In the EU, growth in coal demand was minimal in 2022 as a temporary spike in coal-fired power generation was almost offset by lower use in industry. Coal market update by regionCoal demand fell faster than expected in the first half of this year in the US (24%) and the EU (16%). The shift of coal demand to Asia continues. The three largest coal producers – China, India and Indonesia – all produced record amounts in 2022. Seaborne coal trade in 2023 may well surpass the record of 1.3 billion tonnes set in 2019.

Source: The North Africa Journal July 28, 2023 11:48 UTC