In 2023, Indonesia led the global direct transfer on coal for electricity generation with significant growth of 5.9%, while Germany and South Africa saw noteworthy increases of 8.68% and 8.56%, respectively. Italy and China experienced moderate growth, whereas Brazil and Ireland faced substantial declines, with Ireland decreasing by 27.14%. Hungary also dropped sharply by 23.28%. The five-year CAGR indicates Indonesia remains robust, but the global trend suggests potential shifts in energy policies and market dynamics.
Future trends to monitor include the impact of global decarbonization efforts, technological advancements in energy, and shifting regulations that may reduce reliance on coal, influencing these economic allocations dramatically.
Top countries in Direct Transfer on Coal for Electricity Generation Share by Country (Million US Dollars, Constant = 2020)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 40.54 | 2023 | +4.46% | +5.9% | View data |
| 2 | 2 Germany | 16.19 | 2023 | +9.21% | +8.68% | View data |
| 3 | 3 Italy | 16.03 | 2023 | +10.06% | +5.37% | View data |
| 4 | 4 China | 8.54 | 2023 | +6.26% | +5.84% | View data |
| 5 | 5 Greece | 6.71 | 2023 | +0.19% | +0.32% | View data |
| 6 | 6 Slovakia | 5.97 | 2023 | +3.1% | +1.89% | View data |
| 7 | 7 Brazil | 3.57 | 2023 | -10.8% | -10.67% | View data |
| 8 | 8 South Africa | 2.1 | 2023 | +0.82% | +8.56% | View data |
| 9 | 9 Ireland | 0.62 | 2023 | -28.75% | -27.14% | View data |
| 10 | 10 Hungary | 0.049 | 2023 | -12.3% | -23.28% | View data |
