EU: Coal Market 2024

Coal Market Size in the EU

In 2022, the EU coal market increased by X% to $X.2B, rising for the second consecutive year after seven years of decline. Overall, consumption, however, continues to indicate a perceptible slump. As a result, consumption reached the peak level of $X.2B. From 2014 to 2022, the growth of the market remained at a lower figure.

Coal Production in the EU

In value terms, coal production shrank remarkably to $X.4B in 2022 estimated in export price. Over the period under review, production continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X.3B. From 2020 to 2022, production growth remained at a somewhat lower figure.

Coal Exports

Exports in the EU

In 2022, overseas shipments of coal increased by X% to X tons, rising for the third year in a row after seven years of decline. Over the period under review, exports posted a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, coal exports skyrocketed to $X in 2022. Overall, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands represented the largest exporter of coal in the European Union, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. Poland (X tons) ranks second in terms of the total exports with a X% share, followed by Belgium (X%). The Czech Republic (X tons), Germany (X tons) and Spain (X tons) took a relatively small share of total exports.

The Netherlands was also the fastest-growing in terms of the coal exports, with a CAGR of X% from 2012 to 2022. At the same time, Poland (X%) and Germany (X%) displayed positive paces of growth. Spain experienced a relatively flat trend pattern. By contrast, Belgium (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.) significantly strengthened its position in terms of the total exports, while Germany, Spain, Poland, Belgium and the Czech Republic saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) remains the largest coal supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the Netherlands totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Belgium (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, picking up by X% against the previous year. Export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coal export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Coal Imports

Imports in the EU

In 2022, supplies from abroad of coal increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, coal imports surged to $X in 2022. Overall, imports enjoyed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons) and the Netherlands (X tons) were the major importers of coal in 2022, amounting to approx. X% and X% of total imports, respectively. Poland (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Italy (X%), France (X%) and Spain (X%). Belgium (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported coal in the European Union, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany totaled X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, increasing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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