In 2023, China leads global direct coal transfers with $2.59 billion, exhibiting an 11.17% annual growth. Indonesia follows with $1.92 billion, marking 19.31% growth. South Africa retains the third spot at $1.01 billion, with a 5.56% increase. Noteworthy are the dramatic surges in the UK at 225.59% and France at 43.72%. Conversely, significant declines are evident in Poland and Greece. India's figures are modest with a slight drop. A five-year CAGR analysis indicates consistent patterns with notable exceptions like the UK's rapid recent growth.
Future trends to monitor include policy shifts towards greener energy, impacting coal financing in traditional markets. Emerging economies may continue to rely on coal, but gradual transitions are expected, influenced by technological advancements and international climate agendas.
Top countries in Direct Transfer on Coal for All Beneficiaries or Sectors by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 2,590 | 2023 | +9.86% | +11.17% | View data |
| 2 | 2 Indonesia | 1,920 | 2023 | +5.27% | +19.31% | View data |
| 3 | 3 South Africa | 1,010 | 2023 | +4.76% | +5.56% | View data |
| 4 | 4 United Kingdom | 974.37 | 2023 | +32.7% | +225.59% | View data |
| 5 | 5 Poland | 701.54 | 2023 | -2.79% | -5.75% | View data |
| 6 | 6 Italy | 402.59 | 2023 | +8.95% | +4.16% | View data |
| 7 | 7 South Korea | 189.64 | 2023 | -2.38% | +0.71% | View data |
| 8 | 8 Greece | 159.76 | 2023 | -1.05% | -1.95% | View data |
| 9 | 9 Slovakia | 144.92 | 2023 | +3.16% | +1.12% | View data |
| 10 | 10 Argentina | 126.59 | 2023 | -2.76% | +8.29% | View data |
