In 2023, China's direct transfer on coal for fossil fuel production was significant at $1.95 billion, reflecting an 8.75% increase year-on-year. Indonesia and the United Kingdom saw substantial growth of 172.25% and 226.17%, respectively. Meanwhile, Poland's value slightly increased, while South Korea experienced moderate growth. Countries like India and Japan saw reductions in their values. Notably, Belarus and Slovenia experienced the largest year-on-year declines, while Finland and France achieved notable growth.
Going forward, future trends to watch include potential shifts in coal transfer values due to policy changes and global commitments toward renewable energy, which may alter these figures profoundly. Added emphasis on environmental sustainability and carbon reduction will likely influence coal's role and financial management. Monitoring regulatory changes and technological advances in clean energy will be crucial.
Top countries in Direct Transfer on Coal for Fossil Fuel Production by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,950 | 2023 | +7.22% | +8.75% | View data |
| 2 | 2 Indonesia | 1,130 | 2023 | +12.38% | +172.25% | View data |
| 3 | 3 United Kingdom | 1,020 | 2023 | +33.02% | +226.17% | View data |
| 4 | 4 Poland | 869.7 | 2023 | +4.65% | +0.47% | View data |
| 5 | 5 South Korea | 118.72 | 2023 | -2% | +2.05% | View data |
| 6 | 6 India | 89.59 | 2023 | +2.31% | -1.74% | View data |
| 7 | 7 Argentina | 84.34 | 2023 | -6.07% | +3.51% | View data |
| 8 | 8 Colombia | 23.56 | 2023 | +0.11% | +2.93% | View data |
| 9 | 9 Japan | 10.29 | 2023 | -21.5% | -11.46% | View data |
| 10 | 10 Belarus | 8.79 | 2023 | -2.35% | -16.24% | View data |
