maria Fadeeva
Market Analyst

coal market

Photo: © agnormark / Bigstockphoto

The global coal trade amounted to 76,447 million USD in 2015, fluctuating mildly over the period under review, with a consistent downward trend in the last four years. A slight drop in 2009 was followed by brief recovery over the next two years, until exports decreased again.

According to IndexBox estimates, Australia continued to lead the way by a large margin in the global supplies of coal. In 2015, Australia's coal exports totaled 29,630 million USD, which accounted for a 39% share of global exports. Indonesia, Russia, USA, and Colombia were the other key global suppliers on the coal market in 2015, with a 45% combined share of global exports.

Indonesia (+10.3% per year) and Australia (+6.9% per year) were the fastest growing exporters from 2007 to 2015. Indonesia significantly strengthened its position in the global coal export structure, growing its share from 13% in 2007 to 19% in 2015.

On the other hand, Japan (18%, based on value terms), India (16%), China (11%), the Republic of Korea (11%), and Taipei (5%) were the leading destinations of coal imports in 2015. Imports to China grew the quickest, at a pace of +19.6% per year from 2007 to 2015. The balance of key imports also increased their imports over the period under review. India's share of global imports increased by +9 percentage points, while the share of Japan illustrated negative dynamics (-3 percentage points).

Global Exports Of Coal, In Value Terms

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  • coal market share
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  • key coal producers

Source: World: Coal - Market Report. Analysis And Forecast To 2020