Analysis of the Global Coal Market in 1992–2023. Forecast up to 2035
Year: 2025
Type: article
Abstract: The article presents a comprehensive analysis of coal consumption and production volumes from 1992 to 2023, with a detailed examination of the dynamics across countries and regions. The author identifies key players in the global coal market as well as the main trends in their development. Special attention is given to analyzing the factors driving transformations in the coal industry, including economic, ideological, geopolitical, and sanitary-epidemiological. The methodological basis of the study includes statistical analysis of coal production and consumption data by country, comparative analysis to assess the development dynamics of different countries and regions, factor analysis to determine the root causes of changes in the global coal market, and content analysis of official reports, statements, doctrinal documents, and other sources reflecting the state and prospects of the coal industry. Based on the obtained data and considering current trends in global economic development, the energy sector, and geopolitical processes, the article provides a forecast for the global coal market until 2035. The authors reason that during this period it is expected to form a stable trend to reduce the volume of coal production and consumption on a global scale. Special attention is paid to the forecast of the Russian coal market development. The presented findings and projections may be useful for researchers, analysts, policymakers, and the business community engaged in issues of energy security, the coal industry, and global economic development.
Source: Geoeconomics of Energetics
Author: S. Yu. Alfyorov
Language: English
Subfield: Fuel Technology
Field: Energy
Domain: Physical Sciences
Open Access status: hybrid
OpenAlex ID: W4409256775