During the period from 2007 to 2011, sales of hard coal in the world increased by 16%: from 4.6 to 5.3 billion tons. The largest increase in sales of these products in the period under review was observed in China and India: by 515 and 124 million tons, respectively. Over the past decade, coal has become a reliable energy source for these developing countries and has provided them with affordable electricity.
Traditionally, the largest sales of hard coal are in China, India and the United States. The total share of these countries in the volume of sales of hard coal in 2007-2011 ranged from 71% in 2007 to 73% in 2009.
According to forecasts of BusinesStat, in 2012-2016, sales of black coal in the world will continue to grow by an average of 3% per year. In 2016, sales will exceed 6 billion tonnes. The annual increase in global coal sales in the world is significantly affected by growing global energy consumption by 2.5% per year. According to experts, after 2015, the growth rate of sales of hard coal in the world will decrease to about 1.8% per year due to the slowdown in the economic development of the countries of the Asia-Pacific region and developing countries.
“Analysis of the world market of hard coal in 2007-2011, forecast for 2012-2016” includes the most important data necessary for understanding the current market situation and assessing the prospects for its development:
• Economy and population
• Production of coal
• Sales of coal
• External and internal trade in coal
• Import and export of coal
• Foreign trade coal prices
BusinesStat regularly conducts a review of the coal market in all countries of the world, including Russia.
The review provides current data on production, exports and imports of hard coal in the countries of the world.
Separately, the forecast for the 25 countries of the world leading in the volume of production, export and import of coal is given: Australia, Brazil, Great Britain, Vietnam, Germany, India, Indonesia, Italy, Kazakhstan, Canada, China, Colombia, Malaysia, the Netherlands, Poland, Republic Korea, Russian Federation, USA, Turkey, Ukraine, Philippines, France, Czech Republic, South Africa, Japan.
These countries are referred to in the review as leaders of the coal market.
In preparing the review used official statistics:
• United Nations Statistics Division
• Commodity Trade Statistics
• Industrial Commodity Statistics
• International Trade Center
• Organization for Economic Co-operation and Development
Along with the official statistics, the review presents the results of the international research of BusinesStat:
• Audit of trade in coal products
• Coal industry expert survey
Categories: Industry / Coal Industry
The whole world