In 2024, Poland leads European coal and lignite mining turnover, generating a substantial proportion of total revenue, followed by the Czech Republic, Germany, Bulgaria, and Bosnia and Herzegovina. From 2023, Poland experienced a moderate decline of 4.27%, while the Czech Republic and Germany saw severe contractions of approximately 11.83% and 10.79%, respectively. Bulgaria's turnover increased slightly by 1.0%, whereas Bosnia and Herzegovina experienced a minor decrease of 1.32%. Romania saw a significant rise of 6.31%, in stark contrast to Hungary's sharp decline of 20.62%.
Future trends to be observed include increasing environmental regulations, technological advancement in mining processes, and shifts in energy resource preferences. These factors may lead to a continued decline in traditional mining regions, with potential growth opportunities in renewable energy sectors. Stakeholders should also watch for geopolitical shifts and economic stimuli influencing energy policies across Europe.
Top countries in Coal Mining and Lignite Mining Turnover Share by Country (Million Euros)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 67.55 | 2023 | -1.47% | -4.27% | View data |
| 2 | 2 Czech Republic | 11.42 | 2023 | -11.69% | -11.83% | View data |
| 3 | 3 Germany | 10.61 | 2023 | -16.74% | -10.79% | View data |
| 4 | 4 Bulgaria | 4.87 | 2023 | +0.46% | +1% | View data |
| 5 | 5 Bosnia and Herzegovina | 4.47 | 2023 | -0.099% | -1.32% | View data |
| 6 | 6 Romania | 0.13 | 2023 | -8.08% | +6.31% | View data |
| 7 | 7 Hungary | 0.043 | 2023 | 0% | -20.62% | View data |