In 2023, Germany led in global direct transfer on coal for producers, valued at 1.68 billion USD, despite a 0.32% year-on-year decline. Indonesia and China followed closely with stable and increasing transfers respectively. Notable shifts included a significant 12.51% rise for China and a 9.28% growth for India, signaling increased investment in coal production. Conversely, Poland and Belarus experienced declines, at -9.18% and -16.34%. South Korea and Argentina showed modest growths, 4.53% and 3.51% respectively. Finland, despite having the smallest value, exhibited the highest growth at 21.17%.
Future trends to watch include China's continued investment as it transitions to cleaner energy, coupled with India's growth potential, driven by energy demands. Meanwhile, European countries like Germany and Poland may shift towards energy diversification, impacting coal investments. Monitoring the balance between environmental commitments and coal dependency will be crucial.
Top countries in Direct Transfer on Coal for Producers by Country
| # | 9 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,680 | 2023 | -3.26% | -0.32% | View data |
| 2 | 2 Indonesia | 1,250 | 2023 | +9.89% | View data | |
| 3 | 3 China | 1,220 | 2023 | +8.44% | +12.51% | View data |
| 4 | 4 Poland | 123.84 | 2023 | -25.17% | -9.18% | View data |
| 5 | 5 South Korea | 107.87 | 2023 | +0.36% | +4.53% | View data |
| 6 | 6 Argentina | 84.34 | 2023 | -6.07% | +3.51% | View data |
| 7 | 7 India | 41.16 | 2023 | +16.76% | +9.28% | View data |
| 8 | 8 Belarus | 8.74 | 2023 | -2.4% | -16.34% | View data |
| 9 | 9 Finland | 1.14 | 2023 | +35.6% | +21.17% | View data |
