The latest data indicates that Poland leads in global total support on coal for general services, contributing 41.83 million USD, followed by China and the United Kingdom with 28.53 million USD and 26.58 million USD, respectively. Significant year-on-year changes were noted with the UK witnessing a massive increase of 225.59%, while France also observed a notable rise of 43.72%. Conversely, Slovenia experienced a substantial decline of 28.0%, suggesting a reduced investment in coal support. Both Poland and Germany saw slight declines of 5.74% and 1.74%, respectively. Over the five-year horizon, there has been mixed activity with some countries showing modest growth and others declining.
Looking forward, the global trend is likely to be impacted by policy shifts towards cleaner energy sources. Nations might increasingly leverage a transition to sustainable energy, potentially decreasing the total support for coal. However, geopolitical and economic factors could still play a pivotal role, influencing countries like China and the UK to maintain or adjust their coal support metrics. Monitoring these geopolitical developments and energy policies will be crucial in forecasting future trends.
Top countries in Total Support on Coal for General Services Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 41.83 | 2023 | +7.96% | -5.74% | View data |
| 2 | 2 China | 28.53 | 2023 | +12.53% | +10.92% | View data |
| 3 | 3 United Kingdom | 26.58 | 2023 | +32.7% | +225.59% | View data |
| 4 | 4 Germany | 11.69 | 2023 | -1.39% | -1.74% | View data |
| 5 | 5 South Korea | 2.34 | 2023 | -4.33% | -1.12% | View data |
| 6 | 6 South Africa | 1.65 | 2023 | +0.69% | +5.42% | View data |
| 7 | 7 Hungary | 0.91 | 2023 | -6.26% | -4.18% | View data |
| 8 | 8 Colombia | 0.57 | 2023 | -4.67% | -2.97% | View data |
| 9 | 9 Japan | 0.57 | 2023 | -0.38% | +2.87% | View data |
| 10 | 10 Indonesia | 0.27 | 2023 | +1.68% | +5.44% | View data |
